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Environmental Challenges For The American Auto Industry
Environmental Challenges for the American Auto Industry This essay will analyze the current
environmental challenges faced by the auto industry in the United States, focusing on its global
competition, new technologies, environmental impacts and government reactions as well as opinions
from consumers. Global competition in the industry According to Statista, over 742 million
passenger cars are expected to be produced worldwide in 20151 . The world's largest automakers
include General Motors and Ford, the Volkswagen Group, as well as the Toyota Motor Corporation,
Honda and Nissan2 . Toyota, the world leader, sold around 10.08 million vehicles and its main
markets are Japan and the U.S. In the United States, the Toyota Camry and the Toyota ... Show more
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Until 2030 doesn't come, cars in 2016 already have some autonomous functionalities, for example
BMW's selfparking system4 . Another important technology is smart dashboards. Apple's CarPlay5
and Google's Android Auto6 are two of the big players in this new technology. Smart dashboards act
just like smart phones where users can read text messages, make calls, navigate maps and play
songs. Some of the new smart dashboards also come with a gesture control functionality where users
may control their radio and Bluetooth systems just by waving his/her hand in the air7 . Finally one
other recent and promising new tech is vehicle tracking. By tracking the driver's behavior, insurance
companies expect to provide better rates to customers8 . Environmental impacts and government
reaction Car emissions are becoming more and more on the spot lately. According to the Union of
Concerned Scientists, the U.S. transportation sector produces nearly thirty percent of all US global
warming emissions. Their study shows that cars and trucks together account for nearly one–fifth of
all US emissions, emitting around 24 pounds of carbon dioxide and other globalwarming gases for
every gallon of gas9 . Governments seem to be closely looking at this problem. In the United States,
new cars are required to have an economy label posted on the window sticker and also must be
certified to meet federal emission
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Opportunity In The Auto Industry
Opportunity / Industry Overview The United States spends billions of dollars in the automotive
industry to close the gap between vehicle over–production and the need for auto dealers to
constantly grow sales in line with the over–production. Auto dealers operate in a "survival of the
fittest" environment, which has led to a rise in the consolidation of auto dealerships. For the above
reasons, spending in the auto sector in the United States is constantly increasing, as OEMs and auto
dealers are continually trying to get an edge and outperform the competition. Target Audience The
Company will focus on the 80% of auto dealers who are average or below–average performers who
want to increase their sales and grow their business. The ... Show more content on Helpwriting.net
...
Competitive Landscape Dealer Management Solutions Summary: One of the largest solutions of its
kind in the United States is CDK. Advantage: These comprehensive solutions focus on ERP and
financial controls. Disadvantage: Dealer management solutions are unwieldy, complex, and
expensive. Salesforce Summary: This is often used as the CRM solution within dealerships.
Advantage: Salesforce is probably the best known and leading sales management tool that has
morphed into a CRM solution. Disadvantage: At its heart, Salesforce is a sales lead management
tool and not CRM. Salesforce is a one–size–fits–all approach, unless the client pays for
customization, which sends the subscription rocketing upwards. The product also does nothing for
salesperson engagement and very little to fix broken processes for sales and performance.
Dashboard and Insight Providers (Klipfolio) Advantage: Products like Kilpfolio can create different
dashboards and visualizations. Disadvantage: Clients need to know what they want and how to
manipulate the data for the program to be useful. The program can find broken processes, but not
solutions. Net Promoter Products (Customer Gauge) Advantage: Net promoter score are widely
adopted as a means of tracking loyalty, so net promoter products are the most comprehensive
solution. Disadvantage: Not every expert believes net promoter score is the best way to track
loyalty, and it does not help
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The American Auto Industry
The American Auto Industry The American Auto Industry was once a shining example of the
American Dream and the innovations of a growing industry. The 2009 recession tested the strength
and morale of the industry and it has answered back with growth in the last few years. This paper
will discuss the global competition, new technology, environmental impacts, consumer opinions and
a SWOT analysis of the U.S. industry. In 2013, Detroit shined again, and combined came in higher
than its global competitors. Research showed U.S. car companies held 46% of auto sales and this
surpassed all the competition in Japan, Germany and Korea (Wood, 2014). Detroit automakers were
nearly destroyed in 2009 when hit by a crippling recession. The American tax payers bailed the
companies out and they have recently started to show the growth it takes to succeed and be number
one. The recession has also forced the American auto industry to become more efficient and
competitive. It has overall decreased the number of employees and reduced costs in other ways to
protect the company's wellbeing and the taxpayer's investment. New technology and innovation are
important roles in any industry attempting to succeed in the current market. Automakers have
recently put effort toward low emission vehicles, lightweight materials, safety and assisted driving.
The American consumers expect the latest technologies and safety features, and the automakers are
tasked with efficiently and effectively providing
... Get more on HelpWriting.net ...
American Auto Industry : The American Automobile Industry
American Auto Industry The American Auto Industry began in the late 1800 's and grew to be one of
the largest of it 's kind in the world. The industry also encompasses many global automobile and
auto parts manufacturers across the country. Production rise and fall over the past decade has
dropped the American Automobile Industry into the number two spot in the global market just
behind China. The Big Three,comprised of General Motors, Ford Motor Company, and FCA
US(formally known as Chrysler), were the primary owners of most of the manufacturing facilities in
the United States. Competition in the automobile industry is hard to distinguish since most all of the
major global automotive makers have and do produce their vehicles in U.S. ... Show more content
on Helpwriting.net ...
Working together, the "cobots" can help it 's human counterparts with tasks like lifting, assembling,
painting and even seeing. " The laser and camera placing in an array on the robot wrist, are able to
see exactly where to install the parts on the car body."(Bélanger–Barrette, 2016) Technology has
made the assembly line flow faster and more efficient. Computer assistance in the auto industry
doesn 't stop there. A car designer uses a program to design a concept for the car they want to make.
That design is approved and sent to the next computer program which tells the machine all the
information it needs to know to build the car. The assembly line is programmed to follow the
directions and help humans produce the finished product. Computers are in every aspect of an
automobile, from conception to production, all the way to computers helping you use the car and
even driving the car for you. Cars come equipped with smart dashboards that respond like smart
phones to read your texts to you, answer the phone for you, retrieving road maps and finding the
best route to take on your destination, and playing music. Cars that drive themselves can remotely
sense it surroundings, have laser range finders, and generate 3–D maps to navigate it 's environment.
Also, stop–start technology, or Idle Start and Stop Systems helps with reduce fuel consumption by
shutting the car off when the engine is idling. This is a
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Auto Industry : The American Automotive Industry
There are many issues that are currently facing the American Automotive industry, especially in
terms of environmental factors. The automotive industry has been around for a very long time, and
is a relatively stable industry, but there are still areas where automotive companies need to adapt and
if they fail to do so, they will be at a disadvantage against their peers, both here in America and also
globally. In this essay I will break down a few of the issues that I believe are plaguing the American
Automotive Industry.
Since the 1960's there have been many government acts passed that aim to increase the safety of
vehicles, and decrease the environmental effect that they have on the world (Automotive Industry
Analysis, pg 1). It is no secret that car's emissions cause serious environmental issues with their
pollution, and as this information has come out, there have been more and more Acts that place
limits on automobile companies or force them to research ways to create more environmentally
green cars.
This need to create ecofriendly cars has meant that many American automobile companies have had
to overhaul their processes; not only in investing money to find cleaner sources of energy and ways
to fuel cars, but also because they have established protocol and procedures already that will also
need to be overhauled. This is clearly a difficult demand for long established companies, many of
which are American, because in order to keep up not only with the law but also with
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Auto Industry : The United States
The auto industry has many challenges within the United States. As the market minimizes it
becomes increasingly difficult for auto manufacturers to circumvent the economic downfall of the
market. Newer technologies threaten the industry as consumers demand better fuel efficiency and
are becoming more environmentally conscientious. With the ever involving consumer auto makers
must drive sales in a creative manner than benefits all. The automotive industry had an extreme
impact with the U.S. economy. It was shown that the overall sales topped 375 billion dollars. That 's
not to mention that " each worker in the auto industry creates 7 jobs in another industry"
(Automotive Industry Analysis, 2004). Automotive manufacturing was a significant driver to the
economic growth of the United States. The industry accounted for 3.7% of the nation 's gross
domestic product. Not only did economic stability have an effect when the auto industry was alive in
the U.S, but technology was becoming more prevalent. Since the internet came into fruition it is
common sense that everyone goes online to check out any information they want. With this
technology potential consumers can navigate to any automotive dealers website and browse the
available cars to get a better understanding of what they 're looking for. "88% of consumers went to
a website before going to the dealership to test drive a car" (Automotive Industry Analysis, 2004).
Since the need to go to the dealer has
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Challenges Facing The American Auto Industry
The auto industry has faced many challenges in the past years. The competition is now stronger than
ever, all car manufacturers have been competing to be the number 1 in the market. At the same time,
the growing concern of Global Warming has force the industry to reinvent itself and find ways to be
more sustainable. Equally important, is the yearly advances in innovation that had made it harder to
keep new vehicles up–to–date on the latest technology. For all this reasons, the car industry
struggles to maintain customer satisfaction. In this essay, I will touch each one of the points on the
challenges facing the American auto industry. The first point is global competition. "Global
competition resulted in less market share for U.S. car manufacturers and threatened company profits
as more foreign brands entered the U.S. market" (Investopedia, 2015). The number one reason for
this is the cost of manufacturing vehicles on American soil as labor is more expensive than
manufacturing overseas. For this, operating costs are higher for American automakers than for
foreign automakers. Ironically, American vehicles are seen as the cheaper, less reliable versions of
their competition. There's also a sense of high status in European vehicles that their American
counterpart haven't been able to reach as European cars are thought as the most luxurious cars on the
market. The one American brand that has gained name recognition is Tesla. This brand is seen as
more luxurious, sophisticated
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The American Auto Industry
The American Auto Industry The American auto industry was once a shining example of the
American Dream and the innovations of a growing industry. The 2009 recession tested the strength
and morale of the industry and it has answered back with growth in the last few years. This paper
will discuss the global competition, new technology, environmental impacts, consumer opinions and
a SWOT analysis of the U.S. industry. In 2013, Detroit shined again, and combined came in higher
than its global competitors. Research showed U.S. car companies held 46% of auto sales and this
surpassed the competition in Japan, Germany and Korea (Wood, 2014). Detroit automakers were
nearly destroyed in 2009 when hit by a crippling recession. The American tax payers bailed the
companies out, and they have recently started to show the growth it takes to succeed and be number
one. The recession has also forced the American auto industry to become more efficient and
competitive. It has overall decreased the number of employees and reduced costs in other ways to
protect the company's well–being and the taxpayer's investment. New technology and innovation are
important roles in any industry attempting to succeed in the current market. Automakers have
recently put effort toward low emission vehicles, lightweight materials, safety and assisted driving.
The American consumers expect the latest technologies and safety features, and the automakers are
tasked with efficiently and effectively providing this.
... Get more on HelpWriting.net ...
General Motors And The U.s. Auto Industry
Five Forces Analysis of General Motors and the U.S. Auto Industry Trinity Washington University
Jessica Jackson I realize the responsibility involved in membership in the Trinity community. I agree
to abide by the rules and regulations of this community. I also affirm my intentions to live according
to the standards of honor, to which lying, stealing, and cheating are opposed. I will help others to
maintain this responsibly in all matters essential to the common good of the community. Paper
submitted to Dr. Stanley Nwoji in fulfillment of BADM 682 Strategic Management Fall 2014
Abstract This study examines General Motors Company (GM) and analyzes Michael E. Porter's
Five Forces Model within the auto manufacturing industry. A SWOT analysis was conducted to
compare GM's strengths, weaknesses, opportunities, and threats to the existing and potential
competitors in the auto manufacturing industry. The research design is a case study and retrospective
analysis of the historical and present day performance and strategies of General Motors. This study
concludes GM remains a strategic company that applies effective strategies necessary for sustained
competitive advantage, shareholder value, and superior performance. Keywords: auto industry,
automobile industry, auto manufacturing, competitive forces, five forces model, GM, General
Motors, General Motors Company, Michael E. Porter, SWOT analysis Case Study GM General
Motors Company, also
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Impact of the Recession on the US Auto Industry Essay
Introduction As the nation was introduced into the current recession, the auto industry and its labor
was likely hurt more than any other industry. Few years ago it was the homebuilding industry that
was troubled the most and held the first place, but it gave that position over to the auto industry the
following year. Why was this industry affected more than any other is very interesting and complex
situation. There are several factors why there was such a huge negative impact on this industry, its
performance, and the labor involved. Some of the major reasons are very high foreign competition,
higher oil prices, and certainly the recession. The Auto Industry In the United States, modern car
manufacturing has been historically ... Show more content on Helpwriting.net ...
