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Essay

The Auto Industry

Essay specific features

 

Issue:

Business

 

Written by:

Winona Z

 

Date added:

December 21, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 827

 

Was viewed:

6116 times

 

Rating of current essay:

 
Essay content:

Competition is a major factor that takes a toll on the auto industry. In America the car making market is driven by what's known as the "Big Three:" Investopedia.com says, "The profits (and losses) of the big 3 are thought to be an indicator of the overall US economy" · General Motors - produces Chevrolet, Pontiac, Oldsmobile, Buick, and Cadillac...
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· Daimler Chrysler - Chrysler, Mercedes, Jeep, and Dodge. · Ford Motor Co. - Ford, Lincoln, Volvo, and Jaguar. However, Two of the biggest foreign car manufacturers are: · Toyota Motor Co. · Honda Motor Co. Mr. Michael E. Porter identified 5 competitive aspects that shape all industries in his book called "Techniques for Analyzing Industries and Competitors" The below 5 forces by Porter show the relationship between the various competitive forces: Porter's 5 Forces Analysis 1...
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