StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Development of automobile industry in the united states - Research Paper Example

Comments (0) Cite this document
Summary
They produced an average of eight million passenger vehicles annually during 2008 to 2012. Moreover, U.S. assembly plants are contributing to the production of every…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
Development of automobile industry in the united states
Read TextPreview

Extract of sample "Development of automobile industry in the united states"

Download file to see previous pages May 2011 brought Volkswagen’s manufacturing plant to America. In addition to manufacturing plants, several manufacturers have opened transmission and engine plants that are working in research and development, design, and testing in the United States. The whole automotive industry and dealership amounts to nearly 3.5 percent Gross Domestic Products (GDP) of the United States. By the end of 2012, auto manufacturers and related industries directly employed 786,000 people (SelectUSA). In addition to manufacturers, there is an extensive network of auto parts suppliers who produced $225.2 billion (4 percent of U.S. manufacturing) in shipments during 2012. According to the study conducted by Motor & Equipment Manufacturers Association and Information Handling Services, overall automobile industry’s direct employment generation was 3.62 million while indirect influence was the creation of jobs and economic wellbeing in comparison to any other sector (SelectUSA). This research paper examines U.S. automobile industry, its history and development, and finds that it the backbone of manufacturing industry, therefore, plays a vital role in strengthening American economy.
During 1900 and 1930, Detroit experienced record growth in comparison to any other city in the United States. The reason behind this unparalleled growth was concentration of auto industry around Detroit, which became the largest industry in the U.S. by 1929(Davis ix). The number of auto firms grew in a gradual manner from 1895 to 1907, reaching at its peak at 82 in 1907. For the next three years, the number of entrants remained high, but after that it dropped sharply. With an average number of 15 firms every year from 1911 to 1922, it fell to only 15 firms from 1923 to 1966. After a few early years, the auto industry’s exit rate was more than 10 percent; moreover, by the year 1910, the number of exit was more than the number of entries. Excluding the two year period from ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Development of automobile industry in the united states Research Paper”, n.d.)
Development of automobile industry in the united states Research Paper. Retrieved from https://studentshare.org/english/1665916-development-of-automobile-industry-in-the-united-states
(Development of Automobile Industry in the United States Research Paper)
Development of Automobile Industry in the United States Research Paper. https://studentshare.org/english/1665916-development-of-automobile-industry-in-the-united-states.
“Development of Automobile Industry in the United States Research Paper”, n.d. https://studentshare.org/english/1665916-development-of-automobile-industry-in-the-united-states.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Development of automobile industry in the united states

Industry and the united states

... greatly benefited from government incentives at the expense of the black population (Wythe 11). Industry and Population Growth The entrance of industries saw a sharp increase in population growth in the United States. The population in the United States by the end of 2011 stood at 312, 000,000, almost ten times compared to their population in the beginning of the 19th Century (Greenberg, 31). This is largely because the birth of industries altered medicine and living standards of people when the death rate and the infant mortality rate was greatly reduced. Most health facilities and modern health programs were developed due to industrialization in the United States. The pharmacist could develop and produced advanced drugs, which enhanced...
6 Pages(1500 words)Essay

Pharmaceutical Industry in United States

...?Contents Executive Summary 2 Introduction to the Pharmaceutical Industry in United s 3 Introduction to retail business in America 4 Ratio analysis 6 Profitability Ratios 7 Efficiency and Liquidity ratios 9 Gearing Ratios 11 Comparison with competitor 11 Executive Summary Johnson & Johnson and its subsidiaries (the Company) have approximately 127,600 employees worldwide engaged in the research and development, manufacture and sale of a broad range of products in the health care field. The Company conducts business in virtually all countries of the world with the primary focus on products related to human health and well-being. The paper presents the financial ratio analysis of Johnson & Johnson for the past three financial years...
6 Pages(1500 words)Assignment

Better Place Automobile Industry

Transformation of the automobile industry was massive projects and has remain a massive project that also requires an effective business model that transforms the automobile business itself and the personal transformation including transformation of the mindset of the consumers (Etzion and Struben, 2011; Pg. 06). Moreover, it has remained the responsibility of the stakeholders especially the company marketing team to ensure that the technology is accepted and adopted globally by increasing the market place of the product. Notably, in the year 2005, there was a stakeholder meeting that met over the question on how to make the world a better place by the year 2020. At this point, different stakeholders had already armed themselves...
8 Pages(2000 words)Essay

