Automotive Industry/ Economic Theory

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Issue:

Miscellaneous

 

Written by:

Frances O

 

Date added:

August 20, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2020

 

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7588 times

 

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This movement is in effort to reduce manufacturing costs of domestic vehicles in order to stay competitive with foreign manufactures. By reducing manufacturing costs, domestic manufactures are seeking ways to reduce the cost of their vehicles in order to improve sales. (National Environmental Trust [NET], n...
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By reducing manufacturing costs, domestic manufactures are seeking ways to reduce the cost of their vehicles in order to improve sales. (National Environmental Trust [NET], n.d., pg. 5) One of the main strategies to reduce costs of the domestic automobiles, manufacturers of component parts are relocating their manufacturing sites to countries such as Canada, Mexico, India, China and the Philippines to reduce the costs of these components...
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