Ford's F–Series experienced a 46% drop in sales for 2006 compared to 2007, making a once most
wanted truck in the United States almost abandoned by the consumers. The second and the current
recession that began in 2007 brought a new wave of impact on the auto industry. At the time banks
were more flexible with approving loans and the interest rates were low which attracted a lot of
consumers into the housing market. Since many of them were not able to afford it, eventually they
turned to foreclosure leaving them with debt and no credit worthiness; thus, banks started raising the
interest rates on auto loans. But foreign competition, higher oil prices, and higher interest rates were
not enough to destabilize the auto industry on such a scale; it was the recession that shocked it the
most. According to Martin B. Zimmerman, Chief Economist and Executive Director for
Governmental Relations and Corporate Economics Ford Motor Co., it is the auto industry that
depends on economic cycles more than any other industry. Drastic manufacturing cost cutting
continued for the next two years until there was almost nothing more to reduce or lay–off. This
downturn of the economy began a long lasting unemployment rise in Michigan that eventually
reached 15.3%. In 2009, according to the Chicago Fed, there were more unemployed auto
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A Report On Australian Auto Manufacturing Industry
Executive Summary–
The Government of Australia granted $500 million every year to car manufacturing industry in
Australia. Australian auto manufacturing industry confronts a genuine unverifiable future. In the
present day, Australia produces just 225,000 engine vehicles. This is an industry that depends
intensely on the economies of scale and it is of prime significance to accomplish costs
competitiveness, in any case it is the present volume that is to a great degree disillusioning. This
likewise controls interests in upgrading innovations in auto assembling, for example, propelled
mechanical autonomy. With the verifiable ascent in the Australian dollar trade rates, the industry is
experiencing focused weight as far as less expensive imports and fare competitiveness. Additionally
there are a few protectionist arrangements in numerous noteworthy and vital export destinations that
stand to hamper the export. For instance, in spite of the extremely fruitful Thailand–Australian Free
exchange Agreement, the Thai Government forces a non–levy obligation. This makes the domain 's
cost in Thailand extremely unappealing.
Birth of Holden– The Holden name initially showed up in Australia in the 1850s with J A Holden 's
calfskin and saddler business in Adelaide, South Australia. From 1885, the Holden and Frost
Company repaired and delivered horse–drawn carriages and constructed its first uniquely designed
auto body in 1914. In 1924, the organization was renamed Holden 's Motor Body
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Global Industry : The American Auto Industry
Just like any other industry competing in the global arena for market space for their products, the
American auto industry has faced and has had to grapple with many environmental challenges in its
business endeavors. Over the years, it has not been business as usual nor a walk in the park for the
American auto Industry. This has been due to the advent of global cut throat competition, the
innovation race, collaborative strategies, and both local and international protocol regulatory
framework demands such as emissions control, safety standards etc. The struggle for penetration and
maintenance of foreign market shares has also tested the American auto industry`s mettle In 2013,
an American auto industry report dubbed, ''Redefining the American Auto Industry" was compiled
by the Association of Global Auto makers and the American International Auto dealers `
Association. The aim of the report was to establish and indicate how international or global auto
makers were impacting the US economy in general. In 2013, international automakers in American
produced more than 5 million vehicles across America which were sold in the US market with 800
000 of that number being exported to over 60 countries outside the United States. Global
competition in the US auto industry and the presence of International Auto Makers in the US has
also had positive spin–off effects with respect to great employment opportunities elsewhere within
America. Every stage of car making represents an
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Impact Of The Automobile Industry On The Auto Industry
The automobile industry throughout the years has been a major player in the economic structures of
society. The industry as a whole has contributed to all areas of micro, macro, and international
economics in a way that not a whole lot of industries have. The automobile industry was not created
overnight by a single inventor. Numerous companies have come and gone throughout the history of
the automobile. Governments have bailed numerous corporations out, the industry has
unemployment due to outsourcing, and the economic profits of this industry have major factors in
decision making throughout an economic landscape. There have been numerous mergers and
acquisitions over the years, to name a few: Studebaker and Packard in 1954, Daimler ... Show more
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"USA Today reports that there were roughly 210 million licensed drivers in the United States as of
2010."(ask.com) Most people have at least one car, but numerous people drive multiple cars making
the consumer market for automobiles very lucrative if the certain automobile manufacturer can
obtain any sort of brand loyalty. The automobile industry is led by four main powerhouses in the
United States. As of May 2015, General Motors has a 17.7% market share, Ford has a 15.1% market
share, Toyota has a 14.5% market share, and Chrysler has a 12.5% market share so far this year.
Worldwide, these numbers vary, but General Motors and Toyota are the leading manufacturers by
multiple percentage points. When analyzing any industry it is best to look at Porter's Five Forces of
Competition model. In the automotive industry, there is not a whole lot of threat of new entrants to
the industry. The industry has high entry barriers, which cause for new entrants to have a hard time
competing with the bigger manufacturers. The economies of scale limit competition as well. There
is really no threat of substitute products in the automobile industry either. An automobile provides
convenience, independence, and a quicker way of getting to a destination. In some cities the threat
of mass transit poses a little threat, but transit like New York, Boston, and Chicago are not readily
available in rural America. There is a large amount of buyer power
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Analysis Of The U.s. Auto Industry
ANALYSIS OF THE U.S. AUTO INDUSTRY OVERVIEW OF THE INDUSTRY United States
Auto Industry's presence in the International scene can be trace to 1896 when Henry Ford built the
first car in America (Gale, 2003). He then revolutionized the industry with the invention of the
assembly line. The assembly line allowed him to mass produce the cars making them more
affordable to the consumers. Now local American manufacturers are General Motors (GM), Ford
and Chrysler or FCA US. Currently brands like Acura, Aston Martin, Audi, Bentley, BMW, Bugatti,
Ferrari, Fiat, Honda, Hyundai, Infiniti, Jaguar Land Rover, Kia, Lamborghini, Lexus, Lotus,
Maserati, Mazda, McLaren, Mercedes–Benz, MINI, Mitsubishi, Nissan, Porsche, Rolls Royce,
Smart, Subaru, ... Show more content on Helpwriting.net ...
market share. (AIADA, 2015). Global competition in the industry According to the American
International Automotive Dealers Association (AIADA) there are 16 major automakers competing
in the U.S. A report by the Automotive News (2014) said that "the tight race for market share is 'the
new normal' for the U.S. automotive market, and the battle for market share among the largest eight
automakers in the U.S. is great now as the range between them continues to narrow". It said General
Motors and Ford Motor Co. have continued to occupy the top two positions over the last 14 years,
but their lead has narrowed significantly as Toyota moved into the 3rd position ahead of Chrysler,
now called FCA US. Ranking them by Market Share this is how the top ten stood by the end 2013:
General Motors (GM) 17.9%, Ford 15.9%, Toyota 14.3%, FCA US 11.5%, and Honda 9.8%, Nissan
8.0%, Hyundai 4.6%, VW 3.7%, Kia 3.4% and Subaru 2.7%. (AIADA, 2014) International
automakers' share of U.S. vehicle sales continues to rise, now accounting for more than 59 percent
of total industry sales. Last year's sales increased by 29 percent, which reached 7.5 million vehicles.
(Global Automakers, 2015). Moreover, as new platform hubs grow, foreign auto suppliers may build
new plants in the U.S. to serve them. Nine out of 10 of the world's largest automakers and 46 of the
world's top 50 global automotive suppliers have opened R&D facilities in Michigan alone. New
technology for powering
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The Global Competition Of The Auto Industry
Today I will attempt to address the following topics of Global Competition, New Industry
Technology, the effect of emissions on the environment and government reactions to this and
Industry specific Consumer opinions about the product in regards to the Auto Industry in America.
Very seldom will you find a brand new car manufacturer in the world, only when there is complete
change an innovation such as Tesla will you find an auto company able to develop and grow a new
car as well as a new infrastructure for driving them. With that being stated, the Global competition
in the automobile industry is both extremely competitive and cut–throat. New vehicle iterations are
being created on an annual basis and each time a car is created, the consumer is requiring more
options and more fuel economy, and whether its Ford, Chevy or GM that is building the vehicle,
they must meet the demands of both customers in the United States and abroad. The brands such as
Mercedes, Toyota, Honda and BMW don 't make it easy for any of the largest US–based
automakers. More and more people from the United States want to feel like they are in a luxury
vehicle and with powerhouse brands such as Mercedes and BMW creating more lower end vehicles,
the automobile industry in the United States is finding it hard to keep their current customers loyal.
The most challenging issue the United States Auto Industry is facing is one of how to power all of
the vehicles that are being built and sold by the
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The American Auto Industry : The United States
THE AMERICAN AUTO INDUSTRY
The American auto industry is one of the largest in the world, with fourteen major auto
manufacturers (that produce a combined 55 brands) making the US home, including the big three;
General Motors, Ford Motor Company and Chrysler. In 2010, the automotive industry was
America's top exporter, generating over $100 billion in exports and producing nearly 8 million
automobiles. Auto manufacturing is leading in innovation and technology with auto companies,
occupying 8 positions of the world's top 25 spenders list for research and development. We now
have driverless cars, Connected and Smart Cars that offer internet connectivity, can alert you if there
are any problems with your vehicle, and speak to other cars. With the advancement of technology in
the automotive industry, scholars have noted that carmakers are now heading the military and space
industries in technological innovations. Congress' aim was for a third of the military's combat fleet
to consist of autonomous vehicles by 2015, The New York Times reports the U.S. armed forces is
lagging behind today's auto manufacturers. Even with all of the successes and advancements of the
automotive industry, there are still very real environmental challenges that plague them; such as
global competition in the industry, new technology for powering the product that this industry
produces, the effect of emissions on the environment and government reactions and consumer
opinions about the product the
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The Impact Of American Auto Industry On The Domestic Industry
American Auto Industry
As cited by the Bureau of Labour Statistics, 'the automotive industry includes industries associated
with the production, wholesaling, retailing & maintenance of motor vehicles'. This industry has had
an immense impact on the domestic industry. Nevertheless, with the 2007– 2008 recession, new car
sales decreased rapidly reflecting the overall decrease in consumer spending. Thereafter with the aid
of government, in early February, 2012 the American Automotive Industry made a brisk recovery,
making American automotive companies reign as the biggest & most profitable & it incrementally
grew year after year.
Competition
After a self–satisfied period, American auto manufacturers encountered formidable competition
from the Japanese (the most intense competitor, holding a combined U.S market share of
approximately 25%) & German manufacturers. American market share was lost to these foreign
brands as a result of better gas mileage, attractive design features & affordability provided by these
foreign entities. Consequently, U.S car sales struggled in the European market while these foreign
auto makers established production facilities & or expanded their already existing facilities (the
Japanese manufacturers) in the U.S. Japanese manufacturers have instituted innovative productions
by modifying U.S. manufacturing models, adapting & utilizing technology. Even so, the U.S. have
merged with & established strategic commercial partnerships with other
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Auto Industry Structure and Resources
Automotive Industry – Competitive Structure and Resources WS3A7–Team 1– MBAo221 Indiana
Wesleyan University ADM 534 An oligopoly is defined by Keat and Young (2009) as, "A market in
which there is a small number of relatively large sellers." The auto industry is considered to be to an
oligopoly because there are a large number of sellers, thus leaving the consumer only a certain
number of companies from which to purchase an automobile. The major manufacturers include
Ford, Chrysler, General Motors (GM), Toyota, and Renault/Nissan. According to Taylor (2012),
profits are going to be derived from a handful of mega–companies in North America, Europe, and
Asia. These companies include General Motors (GM), Ford, Toyota, ... Show more content on
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The front–line workers in manufacturing, production, and sales of the auto industry generally
require minimal education and receive on–the–job skill training. These workers may have a high
school diploma and great variance in skill level for manufacturing and sales. They will receive the
training needed on the job and their wages will not greatly vary; therefore, the effect of changes in
training and wages for those workers of the industry would be considered minimal in changes to the
supply curve. For this group, advances in technology would have a greater impact. In reviewing the
labor supply for the business segment of the automobile industry such as business management,
engineering, and marketing, this is the population of the industry which must: understand and keep
track of changing consumer demands, understand how to maximize opportunity for growth, how to
forecast, how to market, and be innovative in design and features of automobiles as technology
continues to advance and the market remains competitive. According to the Consumer Population
Survey (CPS), in 2011 the U.S. Labor Force, age 25 and older, with only a high school education
made up over three and a half million potential laborers; while in the same year, those unemployed
with a college degree equated to around two million (Bureau of Labor Statistics, 2012). Therefore,
the total
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The American Auto Industry Essay
The American Auto Industry has grown grammatically since the very early of the twentieth century.
"Although the blueprint for the modern automobile was perfected in Germany and France in the late
1800s Americans dominated the industry in the first half of the twentieth century. Henry Ford
innovated mass–production techniques that became standards with Ford, General Motors and
Chrysler emergingas the "Big Three" auto companies by the 1920s, Foner – Garraty 1991." Even
growing up with the fast speed but this industry also comes with the worst environment issues not
only in the United States but also in the world. There are many environment problem come with
American Auto Industry such as global competition in the industry, new technology for powering
the product that this industry produces, the effect of emissions on the environment and government
reactions to this, consumer opinions about the product your industry produces.
First we are going to discuss about the global competition is one of the features of the America Auto
Industry. As one of the earliest start with the automobile was happened in France and Germany very
well. Later on, in the year of 1995 United State and Japan signed up for the trade agreement called
Nauss 1995 to boost the ability of selling in products between two countries. This agreement
brought a lof of jobs for people in 2 countries. Moreover, this moment creating the increase of the
global competitions. "During the 1990s, Japan has produced some of
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Auto Industry Bailout Essay
The Macroeconomics of the Auto Industry Bailout
[Type the author name]
[Pick the date]
The Auto Industry Bailout
Detroit, Michigan grew up around the automobile industry. At its peak, Detroit was the fifth–largest
city in the United States, becoming the home to over 1.8 million people by 1950 (Davey, Monica
2013). The prolific population was due greatly to the success of the auto industry in the city. At that
time, Detroit was flying high, its name coined "The Motor City" (americaslibrary.gov), and
automobiles greatly impacted commercialization. From transporting goods to hastening production,
to selling parts, to manufacturing and selling new automobiles, the auto industry completely
transformed Detroit. Things seemed ... Show more content on Helpwriting.net ...
