Climate change has been one of the most discussed issues in these modern days. It is prove on many researches that the increase in man-made green house gas emission can significantly affect the climate in the world, on every part of the globe. In the last few years, climate change has become the most researched subject in science. The reason is that because climate change can affect significantly to the earth and it has to be taken care of. In a business world, particularly in Automotive Industry, climate change is also one of the must discussed subject, and because of automobile is one of the factors that produce the most CO2 (Carbon dioxide), it become one issue that force automotive industry to change their product to reduce the amount of CO2 emission.
Executive Summary An assignment was given in choosing a MNC or SME from any industry of a country origin and its core business was examined. Issues regarding with foreign direct investment, international diversification impact on the cost of capital for the company need to be discuss as well. So, the company that chosen is Volkswagen and the host country is China. Volkswagen Company is a well known for its line of automobiles and the most famous brand associated with the company is Audi. Introduction With an average growth of 2% annually, car industry has been one of the fastest growing industries in the world.
Car pollution is a major problem in our ecosystem and everyday lives. Car pollution not only affects crops, plants, tress and many other resources, but it also causes human health risks. Many problems are caused by car pollution; unfortunately, it is something that happens every day. Car pollution could be reduced in many ways. But can a few people prevent car pollution?
Introduction The transport sector influences air pollution. Pollutants like carbon dioxide (CO2) and water vapour (H20) are known to be the most important transport emissions to the atmosphere. The use of vehicles in the roads affects air emission pollution and the combustion of fuel takes place when vehicles are used. As a consequence, this combustion process emits gases that affects the environment. In addition, “road traffic exhaust emissions have been the cause of much concern about the effects of urban air quality on human health and tropospheric ozone production” (Colvile, Hutchinson, Mindel & Warren , 2000, p. 1537).
Automobile Air Pollution Efforts to improve the standard of living for humans, through the control of nature and the development of new products have also resulted in the pollution of the environment. Much of the world's air, water, and land is now partially poisoned by pollution. Some places have become uninhabitable. This pollution exposes people all around the globe to new risks from disease. Many species of plants and animals have become endangered or are now extinct.
The components of air pollution have been attributed to a number of serious health and environmental consequences. For example, air pollution can lead to eye, nose and throat irritation, as well as complications in breathing. Some chemicals in air pollution, such as benzene, cause cancer while other chemicals may cause birth defects, brain and nerve damage and long-term injury to the lungs and breathing passages. Not only does air pollution create distinct medical problems, it also creates environmental problems as well. Carbon dioxide, sulfur dioxide, and nitrogen oxide are three examples of gases released into the atmosphere each year as a result of the combustion processes.
One of these countries is China. In fact it is believed that when the General Motors was in its lowest point, China was one of the countries that helped build General Motors back up. In China there are four brands that are selling; Buick, Chevrolet, Cadillac, and Opel. Opel is a brand that is only made in Europe, Africa, and Asia. Knowing that outside of the US, China has the highest number of car sales, what makes them the highest?
It was founded by Henry Ford on June 16, 1903.The first model introduced to the market was the T-model in 1908.It is listed in the New York Stock Exchange and is controlled by the Ford family, although they have minority ownership. Ford is the second largest US based automaker and the fifth largest in the world based on 2010 vehicle sales. With about 187,000 employees and 62 plants worldwide, the company’s automotive brands include Ford and Lincoln. In 2014, Ford was named the Best Global Green Brand by Interbrand, and, in early 2015, Ford was named to the Ethisphere Institute’s list of the World’s Most Ethical Companies for the sixth year in a row, the only automaker to be named in all of those years. Product and services: Ford Motor Company sells a broad range of automobiles under the Ford marque worldwide, and an additional range of luxury automobiles under the Lincoln marque in the US.
"Outline what you consider to be the key features of the global Automobile industry, and discuss how the industry has changed in recent years." The global auto industry is expected to produce 85 million sales in 2014, up from an estimated 82 million in 2013. The automobile industry is a hugely profitable industry as we all know but Auto sales since 2008 have been below the long-term trend of the previous decade. Even in 2013, sales were below 16 million, which was the normal pace for the previous 10 years. [“ Global Car Sales Seen Rising to 85 Million in 2014” by MIKE RAMSEY and NEAL BOUDETTE – Wall Street Journal Online written Dec. 16, 2013.
This foucs of China has created a large export market for US. With a population close to 1.3 billion and foreign exchange reserve estimated to be around $3.7 trillion China today is an enormous market for any business. Apart from being a lucrative export market for US manufacturers and other business, China also is one crucial importer to US market. This can be understood by the fact that China was the largest source of US imports in 2013, which is estimated to be $440 billion. Importance and position of China as a source of imported for US has grown significantly over past few years.