The UK Automobile Industry

Research and development along the years led to the opening and closing of many plants in the UK.
The world's leading vehicle and automotive component companies have long seen the United Kingdom as being an important location for manufacturing. The industry is one that is a strong combination of heritage and change.
The automotive industry in UK contributes around 10 billion GBP annually toward the economy, with 210,000 people employed in the design and manufacturing of vehicles and components and a further of 570,000 in the supply, service and repair segment in the Automotive Industry making the UK automobile industry a major contributor to the economy.
In 2006, 1,442,085 cars were produced, 77 percent of which were...
15 Pages(3750 words)Essay

Automobile Industry

Then Mr. Henry Ford came up with an idea of Car for Every one. With this idea he laid down the foundation of Ford Motor Company and start manufacturing cars at a large scale to reduce price, what we call mass production. New players also entered the market with different products than that of Ford like Mercedes, BMW, and GM.
Automobile industry is facing immense competition these days which has shifted manufacturers' concern to reduce their cost. A right balance of input and outputs can give manufacturers the edge which will be helpful for them to increase their sales and their profit margins. All this happens due to the customers' better access to knowledge. These days the customers are better informed compared to the previo...
9 Pages(2250 words)Research Paper

United States Automobile Industry

...Running Head: US AUTOMOBILE INDUSTRY United s Automobile Industry of the of the United s Automobile Industry Introduction The US automobile segment is a huge industry producing durable consumer goods and using a nationally oriented advertising strategy to market its product. The auto industry is one of the most influential segments in the US economy, providing a substantial fraction of the national employment and having a major impact on GDP. Considering all the intermediate products used in auto construction and distribution (rubber, machine tools, trucking, etc.), the total impact of the automobile industry goes far beyond the direct impact. Automobiles are durable experience goods that sell for a fairly high price. Consequently...
14 Pages(3500 words)Essay

Development and business potential of automobile industry

...DOING BUSINESS IN CHINA: DEVELOPMENT AND BUSINESS POTENTIAL OF AUTOMOBILE INDUSTRY Table of Contents Table of Contents 1 Introduction 2 Current Situation of Chinese Automobile industry 2 Factors influencing the growth and development of firms in Chinese Automobile industry: 6 Probable market opportunities in Chinese Automobile industry: 9 Conclusion 11 Reference List 12 Introduction The Chinese automobile industry is one of the most diversified yet compact industries of the world. In comparison to the global automobile region, China has developed high standards of performance for its automobile segment. Since 2008, China has topped the charts for being the highest producer of automobile units and has crossed European Union, USA...
10 Pages(2500 words)Essay

Development of the United States

Wood points out that some of this opposition may have been calculated to dispel any doubts the might have been over his commitment to the cause of independence. Genuine or otherwise, Franklin’s dedication and criticism of the British soon laid rumors of his being a spy to rest.
Wood underlines how personally involved Franklin was in the cause. He had been blocked from playing an important role in the Empire by British officials and this treatment had led to bitterness and resentment. He, therefore, took any British attacks on America as a personal attack on himself. It is for these reasons that Franklin had abandoned hopes of negotiating with England long before his fellow countrymen. Although he maintained close friends...
6 Pages(1500 words)Assignment

Automobile Industry

... by 12% per annum and “the present figure of 1.89 million units to reach 3.75 million units by 2014” (Tamil Nadu Industrial Guidance & Export Promotion Bureau, 2010). Increasing demand for cars and other vehicles has made this market very lucrative to foreign players. Car manufacturers are required to identify the potential market for organisational growth. Conclusion This paper attempts to provide a comprehensive study on global automobile sector. PESTLE analysis discloses that macro-environmental factors play a very crucial role in the development of this industry. Porter’s five forces have revealed that despite high competition, profitability in automobile sector is also high because of increased demand. Technological development...
6 Pages(1500 words)Assignment

The United States Automobile Industry

...United States Automobile Industry Introduction The US automobile segment is a huge industry producing durable consumer goods and using a nationally oriented advertising strategy to market its product. The auto industry is one of the most influential segments in the US economy, providing a substantial fraction of the national employment and having a major impact on GDP. Considering all the intermediate products used in auto construction and distribution (rubber, machine tools, trucking, etc.), the total impact of the automobile industry goes far beyond the direct impact. Automobiles are durable experience goods that sell for a fairly high price. Consequently, as the purchase of a car constitutes a large investment for the average...
10 Pages(2500 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Development of automobile industry in the united states for FREE!

Contact Us