Bankruptcy discussions started immediately and centered on the prospect of Chapter 11 bankruptcy
(Start Fresh Today 2012), commonly called restructuring. It was generally used to provide a window
of opportunity for a corporation to renegotiate contracts, sell assets or component businesses for
cash, obtain debt forgiveness, or otherwise reform itself as a viable business enterprise. On April 30,
2009, Chrysler filed for Chapter 11 bankruptcy after talks with lenders broke down (Start Fresh
Today 2012). On the May 14, 2009 Chrysler announced it was to close 25% of its US dealerships as
part of its restructuring process.
Then, on June 1, 2009, General Motors filed for Chapter 11 bankruptcy after failing to successfully
negotiate deals with bond holders (Start Fresh Today 2012).
The purposes of the loans were to provide operating cash for G.M. and Chrysler, and keep car loans
available to buyers. GM earned $23 billion in 2010 and has invested $8.1 billion in thirty four U.S.
plants and created or retained more than 23,000 jobs since 2009 (Shepardson, David 2013). GM
agreed to give the government warrants for common stock, preferred stock, and a promise to repay
the loan in 2012. GM granted that union health–care benefits would be paid to retirees in 2010; they
would sell the Saab, Saturn, and Hummer divisions of their company, and reduce employment from
96,000 to 45,000 in 2012 (Arnadeo 2013). Chrysler
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Environmental Challenges Of The Auto Industry
"The US auto industry directly employs 1.55 million Americans and impacting a total of 7.25
million US jobs, generates $500 billion in annual compensation." (1) With such a large industry
looming in the economy, it is inevitable that it will face environmental challenges. Environmental
challenges can be hard to control and are essential to the success of a company. The challenges that
the auto industry must contend with are many and complex, such as; global competition, consumer
opinions, and new technology, a difficult fight lies ahead. The globalization of the world has made
business markets even more competitive. The auto industry in The United States has not escaped
this. "Global competition resulted in less market share for U.S. car manufacturers and threatened
company profits as more foreign brands entered the U.S. market. The total market share of General
Motors fell from 28.2% in 2000 to 17.6% by 2014. The other two of the Big Three car
manufacturers also lost U.S. market share during this same period. Ford fell from 24.1% to 14.7%.
Fiat–owned Chrysler now holds only 12.7% after having 15.7% of the market in 2000." (2) It is
undeniable that a global market has infiltrated the US auto industry. There are many factors that
make a foreign car appealing to US consumers such as: new and unique products, brand appeal, new
technology (fuel efficient engines), safety features, allegiance to birth country, product quality and
reputation, reliability, cost, and the list goes
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A Brief Note On The American Auto Industry
In 1890 the American auto industry bloomed in the United States leading to hundreds of
manufactures. Come 1920's there were three main auto manufactures known as the "big three"
(2015, Wikipedia). Those three manufactures are Ford, General Motors and Chrysler. Global
competition started to cut into the American auto market come the 1970s. The international auto
market combined with oil prices and economic crisis continue to affect the American auto market.
Overall the American auto industry has experienced steady and on occasion harsh drops in the US
market while receiving some small gains, however, no gains have brought them back to the hay day
they experienced between 1920s and 1950s. Political: One of the more recent effects politics has had
on the American auto industry is in 2012 "General Motors and Chrysler both faced bankruptcy"
(2012, Investopedia). In 2014 both companies filed for "...bankruptcy reorganization, and were
bailed out with loans and investments from the Federal Government" (2015, Wikipedia). This is in
direct contrast to their at home competitor Ford who holds financial resources to protect the
company during financial hard times. Demographic: The demographics of the American auto
industry has changed in recent years as global competitors have moved their manufacturing on local
turf. There is a rise of seniors and youths preference of SUVs regardless of gas prices. In order to
stay competitive with today's communication and other technologies
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A Brief Note On The American Auto Industry
The American Auto Industry is one of the leading car–making industries in the world. There are
three major car manufacturers which are General Motors, Ford, and Chrysler. In the month of
December of 2015 these three manufacturers had combined sales of close to 750,000 vehicles
(Specter, Bennett, & Stoll, 2016). The industry made a lot of changes after the recession of 2008
(Specter, Bennet, & Stoll, 2016), but there are new challenges that they are facing.
The companies face increasing competition when it comes to truck sales due to foreign competition.
This matters because trucks are a very lucrative market for the domestic producers
(Torque, 2015). Recently Nissan and Toyota introduced new full size pick–up trucks to compete in
this segment. Hyundai, another Asian competitor, also is looking at introducing a truck into the U.S.
market (Stoklosa, 2016). This is important to know for the American Auto Industry because selling
cars is not creating a lot of profit for them (Torque, 2015).
Another issue for the American market is the luxury vehicle market. The reason for this is that
American luxury brands do not sell as well as their European and Asian competition
(Wernle, 2015). Cadillac, General Motors' luxury brand, recently reacted to this by hiring Johan de
Nysschen, to help turn their brand and sales around (Ulrich, 2015). This means that General
Motors is actively working to beat the competition.
The ongoing trade with China also influences the Automotive Industry in
... Get more on HelpWriting.net ...
Auto Parts Industry
On the Road: U.S. Automotive Parts Industry Annual Assessment Office of Transportation and
Machinery U.S. Department of Commerce 2011 Table of Contents Tables and Charts Index
Executive Summary Introduction Automotive Parts Sector Definitions Overview of Market
Conditions Economic Indicators 2 3 4 4 5 8 9 9 11 13 15 17 17 18 18 19 22 26 28 29 30 32 33 35
Automotive Parts Markets Original Equipment Aftermarket Remanufacturing Employment Trends
Leading Industry Stories Visteon Bankruptcy Comes to an End Other Industry Developments
Counterfeiting Alternative Fuels Advanced Technologies In–Vehicle Electronics, Engineering,
Safety, and New Technologies International Developments and Trade China Japan South Korea ...
Show more content on Helpwriting.net ...
Still, automotive parts suppliers and automakers face another couple difficult years and most
analysts don't see the automotive market improving significantly until 2012. International U.S.
automotive parts exports increased 36.2 percent to $58.1 billion in 2010 compared to $42.7 billion
in 2009. Most of the exports (84 percent) went to Canada, Mexico, European Union 151 (EU–15),
and Japan in 2010. Automotive parts imports were $90.9 billion in 2010, up 44.3 percent from $63
billion in 2009. Mexico, Canada, Japan, Germany, and China combined accounted for $71 billion, or
78 percent of total U.S. imports of automotive parts. Specifically, imports from China increased 35
percent from 2009 to $10 billion in 2010. The overall U.S. automotive parts trade deficit in 2010
was $32.8 billion, up 61.3 percent from 2009 levels. The European Union 15 countries are Belgium,
Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain,
the United Kingdom, Austria, Finland, and Sweden. 1 International Trade
Administration/Manufacturing and Services/Office of Transportation and Machinery Introduction
Automotive parts consumption is linked to the demand for new vehicles, since roughly 70 percent of
U.S. automotive parts production is for Original Equipment (OE) products. The remaining
... Get more on HelpWriting.net ...
A Brief Note On The American Auto Industry
In as much as businesses are faced by challenges which occur within the working environment, they
are also faced by environmental challenges which can determine the success or failure of the
business. The American auto industry though viewed to be one of the top in the world; it faces its
own challenges. Global COMPETITION in the industry: Global competition has expended in the
auto industry because of an increase in global trade. This has resulted in the decline of sales in the
American auto industry whilst sales in the Asian industry especially China has increased. In 2009
sales in the U.S. hit their lowest point meanwhile, it doubled in Asia generally, especially in China.
(loc.gov. 2014). One of the reason for this decline in the American Auto sales is because the
Japanese automakers have altered the U.S. manufacturing models and are selling it in the global
market at a less expensive rate. The price and innovation is attracting a lot of customers' to this part
of the world leaving the American industry to suffer. New technology for powering the product that
this industry produces: The world's motor industry have all adapted and utilized technology to
enhance production and increase product competition. General motors, America's number one motor
company have developed a lot of interesting features in cars which have made their products highly
sort after. They developed crash–test dummies which are used in testing of new cars for safety
during an accident before
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Impact Of The American Auto Industry On The Economy
Several factors have affected how the American auto industry now positions itself on the world
market, and big changes have been made to reflect this new direction. The introduction of new
technologies in vehicles, the growing market for cars in new developing markets, the impact of the
industry on the environment, legislative responses and demands, as well as the increased
expectations from consumers, are some of the factors. More international cars are being designed,
manufactured and bought by American consumers and exported to foreign markets today than those
exclusively manufactured by American companies, redefining the American auto industry, while
having a positive impact on its economy. International brands accounted for 45% of total sales in the
U.S. in 2013 and have now risen to 59% of the market, and continue to grow. While the amount of
American cars has decreased in the local U.S. market share to international ones, the increase of
foreign car production on U.S. soil has had the effect of creating new jobs for Americans both in the
auto industry as well as in related new industries. The industry has seen huge growth numbers in the
last few years with more growth expected.
The automotive industry is the 3rd largest worldwide in research and development with Ford and
General Motors leading with billions in investments. The increased access to data and information
has been significant, and new technologies have also ushered in a new era with electronics which
now
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General Motors And The Auto Industry Essay
General Motors is one of the largest car manufacturing companies in the world. Best known for their
automobiles, General motors have become a household name and an empire. It did so not only by
selecting the right brands and manufacturers to work with but by remaining innovative and creating
designs as rapidly as society develops. If you don't think of GM when thinking of the auto industry,
surely one of their many popular brands comes to mind. The general motors company is home to the
well–known brands Buick, Cadillac, Chevrolet, and GMC. Each brand has done more than enough
to have left its own imprint in the industry. Chevrolet was the primary reason the founder of General
Motors, William Durant, was able to return to his position after a previous financial downfall.
General motors used its success in the auto industry to branch out into another industry. In 2010,
GM acquired Americredit and turned it into The GM Financial. GM Financial provides financing for
vehicles as well as lending for other automotive dealers. This merger made for a seamless transition
for the company and a smart one since the vehicles provided are often times financed by outside
companies. General motors made headlines by selling the rights to finance company GMAC, which
was an extremely profitable portion of the company. General motors provide many products and
services used worldwide. The products most known are cars and trucks of course. There is a good
reason these products are well known
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Auto Zone Industry
Auto Zone's industry would be the aftermarket parts industry. This industry would include the
wholesale and retail sales of vehicle parts, tools, accessories, and fluids mainly for automotive use.
A wide array of stores sell these products either online or at their brick and mortar locations. Some
of stores include, Advance Auto Parts, O'Reilly's Auto Parts, NAPA, Wal–Mart and Amazon.
Another retailer that is often excluded when talking about auto parts sales is the local dealership's
parts department. From a cost center aspect, the parts department in a dealership is often one of the
three profit centers for a dealership. Those three profit centers are car sales (new and used, also
including finance products), body shop, and the parts department.
... Get more on HelpWriting.net ...
A Brief Note On The American Auto Industry
When a 25–year–old becomes pregnant, she needs to make some daunting decisions regarding her
lifestyle. One of those decisions is whether or not to replace her ten–year–old car. It has been
making some ominous rattling sounds and doesn 't like to go over hills. She 's always thought it had
"character", but are those quirks safe for her baby? How will she know what kind of vehicle she
needs for the lifestyle she is going to be living?
The American auto industry has managed to innovate along with the changing tides of American
culture. While each manufacturer went in a slightly different direction, they are all constantly
looking for new ways to get ahead of the market, new markets to sell in, and new and better ways to
manufacture their ... Show more content on Helpwriting.net ...
In the context of the 25–year–old mother, she may look for a vehicle that advertises the highest
crash–test safety rating. The decision by Ford Motor Company to reverse engineer the parts of their
competitors, led them to become a best–in–class vehicle, including safety ratings (Highfill 2004).
The
Duprey 2
Duprey 3 implementation of seat belt "click–it–or–ticket" laws ensure that each passenger is
utilizing the equipment in a way most conducive to the safety of the consumers.
Nature has been a slightly smaller priority in the history of the automobile. Even from the beginning
of production, manufacturing a car requires lead, platinum, rubber, iron, steel and many other
materials that must be converted into different useable car parts. Sutherland and Gunter (2004) state
that, "the material production and manufacturing stages contribute 14% of the consumed energy,
65% of the particulate emissions, 67% of the solid waste, and 94% of the metal waste to water" out
of the total environmental impact during the life of the car. Once in use, vehicles consume non–
renewable resources, causing pollution buildup in areas with high concentrations of people. Many
states require emissions inspections at the same time as the car–safety inspection, which occurs on a
yearly basis before drivers are permitted to re–register
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The United States Auto Industry
The United States Auto industry leads an innovation and the resounding success was inevitable.
According to the American of Global Automakers and the American International Automobile
Dealers Association, US auto industry continues creating a positive contribution in the economy.
America was known to begin their auto industry production in 1890s. With the help of other
automakers such as Japan, Europe and Korea, the auto industry in America boost the gross domestic
product of the country.
The international automakers invested more than $72 billion to capitalize 425 facilities and offices.
This created jobs for 123 thousand Americans with $9.3 billion and products purchased from US
suppliers for $104 billion to produce 5.3 million vehicles in which 46% of all US vehicle
production. There are nearly 10 thousand dealership franchises sold that employ more than 500
thousand American gaining $29 billion. Further, nearly 900 thousand US–built vehicles were
exported. These figures clearly shows that there has been a domino effect of success in the US auto
industry and it means that it is a great contributor to the US economy.
Global competition in the industry
The global completion in the auto industry was very minimal or should I say none at all. There are
different automakers like European, Japanese and Koreans that can be considered as competition
amongst these automakers but if we try to think of it, it is really not a huge battle. I think that the
competition in
... Get more on HelpWriting.net ...
