Assignment Unit 5
America has been always known as a leader in the automotive industry in the world having 13 auto manufacturers like Honda, General Motors, Ford, Chrysler and others like
Toyota, Nissan, Hyundai-Kia, BMW, Mercedes-Benz, Mazda, Mitsubishi, and Subaruall have U.S. manufacturing facilities. These companies and organizations that make up the automotive industry are responsible of manufacturing, development, marketing, selling of motor vehicles like cars, vans, trucks, buses…
Today, the automotive industry is facing some environmental and economic challenges and issues in the U.S. . . .The globalization of the automotive industry, had increased specially in the 1990's due to the construction of important overseas facilities and …show more content…
As, since its existence it created a fear in the American market through its lower budget manufacturing that lead to some factory closures and loss of jobs in the U.S big discounts and budgets cuts and also due to the recession that occurred in 2007-2008, new car sales declined precipitously, reflecting the overall decrease in consumer spending
(Davis, 2012) the reason why Companies and dealers are balancing competing priorities in order to make sure to maintain compliance while adding value. Some new researchers also found that globalization will have a good impact on the industry as it will be able to come up with better design and quality as they can do it and manufacture it while getting the best from anywhere and get its part from anywhere and supply it everywhere.
New technology for powering the auto industry has been producing in response to innovations in auto-making techniques like fuel cells, navigational systems that manage congestion problems, and “telematics” (telecommunications capabilities) and the Internet and web communication techniques that should be able to make a difference in