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Essay

Auto industry analysis

Essay specific features

 

Issue:

Business

 

Written by:

Mark B

 

Date added:

September 12, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 549

 

Was viewed:

8644 times

 

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Essay content:

light vehicle sales. However this number has become increasingly less concentrated over the past few years. International markets are much more fragmented than U.S. markets as countires like India and China have taken a serious stake in Asian sales with their cheap and efficient vehicles by China’s “Chery” and India’s “Tata” which are currently the two fastest growing car companies in the world...
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As global free trade has become cheaper and less restrictive, competition among the world’s automakers has become fierce. The biggest gainers in this new playing field are the countries that have the lowest production costs and least restrictive government regulations. The losers have clearly been the once-dominant American automakers that have been caught off-guard by their rising production costs and fierce competition from abroad...
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