A Brief Note On The American Auto Industry
The American Auto Industry has flourished since the early 1900s; it is one of the industries that
represents one of the largest segments within the U.S economy and forms the core of the nation's
industrial strength. Americans dominated the industry in the first half of the century. By the 1960s
the car market was flooded by the big three (Chrysler, Ford and General Motors) whose
manufacturing relied heavily on promotions and model changes to boost their sales (Foner & Gratty,
1991) However the blue print for the modern automobile was perfected by Germany and France in
the 1800s.
According to the Journal of cleaner production, (2016) the automobile sector is rapidly increasing its
market share worldwide in recent years. It is because of various business strategies by automobile
manufacturer such as more focus on small cars and fuel efficient cars having a low market price that
are targeted to capture the maximum market. But due to increasing market share of the automobile
sector there are several environmental issues arising such as carbon emission, global warming, etc.
In such a scenario, automobile manufacturers are facing dual pressure one, to save the environment
and another is to maintain the performance of the firm in the long run.
Political:
As of 2012 the Obama administration announced strict vehicle fuel efficiency standards requiring
that the U.S auto fleet average 54.5 miles per gallon by 2025 an uncontroversial move that, unlike
other administration energy
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American Auto Industry And The Environment Essay
American Auto Industry & The Environment
The American auto industry has faced several challenges in the recent years. GM was the world
leader in car sales for years. However in 2007, Toyota passed GM in market share to become the
automotive industry global leader. ("Toyota Passes General Motors to Become
World 's Top Auto Seller | Fox News", 2007) This was the start of issues for the American auto
industry. The start of the issues emerged with a sharp rise in gas prices. The rise of gas prices caused
the revenues of the American companies, who were heavily focused on trucks and
SUVs, to plummet. In addition, the high gas prices made consumer's focus shift to fuel efficient
cars. After years of poor sales, the federal government took over GM and Chrysler in March
2009. (Amadeo & Amadeo, 2016) Although gas prices fell, consumers continued to demand high
mpg cars and trucks. The most recent issues involve the environment. Global warming has created a
shift in global concern for the environment. This started the environmental issues for the auto
industry
Fuel Efficiency
In 1975, the United States government passed the Corporate Average Fuel Economy (CAFE).
The CAFE standard set fuel economy standards. In 2011, these standards were upgraded to force
automakers to improve fuel economy. The average fuel economy for cars must improve from the
current 27.5 mpg, where it has been since 1990, to 37.8 mpg by 2016. The truck standard has to rise
from 23.5 mpg to 28.8. ("How Automakers
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A Brief Note On The Auto Industry And The Automobile Industry
Two Tier Wages in the Auto Maker Industry Two–tiered wages in the automobile industry are a
result of agreements for a government bailout with the top three auto makers in the United States:
GM, Chrysler, and Ford. One of the major issues identified in the near fall of these major
automakers, aside from increase in gas prices and overall recessions, were the cost of labor. Hourly
wages and compensations were as high as $73 per hour for Ford, GM, and Chrysler despite low
overall low satisfactory and road–test ratings (Milkovich, Newman, and Gerhart, 2014) The two –
tiered wages would grandfather current employees to continue receiving the same pay; however,
new workers would receive about half the pay and compensations despite doing the same work
(Milkovich, Newman, and Gerhart, 2014). Additionally, the Chevrolet Sonic is outsourced to the
United Automobile Workers (UAW) for even cheaper labor costs than the Tier II GM workers.
These methods have reduced the average cost of labor for GM from $1160 per vehicle to $710.
Ultimately GM could be saving $72 million per year in labor costs alone as a result of the two–
tiered wages and outsourcing (Milkovich, Newman, and Gerhart, 2014). Ultimately, this has made
these companies more competitive in local and foreign markets (Armend and Zoia, 2011). Two–Tier
Wages Across the Border In 2008, Ford began building the Ford Fiesta in Cuautitlan Mexico, which
also adapted the two–tier pay system (Rubber and Plastics News, 2008).
... Get more on HelpWriting.net ...
U.s. Auto Parts Industry
 Despite recent growth, the U.S. motor–vehicle sector is still behind. Total U.S. motor–vehicle
sector sales in 2011 were 48.1 percent below sales in 2000 because of declining overall demand and
significant long–term loss of market share.  The U.S. auto–parts industry is particularly
vulnerable. The U.S. trade deficit in auto parts increased from $9.5 billion in 2000 to $31.2 billion in
2010. Exports support U.S. jobs, but imports displace production that would support domestic
employment; thus, on balance, trade deficits tend to increase unemployment (holding everything
else in the economy constant).  The U.S. auto–parts industry is threatened by Chinese practices.
Heavily subsidized auto parts from China caused the U.S. auto–parts ... Show more content on
Helpwriting.net ...
 For some states, auto–parts jobs are a significant share of overall employment. The 10 most
vulnerable states as measured by auto–parts employment as a share of total state employment in
2009 are Michigan (6.5 percent of total state employment), Indiana (4.8 percent), Ohio (3.7 percent),
Kentucky (3.3 percent), Tennessee (3.0 percent), Alabama (2.2 percent), South Carolina (1.9
percent), Illinois (1.7 percent), Wisconsin (1.6 percent), and North Carolina (1.4 percent). Objective
The purpose of proposal is to evaluate the correlation of the automobile industry, and the financial
(and unemployment) crisis in the United States. Literature Review Employment in the U.S. Auto–
Parts Industry The extent of employment in the U.S. auto manufacturing business is motivated by
demand for original equipment manufacturer (OEM) parts to equip car manufacturing factories in
the U.S. Due to the relative influence of the entire motor–vehicle division on the auto–parts industry
(Office of Transportation and Machinery 2011, 9), direct employment in the U.S. auto supply
business has dramatically decreased in the past few years, downturning 419,600 jobs (45.8 percent)
from November 2000 to November 2011 (Figure A). Direct employment in the U.S. auto–parts
industry
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American Auto Industry : Environmental Analysis
American Auto Industry
Environmental Analysis of the
American Auto Industry
Poitier Stringer
University of the People
American Auto Industry
1
Environmental Analysis of the American Auto Industry
The american auto industry is one of the country's most successful revenue producers and a
significant contributor to the strength of the US dollar. Although the auto industry did not begin in
America, it was american innovation that allowed for the development of automobile mass
production, when Henry Ford invented the first automobile assembly line (Highfield et. al.,
2004). Since then, the automobile has become a global necessity, making the auto industry one the
most stable and successful. Recent years have seen the rise of game changing ... Show more content
on Helpwriting.net ...
The three major US competitors are General Motors, Ford and Chrysler.
Regarding foreign competitors, some consumers have expressed a sentiment of increased reliability
regarding Japanese manufactured cars (Laturnus, 2009). In a series of surveys and tests conducted
by Consumer Reports, Honda was given the best rating for reliability. Followed by Toyota, Mazda,
and Subaru. It was also noted that Toyota models had a high used car
American Auto Industry
2
reliability. These are all very good reasons for consumers to buy a Japanese car as opposed to an
American car. However this survey does not reflect overall sentiment of the foreign auto industry.
For an example a negative viewpoint, we can look to the the German auto manufacturer,
Volkswagen. Volkswagen was recently caught rigging about 11 million vehicles worldwide to cheat
through emissions tests (Consumer Reports, 2015). Almost 500,000 of these vehicles were in the
US. While 66% of germans seem indifferent toward the company as a result of its actions.
The sentiment of american consumers, is more pronounced and reflected through an average price
drop of about 600 USD for Volkswagen vehicles (Mohr, 2015). Some consumers have expressed a
new distrust, not just of volkswagen or foreign manufacturers, but of the auto industry in general, as
a result of this scandal. This sentiment although
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Persuasive Speech : Foreign Auto Industry
My pulse seemed to match the thunder that accompanied the sound of my dads Chevy Chevelle
Sports Coupes with the big V–8 when he cranked the key. I remember feeling the pounding throb
vibrate through my little body and the throaty roar as we flew down back country roads. Back when
some cars were called muscle cars and emission regulations were just a passing thought. In my
opinion these were the good old days of the American automaker. A lot has happened since than,
foreign competition, advancement in technology, environmental regulation, and the reason there is
an industry, consumer opinions. Not all the changes have been bad, we have cars that can go close to
50 miles on a gallon of gas. Cars that drive like a dream and get us from 'A' to 'B' with more safety
features then my dad probably ever thought of. The environment of today's auto industry has
definitely change the way cars are made, sold and driven. Foreign auto manufacturers have been
increasingly biting into the American automaker's market share. In 2000 the big three enjoyed a
combined 68% of the American market share. With foreign auto companies able to produce fuel
efficient quality cars at lower cost, their cars penetrated the market reducing the big three's share of
the market to 35% by 2014 (Investopedia, 2015). Having been forced during the last few decades to
invest heavily in wages and benefits as demanded by the unions, American automakers were unable
to remain competitive in an ever
... Get more on HelpWriting.net ...
The Auto Industry In The 1930's
Automobiles developed greatly throughout the early 20th century, from being clunky awkward
things to drive to smooth easy to drive useful machines. The roaring 20's became time of growth and
development for the auto industry. (Miller–Wilson) Cars continued to become safer, cheaper, more
reliable, and more practical. Cars saw huge technological advancements throughout the 20's
including better safety, reliability, and therefore became more practical. Development continued
until the depression of 1929 hit. (1920's Automobiles) The crash of the stock market in 1929 led to
the Great Depression, which brought social and cultural changes that would have large impacts on
the auto industry. (Duchardt) The auto industry, despite the economic difficulties of the 1930's,
continued to thrive on innovation and necessity.
Automobiles began becoming somewhat popular in the early 1900's. The Ford Model T was the first
model aggressively market toward the average family. (Miller–Wilson) The Model T was the first
car that was reliable and easy to work on. Features such as the detachable cylinder head made it easy
to work on. (History.com Staff) The Model T was also very easy to drive due to its 2 speed planetary
transmission. (History.com Staff) Unfortunately, the Model T sold for $825 in 1908,which is ...
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The effects of the Depression were very evident soon after the crash when most of the auto
companies that began in the roaring 20's died. (Miller–Wilson) The remaining companies Ford, GM,
and Chrysler, otherwise know as the "Big Three," became dominant soon after the stock market
crash, and even these companies had to cut hours, wages, and lay off workers. (Duchardt) Of the
these three companies GM was dominant. GM offered more models than its rivals and kept up–to–
date with current technology. These companies would have to continue innovating and attracting
consumers to stay
... Get more on HelpWriting.net ...
The Economy Of The Us Auto Industry
The US Auto industry is facing the reality that new generations are not the same generations on
which they built their empires. As information and global awareness are more prevalent than ever
before, the consumer only wants to do what feels right to them, not what they have been told to
want, and statistic show that the things the new consumer is looking for above all, is the lower cost
of owning a car, followed fuel efficiency and how environmentally friendly it is.
After the boom of urban sprawled life with the baby boomers, that was maintained to a certain
degree by generation X, the car industry thrived, along with the housing prices, and sales, both
industries, housing and automobile, achieved their greatest heights together, and were similarly
affected when the Great Recession hit. Some have suggested that the automobile sector has
experienced the same bubble as the housing sector and that it will never return to boom conditions
again (Boudette and Shirouzu 2008). As the car industry is in the process of recuperation, and as it
climbs it is faced with the new reality of a changing demographics of its consumers.
Generation Y is now the prime target for the auto industry, they are also the largest potential
consumer market, and the auto industry has to work on getting this new generation interested in
their products. To achieve this goal, it is important that the industry acknowledge that the consumer
patterns are not the same. A global consciousness has developed in
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Essay On The Auto Industry
Canadian automobile makers and part suppliers are suffering due to the cost associated with
manufacturing within Canada. Directly employing 149,000 people in Canada, the assembly and
parts manufacturing industries play a significant role within the economy. Prior to 2005, numerous
factors combined to make Canada the perfect place for auto parts and assembly, including: "a weak
Canadian dollar, low inflation and interest rates, a well–educated work force, and a strong social
safety net provided by the government..." (Cadieux, 2005) Due to international competitiveness
within the auto industry and rising wages, production costs within Canada have soared higher than
their international counterparts. The union wage strikes are producing a rift ... Show more content on
Helpwriting.net ...
Without capitalizing on economies of scale, the new companies would have a challenging time
managing their expenses. In addition, it is a requirement that the entrant has a strong distribution
network if they plan to assemble their vehicles in cheaper, emerging markets. Industry regulations
and patents also threaten new entrants.
The bargaining power of buyers within the auto industry is relatively low when looking at the auto
assembly brands, as there is an excessive cost associated with switching from GM to Toyota, unless
consumers have leased their vehicles, but brand loyalty can be strong. The number of cars on
Canadian roads sat at 24,269,868 in 2016, so the market has a high volume of potential buyers.
(Statistics Canada, 2017)
Directly and indirectly, the auto industry in Canada employs massive amounts of Canadian citizens,
like workers in steel, plastic, and other manufacturing services, along with the individuals who work
within the auto parts assembly industry. To compound the extent of the auto industry, the spending
power of the auto workers' paycheques creates even more jobs. Due to the amount of jobs that hinge
on the auto industry, the Canadian government could be forced to act in support of the industry. The
fall of the industry could have catastrophic consequences that could ripple across the Canadian
economy, from east to west coast.
After the World Trade Organization annihilated the Auto Pact, an agreement between
... Get more on HelpWriting.net ...

