The Auto Industry of Today

Essay specific features

 

Issue:

Business

 

Written by:

Thomas A

 

Date added:

July 25, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

9 / 2256

 

Was viewed:

6636 times

 

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Essay content:

There are more than 400 million passenger cars alone on the roads today. During the early part of the twentieth century, the United States was home to more than 90 percent of the world's automotive industry, but has shrunk to about 20 percent in today's world (Tardiff 394). This drastic change has occurred by the booming economies in such nations as Japan, Germany, Canada, France, Italy, and other nations...
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This drastic change has occurred by the booming economies in such nations as Japan, Germany, Canada, France, Italy, and other nations. The US auto industry "sales totaled $205 billion, or 3.3 percent of the total Gross Domestic Product" (Tardiff 394). By the end of 19th century, there were about 500 auto manufacturers, but that number dropped sharply to 23 by 1917, and today the Big Three dominant the market...
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