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The American Auto Industry Before The Great Recession

619 Words3 Pages

American auto industry takes the lead in the auto industry around the world. The basic reason for this is the incorporation of many companies General Motors, Ford Motor Company, Daimler
Chrysler, BMW, Volkswagen, Volvo, Toyota, Mazda, and Nissan Motor Company which make them takeover the world. Their basic motto is "were to work together on public policy matters of common interest to provide credible industry information and data, and seek consistent global regulatory standards (Gale, 2004)".
The Toyota company was one of the biggest competitors globally before the Great Recession which affected the whole economy.
Also the competition of the Asian market Hyundai Motor Company, one of the best company which is improved their industry through the years …show more content…

In addition, DaimlerChrysler is currently a leader in hydrogen fuel cell technology.
Also "General Motors has made advances in the E-Business strategy and technology for the Asian automotive industry, and turned this threat into an opportunity". Taking advantage of this opportunities makes General Motors company number one in auto industry.
The effect of emissions on the environment and government reactions to this: Veihcle emissions increased prevalence of a wide variety of illnesses including asthma, chronic bronchitis, emphysema, pneumonia and heart disease.
Also the emissions contribute to the formulation of smog. Nitrogen oxides(NOx) irritate

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