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Environmental Challenges For The American Auto Industry

  • 1. Environmental Challenges For The American Auto Industry Environmental Challenges for the American Auto Industry This essay will analyze the current environmental challenges faced by the auto industry in the United States, focusing on its global competition, new technologies, environmental impacts and government reactions as well as opinions from consumers. Global competition in the industry According to Statista, over 742 million passenger cars are expected to be produced worldwide in 20151 . The world's largest automakers include General Motors and Ford, the Volkswagen Group, as well as the Toyota Motor Corporation, Honda and Nissan2 . Toyota, the world leader, sold around 10.08 million vehicles and its main markets are Japan and the U.S. In the United States, the Toyota Camry and the Toyota ... Show more content on Helpwriting.net ... Until 2030 doesn't come, cars in 2016 already have some autonomous functionalities, for example BMW's selfparking system4 . Another important technology is smart dashboards. Apple's CarPlay5 and Google's Android Auto6 are two of the big players in this new technology. Smart dashboards act just like smart phones where users can read text messages, make calls, navigate maps and play songs. Some of the new smart dashboards also come with a gesture control functionality where users may control their radio and Bluetooth systems just by waving his/her hand in the air7 . Finally one other recent and promising new tech is vehicle tracking. By tracking the driver's behavior, insurance companies expect to provide better rates to customers8 . Environmental impacts and government reaction Car emissions are becoming more and more on the spot lately. According to the Union of Concerned Scientists, the U.S. transportation sector produces nearly thirty percent of all US global warming emissions. Their study shows that cars and trucks together account for nearly one–fifth of all US emissions, emitting around 24 pounds of carbon dioxide and other globalwarming gases for every gallon of gas9 . Governments seem to be closely looking at this problem. In the United States, new cars are required to have an economy label posted on the window sticker and also must be certified to meet federal emission ... Get more on HelpWriting.net ...
  • 2.
  • 3.
  • 4.
  • 5. Opportunity In The Auto Industry Opportunity / Industry Overview The United States spends billions of dollars in the automotive industry to close the gap between vehicle over–production and the need for auto dealers to constantly grow sales in line with the over–production. Auto dealers operate in a "survival of the fittest" environment, which has led to a rise in the consolidation of auto dealerships. For the above reasons, spending in the auto sector in the United States is constantly increasing, as OEMs and auto dealers are continually trying to get an edge and outperform the competition. Target Audience The Company will focus on the 80% of auto dealers who are average or below–average performers who want to increase their sales and grow their business. The ... Show more content on Helpwriting.net ... Competitive Landscape Dealer Management Solutions Summary: One of the largest solutions of its kind in the United States is CDK. Advantage: These comprehensive solutions focus on ERP and financial controls. Disadvantage: Dealer management solutions are unwieldy, complex, and expensive. Salesforce Summary: This is often used as the CRM solution within dealerships. Advantage: Salesforce is probably the best known and leading sales management tool that has morphed into a CRM solution. Disadvantage: At its heart, Salesforce is a sales lead management tool and not CRM. Salesforce is a one–size–fits–all approach, unless the client pays for customization, which sends the subscription rocketing upwards. The product also does nothing for salesperson engagement and very little to fix broken processes for sales and performance. Dashboard and Insight Providers (Klipfolio) Advantage: Products like Kilpfolio can create different dashboards and visualizations. Disadvantage: Clients need to know what they want and how to manipulate the data for the program to be useful. The program can find broken processes, but not solutions. Net Promoter Products (Customer Gauge) Advantage: Net promoter score are widely adopted as a means of tracking loyalty, so net promoter products are the most comprehensive solution. Disadvantage: Not every expert believes net promoter score is the best way to track loyalty, and it does not help ... Get more on HelpWriting.net ...
  • 6.
  • 7.
  • 8.
  • 9. The American Auto Industry The American Auto Industry The American Auto Industry was once a shining example of the American Dream and the innovations of a growing industry. The 2009 recession tested the strength and morale of the industry and it has answered back with growth in the last few years. This paper will discuss the global competition, new technology, environmental impacts, consumer opinions and a SWOT analysis of the U.S. industry. In 2013, Detroit shined again, and combined came in higher than its global competitors. Research showed U.S. car companies held 46% of auto sales and this surpassed all the competition in Japan, Germany and Korea (Wood, 2014). Detroit automakers were nearly destroyed in 2009 when hit by a crippling recession. The American tax payers bailed the companies out and they have recently started to show the growth it takes to succeed and be number one. The recession has also forced the American auto industry to become more efficient and competitive. It has overall decreased the number of employees and reduced costs in other ways to protect the company's wellbeing and the taxpayer's investment. New technology and innovation are important roles in any industry attempting to succeed in the current market. Automakers have recently put effort toward low emission vehicles, lightweight materials, safety and assisted driving. The American consumers expect the latest technologies and safety features, and the automakers are tasked with efficiently and effectively providing ... Get more on HelpWriting.net ...
  • 10.
  • 11.
  • 12.
  • 13. American Auto Industry : The American Automobile Industry American Auto Industry The American Auto Industry began in the late 1800 's and grew to be one of the largest of it 's kind in the world. The industry also encompasses many global automobile and auto parts manufacturers across the country. Production rise and fall over the past decade has dropped the American Automobile Industry into the number two spot in the global market just behind China. The Big Three,comprised of General Motors, Ford Motor Company, and FCA US(formally known as Chrysler), were the primary owners of most of the manufacturing facilities in the United States. Competition in the automobile industry is hard to distinguish since most all of the major global automotive makers have and do produce their vehicles in U.S. ... Show more content on Helpwriting.net ... Working together, the "cobots" can help it 's human counterparts with tasks like lifting, assembling, painting and even seeing. " The laser and camera placing in an array on the robot wrist, are able to see exactly where to install the parts on the car body."(Bélanger–Barrette, 2016) Technology has made the assembly line flow faster and more efficient. Computer assistance in the auto industry doesn 't stop there. A car designer uses a program to design a concept for the car they want to make. That design is approved and sent to the next computer program which tells the machine all the information it needs to know to build the car. The assembly line is programmed to follow the directions and help humans produce the finished product. Computers are in every aspect of an automobile, from conception to production, all the way to computers helping you use the car and even driving the car for you. Cars come equipped with smart dashboards that respond like smart phones to read your texts to you, answer the phone for you, retrieving road maps and finding the best route to take on your destination, and playing music. Cars that drive themselves can remotely sense it surroundings, have laser range finders, and generate 3–D maps to navigate it 's environment. Also, stop–start technology, or Idle Start and Stop Systems helps with reduce fuel consumption by shutting the car off when the engine is idling. This is a ... Get more on HelpWriting.net ...
  • 14.
  • 15.
  • 16.
  • 17. Auto Industry : The American Automotive Industry There are many issues that are currently facing the American Automotive industry, especially in terms of environmental factors. The automotive industry has been around for a very long time, and is a relatively stable industry, but there are still areas where automotive companies need to adapt and if they fail to do so, they will be at a disadvantage against their peers, both here in America and also globally. In this essay I will break down a few of the issues that I believe are plaguing the American Automotive Industry. Since the 1960's there have been many government acts passed that aim to increase the safety of vehicles, and decrease the environmental effect that they have on the world (Automotive Industry Analysis, pg 1). It is no secret that car's emissions cause serious environmental issues with their pollution, and as this information has come out, there have been more and more Acts that place limits on automobile companies or force them to research ways to create more environmentally green cars. This need to create ecofriendly cars has meant that many American automobile companies have had to overhaul their processes; not only in investing money to find cleaner sources of energy and ways to fuel cars, but also because they have established protocol and procedures already that will also need to be overhauled. This is clearly a difficult demand for long established companies, many of which are American, because in order to keep up not only with the law but also with ... Get more on HelpWriting.net ...
  • 18.
  • 19.
  • 20.
  • 21. Auto Industry : The United States The auto industry has many challenges within the United States. As the market minimizes it becomes increasingly difficult for auto manufacturers to circumvent the economic downfall of the market. Newer technologies threaten the industry as consumers demand better fuel efficiency and are becoming more environmentally conscientious. With the ever involving consumer auto makers must drive sales in a creative manner than benefits all. The automotive industry had an extreme impact with the U.S. economy. It was shown that the overall sales topped 375 billion dollars. That 's not to mention that " each worker in the auto industry creates 7 jobs in another industry" (Automotive Industry Analysis, 2004). Automotive manufacturing was a significant driver to the economic growth of the United States. The industry accounted for 3.7% of the nation 's gross domestic product. Not only did economic stability have an effect when the auto industry was alive in the U.S, but technology was becoming more prevalent. Since the internet came into fruition it is common sense that everyone goes online to check out any information they want. With this technology potential consumers can navigate to any automotive dealers website and browse the available cars to get a better understanding of what they 're looking for. "88% of consumers went to a website before going to the dealership to test drive a car" (Automotive Industry Analysis, 2004). Since the need to go to the dealer has ... Get more on HelpWriting.net ...
  • 22.
  • 23.
  • 24.
  • 25. Challenges Facing The American Auto Industry The auto industry has faced many challenges in the past years. The competition is now stronger than ever, all car manufacturers have been competing to be the number 1 in the market. At the same time, the growing concern of Global Warming has force the industry to reinvent itself and find ways to be more sustainable. Equally important, is the yearly advances in innovation that had made it harder to keep new vehicles up–to–date on the latest technology. For all this reasons, the car industry struggles to maintain customer satisfaction. In this essay, I will touch each one of the points on the challenges facing the American auto industry. The first point is global competition. "Global competition resulted in less market share for U.S. car manufacturers and threatened company profits as more foreign brands entered the U.S. market" (Investopedia, 2015). The number one reason for this is the cost of manufacturing vehicles on American soil as labor is more expensive than manufacturing overseas. For this, operating costs are higher for American automakers than for foreign automakers. Ironically, American vehicles are seen as the cheaper, less reliable versions of their competition. There's also a sense of high status in European vehicles that their American counterpart haven't been able to reach as European cars are thought as the most luxurious cars on the market. The one American brand that has gained name recognition is Tesla. This brand is seen as more luxurious, sophisticated ... Get more on HelpWriting.net ...
  • 26.
  • 27.
  • 28.
  • 29. The American Auto Industry The American Auto Industry The American auto industry was once a shining example of the American Dream and the innovations of a growing industry. The 2009 recession tested the strength and morale of the industry and it has answered back with growth in the last few years. This paper will discuss the global competition, new technology, environmental impacts, consumer opinions and a SWOT analysis of the U.S. industry. In 2013, Detroit shined again, and combined came in higher than its global competitors. Research showed U.S. car companies held 46% of auto sales and this surpassed the competition in Japan, Germany and Korea (Wood, 2014). Detroit automakers were nearly destroyed in 2009 when hit by a crippling recession. The American tax payers bailed the companies out, and they have recently started to show the growth it takes to succeed and be number one. The recession has also forced the American auto industry to become more efficient and competitive. It has overall decreased the number of employees and reduced costs in other ways to protect the company's well–being and the taxpayer's investment. New technology and innovation are important roles in any industry attempting to succeed in the current market. Automakers have recently put effort toward low emission vehicles, lightweight materials, safety and assisted driving. The American consumers expect the latest technologies and safety features, and the automakers are tasked with efficiently and effectively providing this. ... Get more on HelpWriting.net ...
  • 30.
  • 31.
  • 32.
  • 33. General Motors And The U.s. Auto Industry Five Forces Analysis of General Motors and the U.S. Auto Industry Trinity Washington University Jessica Jackson I realize the responsibility involved in membership in the Trinity community. I agree to abide by the rules and regulations of this community. I also affirm my intentions to live according to the standards of honor, to which lying, stealing, and cheating are opposed. I will help others to maintain this responsibly in all matters essential to the common good of the community. Paper submitted to Dr. Stanley Nwoji in fulfillment of BADM 682 Strategic Management Fall 2014 Abstract This study examines General Motors Company (GM) and analyzes Michael E. Porter's Five Forces Model within the auto manufacturing industry. A SWOT analysis was conducted to compare GM's strengths, weaknesses, opportunities, and threats to the existing and potential competitors in the auto manufacturing industry. The research design is a case study and retrospective analysis of the historical and present day performance and strategies of General Motors. This study concludes GM remains a strategic company that applies effective strategies necessary for sustained competitive advantage, shareholder value, and superior performance. Keywords: auto industry, automobile industry, auto manufacturing, competitive forces, five forces model, GM, General Motors, General Motors Company, Michael E. Porter, SWOT analysis Case Study GM General Motors Company, also ... Get more on HelpWriting.net ...
  • 34.
  • 35.
  • 36.
  • 37. Impact of the Recession on the US Auto Industry Essay Introduction As the nation was introduced into the current recession, the auto industry and its labor was likely hurt more than any other industry. Few years ago it was the homebuilding industry that was troubled the most and held the first place, but it gave that position over to the auto industry the following year. Why was this industry affected more than any other is very interesting and complex situation. There are several factors why there was such a huge negative impact on this industry, its performance, and the labor involved. Some of the major reasons are very high foreign competition, higher oil prices, and certainly the recession. The Auto Industry In the United States, modern car manufacturing has been historically ... Show more content on Helpwriting.net ... Ford's F–Series experienced a 46% drop in sales for 2006 compared to 2007, making a once most wanted truck in the United States almost abandoned by the consumers. The second and the current recession that began in 2007 brought a new wave of impact on the auto industry. At the time banks were more flexible with approving loans and the interest rates were low which attracted a lot of consumers into the housing market. Since many of them were not able to afford it, eventually they turned to foreclosure leaving them with debt and no credit worthiness; thus, banks started raising the interest rates on auto loans. But foreign competition, higher oil prices, and higher interest rates were not enough to destabilize the auto industry on such a scale; it was the recession that shocked it the most. According to Martin B. Zimmerman, Chief Economist and Executive Director for Governmental Relations and Corporate Economics Ford Motor Co., it is the auto industry that depends on economic cycles more than any other industry. Drastic manufacturing cost cutting continued for the next two years until there was almost nothing more to reduce or lay–off. This downturn of the economy began a long lasting unemployment rise in Michigan that eventually reached 15.3%. In 2009, according to the Chicago Fed, there were more unemployed auto ... Get more on HelpWriting.net ...
  • 38.
  • 39.
  • 40.
  • 41. A Report On Australian Auto Manufacturing Industry Executive Summary– The Government of Australia granted $500 million every year to car manufacturing industry in Australia. Australian auto manufacturing industry confronts a genuine unverifiable future. In the present day, Australia produces just 225,000 engine vehicles. This is an industry that depends intensely on the economies of scale and it is of prime significance to accomplish costs competitiveness, in any case it is the present volume that is to a great degree disillusioning. This likewise controls interests in upgrading innovations in auto assembling, for example, propelled mechanical autonomy. With the verifiable ascent in the Australian dollar trade rates, the industry is experiencing focused weight as far as less expensive imports and fare competitiveness. Additionally there are a few protectionist arrangements in numerous noteworthy and vital export destinations that stand to hamper the export. For instance, in spite of the extremely fruitful Thailand–Australian Free exchange Agreement, the Thai Government forces a non–levy obligation. This makes the domain 's cost in Thailand extremely unappealing. Birth of Holden– The Holden name initially showed up in Australia in the 1850s with J A Holden 's calfskin and saddler business in Adelaide, South Australia. From 1885, the Holden and Frost Company repaired and delivered horse–drawn carriages and constructed its first uniquely designed auto body in 1914. In 1924, the organization was renamed Holden 's Motor Body ... Get more on HelpWriting.net ...
  • 42.
  • 43.
  • 44.
  • 45. Global Industry : The American Auto Industry Just like any other industry competing in the global arena for market space for their products, the American auto industry has faced and has had to grapple with many environmental challenges in its business endeavors. Over the years, it has not been business as usual nor a walk in the park for the American auto Industry. This has been due to the advent of global cut throat competition, the innovation race, collaborative strategies, and both local and international protocol regulatory framework demands such as emissions control, safety standards etc. The struggle for penetration and maintenance of foreign market shares has also tested the American auto industry`s mettle In 2013, an American auto industry report dubbed, ''Redefining the American Auto Industry" was compiled by the Association of Global Auto makers and the American International Auto dealers ` Association. The aim of the report was to establish and indicate how international or global auto makers were impacting the US economy in general. In 2013, international automakers in American produced more than 5 million vehicles across America which were sold in the US market with 800 000 of that number being exported to over 60 countries outside the United States. Global competition in the US auto industry and the presence of International Auto Makers in the US has also had positive spin–off effects with respect to great employment opportunities elsewhere within America. Every stage of car making represents an ... Get more on HelpWriting.net ...
  • 46.
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  • 49. Impact Of The Automobile Industry On The Auto Industry The automobile industry throughout the years has been a major player in the economic structures of society. The industry as a whole has contributed to all areas of micro, macro, and international economics in a way that not a whole lot of industries have. The automobile industry was not created overnight by a single inventor. Numerous companies have come and gone throughout the history of the automobile. Governments have bailed numerous corporations out, the industry has unemployment due to outsourcing, and the economic profits of this industry have major factors in decision making throughout an economic landscape. There have been numerous mergers and acquisitions over the years, to name a few: Studebaker and Packard in 1954, Daimler ... Show more content on Helpwriting.net ... "USA Today reports that there were roughly 210 million licensed drivers in the United States as of 2010."(ask.com) Most people have at least one car, but numerous people drive multiple cars making the consumer market for automobiles very lucrative if the certain automobile manufacturer can obtain any sort of brand loyalty. The automobile industry is led by four main powerhouses in the United States. As of May 2015, General Motors has a 17.7% market share, Ford has a 15.1% market share, Toyota has a 14.5% market share, and Chrysler has a 12.5% market share so far this year. Worldwide, these numbers vary, but General Motors and Toyota are the leading manufacturers by multiple percentage points. When analyzing any industry it is best to look at Porter's Five Forces of Competition model. In the automotive industry, there is not a whole lot of threat of new entrants to the industry. The industry has high entry barriers, which cause for new entrants to have a hard time competing with the bigger manufacturers. The economies of scale limit competition as well. There is really no threat of substitute products in the automobile industry either. An automobile provides convenience, independence, and a quicker way of getting to a destination. In some cities the threat of mass transit poses a little threat, but transit like New York, Boston, and Chicago are not readily available in rural America. There is a large amount of buyer power ... Get more on HelpWriting.net ...
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  • 53. Analysis Of The U.s. Auto Industry ANALYSIS OF THE U.S. AUTO INDUSTRY OVERVIEW OF THE INDUSTRY United States Auto Industry's presence in the International scene can be trace to 1896 when Henry Ford built the first car in America (Gale, 2003). He then revolutionized the industry with the invention of the assembly line. The assembly line allowed him to mass produce the cars making them more affordable to the consumers. Now local American manufacturers are General Motors (GM), Ford and Chrysler or FCA US. Currently brands like Acura, Aston Martin, Audi, Bentley, BMW, Bugatti, Ferrari, Fiat, Honda, Hyundai, Infiniti, Jaguar Land Rover, Kia, Lamborghini, Lexus, Lotus, Maserati, Mazda, McLaren, Mercedes–Benz, MINI, Mitsubishi, Nissan, Porsche, Rolls Royce, Smart, Subaru, ... Show more content on Helpwriting.net ... market share. (AIADA, 2015). Global competition in the industry According to the American International Automotive Dealers Association (AIADA) there are 16 major automakers competing in the U.S. A report by the Automotive News (2014) said that "the tight race for market share is 'the new normal' for the U.S. automotive market, and the battle for market share among the largest eight automakers in the U.S. is great now as the range between them continues to narrow". It said General Motors and Ford Motor Co. have continued to occupy the top two positions over the last 14 years, but their lead has narrowed significantly as Toyota moved into the 3rd position ahead of Chrysler, now called FCA US. Ranking them by Market Share this is how the top ten stood by the end 2013: General Motors (GM) 17.9%, Ford 15.9%, Toyota 14.3%, FCA US 11.5%, and Honda 9.8%, Nissan 8.0%, Hyundai 4.6%, VW 3.7%, Kia 3.4% and Subaru 2.7%. (AIADA, 2014) International automakers' share of U.S. vehicle sales continues to rise, now accounting for more than 59 percent of total industry sales. Last year's sales increased by 29 percent, which reached 7.5 million vehicles. (Global Automakers, 2015). Moreover, as new platform hubs grow, foreign auto suppliers may build new plants in the U.S. to serve them. Nine out of 10 of the world's largest automakers and 46 of the world's top 50 global automotive suppliers have opened R&D facilities in Michigan alone. New technology for powering ... Get more on HelpWriting.net ...
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  • 57. The Global Competition Of The Auto Industry Today I will attempt to address the following topics of Global Competition, New Industry Technology, the effect of emissions on the environment and government reactions to this and Industry specific Consumer opinions about the product in regards to the Auto Industry in America. Very seldom will you find a brand new car manufacturer in the world, only when there is complete change an innovation such as Tesla will you find an auto company able to develop and grow a new car as well as a new infrastructure for driving them. With that being stated, the Global competition in the automobile industry is both extremely competitive and cut–throat. New vehicle iterations are being created on an annual basis and each time a car is created, the consumer is requiring more options and more fuel economy, and whether its Ford, Chevy or GM that is building the vehicle, they must meet the demands of both customers in the United States and abroad. The brands such as Mercedes, Toyota, Honda and BMW don 't make it easy for any of the largest US–based automakers. More and more people from the United States want to feel like they are in a luxury vehicle and with powerhouse brands such as Mercedes and BMW creating more lower end vehicles, the automobile industry in the United States is finding it hard to keep their current customers loyal. The most challenging issue the United States Auto Industry is facing is one of how to power all of the vehicles that are being built and sold by the ... Get more on HelpWriting.net ...
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  • 61. The American Auto Industry : The United States THE AMERICAN AUTO INDUSTRY The American auto industry is one of the largest in the world, with fourteen major auto manufacturers (that produce a combined 55 brands) making the US home, including the big three; General Motors, Ford Motor Company and Chrysler. In 2010, the automotive industry was America's top exporter, generating over $100 billion in exports and producing nearly 8 million automobiles. Auto manufacturing is leading in innovation and technology with auto companies, occupying 8 positions of the world's top 25 spenders list for research and development. We now have driverless cars, Connected and Smart Cars that offer internet connectivity, can alert you if there are any problems with your vehicle, and speak to other cars. With the advancement of technology in the automotive industry, scholars have noted that carmakers are now heading the military and space industries in technological innovations. Congress' aim was for a third of the military's combat fleet to consist of autonomous vehicles by 2015, The New York Times reports the U.S. armed forces is lagging behind today's auto manufacturers. Even with all of the successes and advancements of the automotive industry, there are still very real environmental challenges that plague them; such as global competition in the industry, new technology for powering the product that this industry produces, the effect of emissions on the environment and government reactions and consumer opinions about the product the ... Get more on HelpWriting.net ...
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  • 65. The Impact Of American Auto Industry On The Domestic Industry American Auto Industry As cited by the Bureau of Labour Statistics, 'the automotive industry includes industries associated with the production, wholesaling, retailing & maintenance of motor vehicles'. This industry has had an immense impact on the domestic industry. Nevertheless, with the 2007– 2008 recession, new car sales decreased rapidly reflecting the overall decrease in consumer spending. Thereafter with the aid of government, in early February, 2012 the American Automotive Industry made a brisk recovery, making American automotive companies reign as the biggest & most profitable & it incrementally grew year after year. Competition After a self–satisfied period, American auto manufacturers encountered formidable competition from the Japanese (the most intense competitor, holding a combined U.S market share of approximately 25%) & German manufacturers. American market share was lost to these foreign brands as a result of better gas mileage, attractive design features & affordability provided by these foreign entities. Consequently, U.S car sales struggled in the European market while these foreign auto makers established production facilities & or expanded their already existing facilities (the Japanese manufacturers) in the U.S. Japanese manufacturers have instituted innovative productions by modifying U.S. manufacturing models, adapting & utilizing technology. Even so, the U.S. have merged with & established strategic commercial partnerships with other ... Get more on HelpWriting.net ...
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  • 69. Auto Industry Structure and Resources Automotive Industry – Competitive Structure and Resources WS3A7–Team 1– MBAo221 Indiana Wesleyan University ADM 534 An oligopoly is defined by Keat and Young (2009) as, "A market in which there is a small number of relatively large sellers." The auto industry is considered to be to an oligopoly because there are a large number of sellers, thus leaving the consumer only a certain number of companies from which to purchase an automobile. The major manufacturers include Ford, Chrysler, General Motors (GM), Toyota, and Renault/Nissan. According to Taylor (2012), profits are going to be derived from a handful of mega–companies in North America, Europe, and Asia. These companies include General Motors (GM), Ford, Toyota, ... Show more content on Helpwriting.net ... The front–line workers in manufacturing, production, and sales of the auto industry generally require minimal education and receive on–the–job skill training. These workers may have a high school diploma and great variance in skill level for manufacturing and sales. They will receive the training needed on the job and their wages will not greatly vary; therefore, the effect of changes in training and wages for those workers of the industry would be considered minimal in changes to the supply curve. For this group, advances in technology would have a greater impact. In reviewing the labor supply for the business segment of the automobile industry such as business management, engineering, and marketing, this is the population of the industry which must: understand and keep track of changing consumer demands, understand how to maximize opportunity for growth, how to forecast, how to market, and be innovative in design and features of automobiles as technology continues to advance and the market remains competitive. According to the Consumer Population Survey (CPS), in 2011 the U.S. Labor Force, age 25 and older, with only a high school education made up over three and a half million potential laborers; while in the same year, those unemployed with a college degree equated to around two million (Bureau of Labor Statistics, 2012). Therefore, the total ... Get more on HelpWriting.net ...
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  • 73. The American Auto Industry Essay The American Auto Industry has grown grammatically since the very early of the twentieth century. "Although the blueprint for the modern automobile was perfected in Germany and France in the late 1800s Americans dominated the industry in the first half of the twentieth century. Henry Ford innovated mass–production techniques that became standards with Ford, General Motors and Chrysler emergingas the "Big Three" auto companies by the 1920s, Foner – Garraty 1991." Even growing up with the fast speed but this industry also comes with the worst environment issues not only in the United States but also in the world. There are many environment problem come with American Auto Industry such as global competition in the industry, new technology for powering the product that this industry produces, the effect of emissions on the environment and government reactions to this, consumer opinions about the product your industry produces. First we are going to discuss about the global competition is one of the features of the America Auto Industry. As one of the earliest start with the automobile was happened in France and Germany very well. Later on, in the year of 1995 United State and Japan signed up for the trade agreement called Nauss 1995 to boost the ability of selling in products between two countries. This agreement brought a lof of jobs for people in 2 countries. Moreover, this moment creating the increase of the global competitions. "During the 1990s, Japan has produced some of ... Get more on HelpWriting.net ...
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  • 77. Auto Industry Bailout Essay The Macroeconomics of the Auto Industry Bailout [Type the author name] [Pick the date] The Auto Industry Bailout Detroit, Michigan grew up around the automobile industry. At its peak, Detroit was the fifth–largest city in the United States, becoming the home to over 1.8 million people by 1950 (Davey, Monica 2013). The prolific population was due greatly to the success of the auto industry in the city. At that time, Detroit was flying high, its name coined "The Motor City" (americaslibrary.gov), and automobiles greatly impacted commercialization. From transporting goods to hastening production, to selling parts, to manufacturing and selling new automobiles, the auto industry completely transformed Detroit. Things seemed ... Show more content on Helpwriting.net ... Bankruptcy discussions started immediately and centered on the prospect of Chapter 11 bankruptcy (Start Fresh Today 2012), commonly called restructuring. It was generally used to provide a window of opportunity for a corporation to renegotiate contracts, sell assets or component businesses for cash, obtain debt forgiveness, or otherwise reform itself as a viable business enterprise. On April 30, 2009, Chrysler filed for Chapter 11 bankruptcy after talks with lenders broke down (Start Fresh Today 2012). On the May 14, 2009 Chrysler announced it was to close 25% of its US dealerships as part of its restructuring process. Then, on June 1, 2009, General Motors filed for Chapter 11 bankruptcy after failing to successfully negotiate deals with bond holders (Start Fresh Today 2012). The purposes of the loans were to provide operating cash for G.M. and Chrysler, and keep car loans available to buyers. GM earned $23 billion in 2010 and has invested $8.1 billion in thirty four U.S. plants and created or retained more than 23,000 jobs since 2009 (Shepardson, David 2013). GM agreed to give the government warrants for common stock, preferred stock, and a promise to repay the loan in 2012. GM granted that union health–care benefits would be paid to retirees in 2010; they would sell the Saab, Saturn, and Hummer divisions of their company, and reduce employment from 96,000 to 45,000 in 2012 (Arnadeo 2013). Chrysler ... Get more on HelpWriting.net ...
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  • 81. Environmental Challenges Of The Auto Industry "The US auto industry directly employs 1.55 million Americans and impacting a total of 7.25 million US jobs, generates $500 billion in annual compensation." (1) With such a large industry looming in the economy, it is inevitable that it will face environmental challenges. Environmental challenges can be hard to control and are essential to the success of a company. The challenges that the auto industry must contend with are many and complex, such as; global competition, consumer opinions, and new technology, a difficult fight lies ahead. The globalization of the world has made business markets even more competitive. The auto industry in The United States has not escaped this. "Global competition resulted in less market share for U.S. car manufacturers and threatened company profits as more foreign brands entered the U.S. market. The total market share of General Motors fell from 28.2% in 2000 to 17.6% by 2014. The other two of the Big Three car manufacturers also lost U.S. market share during this same period. Ford fell from 24.1% to 14.7%. Fiat–owned Chrysler now holds only 12.7% after having 15.7% of the market in 2000." (2) It is undeniable that a global market has infiltrated the US auto industry. There are many factors that make a foreign car appealing to US consumers such as: new and unique products, brand appeal, new technology (fuel efficient engines), safety features, allegiance to birth country, product quality and reputation, reliability, cost, and the list goes ... Get more on HelpWriting.net ...
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  • 85. A Brief Note On The American Auto Industry In 1890 the American auto industry bloomed in the United States leading to hundreds of manufactures. Come 1920's there were three main auto manufactures known as the "big three" (2015, Wikipedia). Those three manufactures are Ford, General Motors and Chrysler. Global competition started to cut into the American auto market come the 1970s. The international auto market combined with oil prices and economic crisis continue to affect the American auto market. Overall the American auto industry has experienced steady and on occasion harsh drops in the US market while receiving some small gains, however, no gains have brought them back to the hay day they experienced between 1920s and 1950s. Political: One of the more recent effects politics has had on the American auto industry is in 2012 "General Motors and Chrysler both faced bankruptcy" (2012, Investopedia). In 2014 both companies filed for "...bankruptcy reorganization, and were bailed out with loans and investments from the Federal Government" (2015, Wikipedia). This is in direct contrast to their at home competitor Ford who holds financial resources to protect the company during financial hard times. Demographic: The demographics of the American auto industry has changed in recent years as global competitors have moved their manufacturing on local turf. There is a rise of seniors and youths preference of SUVs regardless of gas prices. In order to stay competitive with today's communication and other technologies ... Get more on HelpWriting.net ...
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  • 89. A Brief Note On The American Auto Industry The American Auto Industry is one of the leading car–making industries in the world. There are three major car manufacturers which are General Motors, Ford, and Chrysler. In the month of December of 2015 these three manufacturers had combined sales of close to 750,000 vehicles (Specter, Bennett, & Stoll, 2016). The industry made a lot of changes after the recession of 2008 (Specter, Bennet, & Stoll, 2016), but there are new challenges that they are facing. The companies face increasing competition when it comes to truck sales due to foreign competition. This matters because trucks are a very lucrative market for the domestic producers (Torque, 2015). Recently Nissan and Toyota introduced new full size pick–up trucks to compete in this segment. Hyundai, another Asian competitor, also is looking at introducing a truck into the U.S. market (Stoklosa, 2016). This is important to know for the American Auto Industry because selling cars is not creating a lot of profit for them (Torque, 2015). Another issue for the American market is the luxury vehicle market. The reason for this is that American luxury brands do not sell as well as their European and Asian competition (Wernle, 2015). Cadillac, General Motors' luxury brand, recently reacted to this by hiring Johan de Nysschen, to help turn their brand and sales around (Ulrich, 2015). This means that General Motors is actively working to beat the competition. The ongoing trade with China also influences the Automotive Industry in ... Get more on HelpWriting.net ...
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  • 93. Auto Parts Industry On the Road: U.S. Automotive Parts Industry Annual Assessment Office of Transportation and Machinery U.S. Department of Commerce 2011 Table of Contents Tables and Charts Index Executive Summary Introduction Automotive Parts Sector Definitions Overview of Market Conditions Economic Indicators 2 3 4 4 5 8 9 9 11 13 15 17 17 18 18 19 22 26 28 29 30 32 33 35 Automotive Parts Markets Original Equipment Aftermarket Remanufacturing Employment Trends Leading Industry Stories Visteon Bankruptcy Comes to an End Other Industry Developments Counterfeiting Alternative Fuels Advanced Technologies In–Vehicle Electronics, Engineering, Safety, and New Technologies International Developments and Trade China Japan South Korea ... Show more content on Helpwriting.net ... Still, automotive parts suppliers and automakers face another couple difficult years and most analysts don't see the automotive market improving significantly until 2012. International U.S. automotive parts exports increased 36.2 percent to $58.1 billion in 2010 compared to $42.7 billion in 2009. Most of the exports (84 percent) went to Canada, Mexico, European Union 151 (EU–15), and Japan in 2010. Automotive parts imports were $90.9 billion in 2010, up 44.3 percent from $63 billion in 2009. Mexico, Canada, Japan, Germany, and China combined accounted for $71 billion, or 78 percent of total U.S. imports of automotive parts. Specifically, imports from China increased 35 percent from 2009 to $10 billion in 2010. The overall U.S. automotive parts trade deficit in 2010 was $32.8 billion, up 61.3 percent from 2009 levels. The European Union 15 countries are Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, the United Kingdom, Austria, Finland, and Sweden. 1 International Trade Administration/Manufacturing and Services/Office of Transportation and Machinery Introduction Automotive parts consumption is linked to the demand for new vehicles, since roughly 70 percent of U.S. automotive parts production is for Original Equipment (OE) products. The remaining ... Get more on HelpWriting.net ...
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  • 97. A Brief Note On The American Auto Industry In as much as businesses are faced by challenges which occur within the working environment, they are also faced by environmental challenges which can determine the success or failure of the business. The American auto industry though viewed to be one of the top in the world; it faces its own challenges. Global COMPETITION in the industry: Global competition has expended in the auto industry because of an increase in global trade. This has resulted in the decline of sales in the American auto industry whilst sales in the Asian industry especially China has increased. In 2009 sales in the U.S. hit their lowest point meanwhile, it doubled in Asia generally, especially in China. (loc.gov. 2014). One of the reason for this decline in the American Auto sales is because the Japanese automakers have altered the U.S. manufacturing models and are selling it in the global market at a less expensive rate. The price and innovation is attracting a lot of customers' to this part of the world leaving the American industry to suffer. New technology for powering the product that this industry produces: The world's motor industry have all adapted and utilized technology to enhance production and increase product competition. General motors, America's number one motor company have developed a lot of interesting features in cars which have made their products highly sort after. They developed crash–test dummies which are used in testing of new cars for safety during an accident before ... Get more on HelpWriting.net ...
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  • 101. Impact Of The American Auto Industry On The Economy Several factors have affected how the American auto industry now positions itself on the world market, and big changes have been made to reflect this new direction. The introduction of new technologies in vehicles, the growing market for cars in new developing markets, the impact of the industry on the environment, legislative responses and demands, as well as the increased expectations from consumers, are some of the factors. More international cars are being designed, manufactured and bought by American consumers and exported to foreign markets today than those exclusively manufactured by American companies, redefining the American auto industry, while having a positive impact on its economy. International brands accounted for 45% of total sales in the U.S. in 2013 and have now risen to 59% of the market, and continue to grow. While the amount of American cars has decreased in the local U.S. market share to international ones, the increase of foreign car production on U.S. soil has had the effect of creating new jobs for Americans both in the auto industry as well as in related new industries. The industry has seen huge growth numbers in the last few years with more growth expected. The automotive industry is the 3rd largest worldwide in research and development with Ford and General Motors leading with billions in investments. The increased access to data and information has been significant, and new technologies have also ushered in a new era with electronics which now ... Get more on HelpWriting.net ...
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  • 105. General Motors And The Auto Industry Essay General Motors is one of the largest car manufacturing companies in the world. Best known for their automobiles, General motors have become a household name and an empire. It did so not only by selecting the right brands and manufacturers to work with but by remaining innovative and creating designs as rapidly as society develops. If you don't think of GM when thinking of the auto industry, surely one of their many popular brands comes to mind. The general motors company is home to the well–known brands Buick, Cadillac, Chevrolet, and GMC. Each brand has done more than enough to have left its own imprint in the industry. Chevrolet was the primary reason the founder of General Motors, William Durant, was able to return to his position after a previous financial downfall. General motors used its success in the auto industry to branch out into another industry. In 2010, GM acquired Americredit and turned it into The GM Financial. GM Financial provides financing for vehicles as well as lending for other automotive dealers. This merger made for a seamless transition for the company and a smart one since the vehicles provided are often times financed by outside companies. General motors made headlines by selling the rights to finance company GMAC, which was an extremely profitable portion of the company. General motors provide many products and services used worldwide. The products most known are cars and trucks of course. There is a good reason these products are well known ... Get more on HelpWriting.net ...
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  • 109. Auto Zone Industry Auto Zone's industry would be the aftermarket parts industry. This industry would include the wholesale and retail sales of vehicle parts, tools, accessories, and fluids mainly for automotive use. A wide array of stores sell these products either online or at their brick and mortar locations. Some of stores include, Advance Auto Parts, O'Reilly's Auto Parts, NAPA, Wal–Mart and Amazon. Another retailer that is often excluded when talking about auto parts sales is the local dealership's parts department. From a cost center aspect, the parts department in a dealership is often one of the three profit centers for a dealership. Those three profit centers are car sales (new and used, also including finance products), body shop, and the parts department. ... Get more on HelpWriting.net ...
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  • 113. A Brief Note On The American Auto Industry When a 25–year–old becomes pregnant, she needs to make some daunting decisions regarding her lifestyle. One of those decisions is whether or not to replace her ten–year–old car. It has been making some ominous rattling sounds and doesn 't like to go over hills. She 's always thought it had "character", but are those quirks safe for her baby? How will she know what kind of vehicle she needs for the lifestyle she is going to be living? The American auto industry has managed to innovate along with the changing tides of American culture. While each manufacturer went in a slightly different direction, they are all constantly looking for new ways to get ahead of the market, new markets to sell in, and new and better ways to manufacture their ... Show more content on Helpwriting.net ... In the context of the 25–year–old mother, she may look for a vehicle that advertises the highest crash–test safety rating. The decision by Ford Motor Company to reverse engineer the parts of their competitors, led them to become a best–in–class vehicle, including safety ratings (Highfill 2004). The Duprey 2 Duprey 3 implementation of seat belt "click–it–or–ticket" laws ensure that each passenger is utilizing the equipment in a way most conducive to the safety of the consumers. Nature has been a slightly smaller priority in the history of the automobile. Even from the beginning of production, manufacturing a car requires lead, platinum, rubber, iron, steel and many other materials that must be converted into different useable car parts. Sutherland and Gunter (2004) state that, "the material production and manufacturing stages contribute 14% of the consumed energy, 65% of the particulate emissions, 67% of the solid waste, and 94% of the metal waste to water" out of the total environmental impact during the life of the car. Once in use, vehicles consume non– renewable resources, causing pollution buildup in areas with high concentrations of people. Many states require emissions inspections at the same time as the car–safety inspection, which occurs on a yearly basis before drivers are permitted to re–register ... Get more on HelpWriting.net ...
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  • 117. The United States Auto Industry The United States Auto industry leads an innovation and the resounding success was inevitable. According to the American of Global Automakers and the American International Automobile Dealers Association, US auto industry continues creating a positive contribution in the economy. America was known to begin their auto industry production in 1890s. With the help of other automakers such as Japan, Europe and Korea, the auto industry in America boost the gross domestic product of the country. The international automakers invested more than $72 billion to capitalize 425 facilities and offices. This created jobs for 123 thousand Americans with $9.3 billion and products purchased from US suppliers for $104 billion to produce 5.3 million vehicles in which 46% of all US vehicle production. There are nearly 10 thousand dealership franchises sold that employ more than 500 thousand American gaining $29 billion. Further, nearly 900 thousand US–built vehicles were exported. These figures clearly shows that there has been a domino effect of success in the US auto industry and it means that it is a great contributor to the US economy. Global competition in the industry The global completion in the auto industry was very minimal or should I say none at all. There are different automakers like European, Japanese and Koreans that can be considered as competition amongst these automakers but if we try to think of it, it is really not a huge battle. I think that the competition in ... Get more on HelpWriting.net ...
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  • 121. A Brief Note On The American Auto Industry The American Auto Industry has flourished since the early 1900s; it is one of the industries that represents one of the largest segments within the U.S economy and forms the core of the nation's industrial strength. Americans dominated the industry in the first half of the century. By the 1960s the car market was flooded by the big three (Chrysler, Ford and General Motors) whose manufacturing relied heavily on promotions and model changes to boost their sales (Foner & Gratty, 1991) However the blue print for the modern automobile was perfected by Germany and France in the 1800s. According to the Journal of cleaner production, (2016) the automobile sector is rapidly increasing its market share worldwide in recent years. It is because of various business strategies by automobile manufacturer such as more focus on small cars and fuel efficient cars having a low market price that are targeted to capture the maximum market. But due to increasing market share of the automobile sector there are several environmental issues arising such as carbon emission, global warming, etc. In such a scenario, automobile manufacturers are facing dual pressure one, to save the environment and another is to maintain the performance of the firm in the long run. Political: As of 2012 the Obama administration announced strict vehicle fuel efficiency standards requiring that the U.S auto fleet average 54.5 miles per gallon by 2025 an uncontroversial move that, unlike other administration energy ... Get more on HelpWriting.net ...
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  • 125. American Auto Industry And The Environment Essay American Auto Industry & The Environment The American auto industry has faced several challenges in the recent years. GM was the world leader in car sales for years. However in 2007, Toyota passed GM in market share to become the automotive industry global leader. ("Toyota Passes General Motors to Become World 's Top Auto Seller | Fox News", 2007) This was the start of issues for the American auto industry. The start of the issues emerged with a sharp rise in gas prices. The rise of gas prices caused the revenues of the American companies, who were heavily focused on trucks and SUVs, to plummet. In addition, the high gas prices made consumer's focus shift to fuel efficient cars. After years of poor sales, the federal government took over GM and Chrysler in March 2009. (Amadeo & Amadeo, 2016) Although gas prices fell, consumers continued to demand high mpg cars and trucks. The most recent issues involve the environment. Global warming has created a shift in global concern for the environment. This started the environmental issues for the auto industry Fuel Efficiency In 1975, the United States government passed the Corporate Average Fuel Economy (CAFE). The CAFE standard set fuel economy standards. In 2011, these standards were upgraded to force automakers to improve fuel economy. The average fuel economy for cars must improve from the current 27.5 mpg, where it has been since 1990, to 37.8 mpg by 2016. The truck standard has to rise from 23.5 mpg to 28.8. ("How Automakers ... Get more on HelpWriting.net ...
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  • 129. A Brief Note On The Auto Industry And The Automobile Industry Two Tier Wages in the Auto Maker Industry Two–tiered wages in the automobile industry are a result of agreements for a government bailout with the top three auto makers in the United States: GM, Chrysler, and Ford. One of the major issues identified in the near fall of these major automakers, aside from increase in gas prices and overall recessions, were the cost of labor. Hourly wages and compensations were as high as $73 per hour for Ford, GM, and Chrysler despite low overall low satisfactory and road–test ratings (Milkovich, Newman, and Gerhart, 2014) The two – tiered wages would grandfather current employees to continue receiving the same pay; however, new workers would receive about half the pay and compensations despite doing the same work (Milkovich, Newman, and Gerhart, 2014). Additionally, the Chevrolet Sonic is outsourced to the United Automobile Workers (UAW) for even cheaper labor costs than the Tier II GM workers. These methods have reduced the average cost of labor for GM from $1160 per vehicle to $710. Ultimately GM could be saving $72 million per year in labor costs alone as a result of the two– tiered wages and outsourcing (Milkovich, Newman, and Gerhart, 2014). Ultimately, this has made these companies more competitive in local and foreign markets (Armend and Zoia, 2011). Two–Tier Wages Across the Border In 2008, Ford began building the Ford Fiesta in Cuautitlan Mexico, which also adapted the two–tier pay system (Rubber and Plastics News, 2008). ... Get more on HelpWriting.net ...
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  • 133. U.s. Auto Parts Industry  Despite recent growth, the U.S. motor–vehicle sector is still behind. Total U.S. motor–vehicle sector sales in 2011 were 48.1 percent below sales in 2000 because of declining overall demand and significant long–term loss of market share.  The U.S. auto–parts industry is particularly vulnerable. The U.S. trade deficit in auto parts increased from $9.5 billion in 2000 to $31.2 billion in 2010. Exports support U.S. jobs, but imports displace production that would support domestic employment; thus, on balance, trade deficits tend to increase unemployment (holding everything else in the economy constant).  The U.S. auto–parts industry is threatened by Chinese practices. Heavily subsidized auto parts from China caused the U.S. auto–parts ... Show more content on Helpwriting.net ...  For some states, auto–parts jobs are a significant share of overall employment. The 10 most vulnerable states as measured by auto–parts employment as a share of total state employment in 2009 are Michigan (6.5 percent of total state employment), Indiana (4.8 percent), Ohio (3.7 percent), Kentucky (3.3 percent), Tennessee (3.0 percent), Alabama (2.2 percent), South Carolina (1.9 percent), Illinois (1.7 percent), Wisconsin (1.6 percent), and North Carolina (1.4 percent). Objective The purpose of proposal is to evaluate the correlation of the automobile industry, and the financial (and unemployment) crisis in the United States. Literature Review Employment in the U.S. Auto– Parts Industry The extent of employment in the U.S. auto manufacturing business is motivated by demand for original equipment manufacturer (OEM) parts to equip car manufacturing factories in the U.S. Due to the relative influence of the entire motor–vehicle division on the auto–parts industry (Office of Transportation and Machinery 2011, 9), direct employment in the U.S. auto supply business has dramatically decreased in the past few years, downturning 419,600 jobs (45.8 percent) from November 2000 to November 2011 (Figure A). Direct employment in the U.S. auto–parts industry ... Get more on HelpWriting.net ...
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  • 137. American Auto Industry : Environmental Analysis American Auto Industry Environmental Analysis of the American Auto Industry Poitier Stringer University of the People American Auto Industry 1 Environmental Analysis of the American Auto Industry The american auto industry is one of the country's most successful revenue producers and a significant contributor to the strength of the US dollar. Although the auto industry did not begin in America, it was american innovation that allowed for the development of automobile mass production, when Henry Ford invented the first automobile assembly line (Highfield et. al., 2004). Since then, the automobile has become a global necessity, making the auto industry one the most stable and successful. Recent years have seen the rise of game changing ... Show more content on Helpwriting.net ... The three major US competitors are General Motors, Ford and Chrysler. Regarding foreign competitors, some consumers have expressed a sentiment of increased reliability regarding Japanese manufactured cars (Laturnus, 2009). In a series of surveys and tests conducted by Consumer Reports, Honda was given the best rating for reliability. Followed by Toyota, Mazda, and Subaru. It was also noted that Toyota models had a high used car American Auto Industry 2 reliability. These are all very good reasons for consumers to buy a Japanese car as opposed to an American car. However this survey does not reflect overall sentiment of the foreign auto industry. For an example a negative viewpoint, we can look to the the German auto manufacturer, Volkswagen. Volkswagen was recently caught rigging about 11 million vehicles worldwide to cheat through emissions tests (Consumer Reports, 2015). Almost 500,000 of these vehicles were in the US. While 66% of germans seem indifferent toward the company as a result of its actions. The sentiment of american consumers, is more pronounced and reflected through an average price drop of about 600 USD for Volkswagen vehicles (Mohr, 2015). Some consumers have expressed a new distrust, not just of volkswagen or foreign manufacturers, but of the auto industry in general, as a result of this scandal. This sentiment although ... Get more on HelpWriting.net ...
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  • 141. Persuasive Speech : Foreign Auto Industry My pulse seemed to match the thunder that accompanied the sound of my dads Chevy Chevelle Sports Coupes with the big V–8 when he cranked the key. I remember feeling the pounding throb vibrate through my little body and the throaty roar as we flew down back country roads. Back when some cars were called muscle cars and emission regulations were just a passing thought. In my opinion these were the good old days of the American automaker. A lot has happened since than, foreign competition, advancement in technology, environmental regulation, and the reason there is an industry, consumer opinions. Not all the changes have been bad, we have cars that can go close to 50 miles on a gallon of gas. Cars that drive like a dream and get us from 'A' to 'B' with more safety features then my dad probably ever thought of. The environment of today's auto industry has definitely change the way cars are made, sold and driven. Foreign auto manufacturers have been increasingly biting into the American automaker's market share. In 2000 the big three enjoyed a combined 68% of the American market share. With foreign auto companies able to produce fuel efficient quality cars at lower cost, their cars penetrated the market reducing the big three's share of the market to 35% by 2014 (Investopedia, 2015). Having been forced during the last few decades to invest heavily in wages and benefits as demanded by the unions, American automakers were unable to remain competitive in an ever ... Get more on HelpWriting.net ...
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  • 145. The Auto Industry In The 1930's Automobiles developed greatly throughout the early 20th century, from being clunky awkward things to drive to smooth easy to drive useful machines. The roaring 20's became time of growth and development for the auto industry. (Miller–Wilson) Cars continued to become safer, cheaper, more reliable, and more practical. Cars saw huge technological advancements throughout the 20's including better safety, reliability, and therefore became more practical. Development continued until the depression of 1929 hit. (1920's Automobiles) The crash of the stock market in 1929 led to the Great Depression, which brought social and cultural changes that would have large impacts on the auto industry. (Duchardt) The auto industry, despite the economic difficulties of the 1930's, continued to thrive on innovation and necessity. Automobiles began becoming somewhat popular in the early 1900's. The Ford Model T was the first model aggressively market toward the average family. (Miller–Wilson) The Model T was the first car that was reliable and easy to work on. Features such as the detachable cylinder head made it easy to work on. (History.com Staff) The Model T was also very easy to drive due to its 2 speed planetary transmission. (History.com Staff) Unfortunately, the Model T sold for $825 in 1908,which is ... Show more content on Helpwriting.net ... The effects of the Depression were very evident soon after the crash when most of the auto companies that began in the roaring 20's died. (Miller–Wilson) The remaining companies Ford, GM, and Chrysler, otherwise know as the "Big Three," became dominant soon after the stock market crash, and even these companies had to cut hours, wages, and lay off workers. (Duchardt) Of the these three companies GM was dominant. GM offered more models than its rivals and kept up–to– date with current technology. These companies would have to continue innovating and attracting consumers to stay ... Get more on HelpWriting.net ...
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  • 149. The Economy Of The Us Auto Industry The US Auto industry is facing the reality that new generations are not the same generations on which they built their empires. As information and global awareness are more prevalent than ever before, the consumer only wants to do what feels right to them, not what they have been told to want, and statistic show that the things the new consumer is looking for above all, is the lower cost of owning a car, followed fuel efficiency and how environmentally friendly it is. After the boom of urban sprawled life with the baby boomers, that was maintained to a certain degree by generation X, the car industry thrived, along with the housing prices, and sales, both industries, housing and automobile, achieved their greatest heights together, and were similarly affected when the Great Recession hit. Some have suggested that the automobile sector has experienced the same bubble as the housing sector and that it will never return to boom conditions again (Boudette and Shirouzu 2008). As the car industry is in the process of recuperation, and as it climbs it is faced with the new reality of a changing demographics of its consumers. Generation Y is now the prime target for the auto industry, they are also the largest potential consumer market, and the auto industry has to work on getting this new generation interested in their products. To achieve this goal, it is important that the industry acknowledge that the consumer patterns are not the same. A global consciousness has developed in ... Get more on HelpWriting.net ...
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  • 153. Essay On The Auto Industry Canadian automobile makers and part suppliers are suffering due to the cost associated with manufacturing within Canada. Directly employing 149,000 people in Canada, the assembly and parts manufacturing industries play a significant role within the economy. Prior to 2005, numerous factors combined to make Canada the perfect place for auto parts and assembly, including: "a weak Canadian dollar, low inflation and interest rates, a well–educated work force, and a strong social safety net provided by the government..." (Cadieux, 2005) Due to international competitiveness within the auto industry and rising wages, production costs within Canada have soared higher than their international counterparts. The union wage strikes are producing a rift ... Show more content on Helpwriting.net ... Without capitalizing on economies of scale, the new companies would have a challenging time managing their expenses. In addition, it is a requirement that the entrant has a strong distribution network if they plan to assemble their vehicles in cheaper, emerging markets. Industry regulations and patents also threaten new entrants. The bargaining power of buyers within the auto industry is relatively low when looking at the auto assembly brands, as there is an excessive cost associated with switching from GM to Toyota, unless consumers have leased their vehicles, but brand loyalty can be strong. The number of cars on Canadian roads sat at 24,269,868 in 2016, so the market has a high volume of potential buyers. (Statistics Canada, 2017) Directly and indirectly, the auto industry in Canada employs massive amounts of Canadian citizens, like workers in steel, plastic, and other manufacturing services, along with the individuals who work within the auto parts assembly industry. To compound the extent of the auto industry, the spending power of the auto workers' paycheques creates even more jobs. Due to the amount of jobs that hinge on the auto industry, the Canadian government could be forced to act in support of the industry. The fall of the industry could have catastrophic consequences that could ripple across the Canadian economy, from east to west coast. After the World Trade Organization annihilated the Auto Pact, an agreement between ... Get more on HelpWriting.net ...