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.
Nobody downloaded yet

Critical challenges faced by automobile industry - Essay Example

Comments (0)
The automobile industry is facing several critical challenges in the near future in terms of the economic and social forces that are driving the automobile market. The ways in which these challenges are met will determine whether the firm will be a success or failure…
Download full paper
Critical challenges faced by automobile industry
Read TextPreview

Extract of sample
Critical challenges faced by automobile industry

Download file to see previous pages... Alternative fuels will also play a big part in increasing the market share in the near future. The present low cost of oil will not be permanent and the public is poised to demand more environmentally friendly automobiles. Electric cars and lithium ion batteries will be a major contributor to this demand. This will create a new market as people are given an incentive to trade up to the newest technology available.
However, among the bright spots in the industry are some substantial warning signs. The large number of employees has made employee safety an issue and could be a significant added labor expense in the coming years, which will severely limit profitability. In addition, product safety groups will continue to lobby for safer vehicles that could add additional costs to manufacturing. Finally, the economic health of the Big Three is an unknown factor and will remain so until the US Congress acts and the automakers make concrete plans for their future viability. The industry must be prepared to offer a vehicle that the consumer wants to purchase. This is a considerable obstacle and any action regarding investments must consider this major drawback. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
US Automobile Industry Analysis
US Automobile Industry Analysis This report analyzes the automobile industry in general, and considers a specific case of Honda Motor Company. The automobile industry, according to a 2007 census, consists of 174 companies, which employ 64,436 people (US Census Bureau, 1).
3 Pages(750 words)Essay
Challenges Faced by the UK Construction Industry Today
As the paper stresses there are significant challenges and opportunities facing the construction industry in United Kingdom, thereby requiring new ways of approaching the designs, buildings and operations for maintaining the infrastructure facilitating construction. There has been an increase in the global warming.
6 Pages(1500 words)Essay
Better Place Automobile Industry
The move of Better Place was considered to develop environmentally friendly engines and the use of the renewable energy sources. Developing such technologies required well-coordinated stakeholders including the developers, consumers, and efficient management.
8 Pages(2000 words)Essay
The UK Automobile Industry
Since travelling by motor vehicles was uncommon in those days, Lawson faced a lot of problems initially. With a lot of convincing, Lawson managed to get an official sanction from the British Government to ply motor vehicles on the streets. From then, the era of the motor vehicle development commenced, with most of the cycle manufacturing houses opting to shut their cycle production and venture into this newfound business.
15 Pages(3750 words)Essay
Automobile Industry in China
In the end, the entry of China into the WTO was considered a positive thing by most, although there are certainly those with contradictory opinions. The efficacious qualities that China gained by entry into the WTO; an aid to the economy, and the opening up of China's markets for more international trade and investment (to name a few).
19 Pages(4750 words)Essay
Automobile Industry
"Germans, Gottlieb Diamler and Karl Benz (MsnEncarta, 2007) in 1885, were the first one to introduce a true automobile when they attached a motor to the automobile and this was recognized as the earliest shape of today's modern cars. Then there started a series of advancement in the industry with several design and specification variations were offered to customers.
9 Pages(2250 words)Research Paper
Automobile Industry Essay
Toyota's Prius hybrid car gained immense popularity. Toyota has planned to produce 48,000 hybrid Camrys yearly. The demand for Toyota's Lexus RX400h hybrid crossover is also gaining momentum. Many companies are trying their expertise in making a mark in the emerging hybrid car market in the coming years.
14 Pages(3500 words)Essay
The Automobile industry
However, it must be noted that automobiles do not exist in a vacuum and there is an extensive and expansive global industry which supports this essential method of transport. Therefore an
8 Pages(2000 words)Essay
LoNGPestel Analysis of the US automobile industry ( only passanger cars )
Branding has changed so much with even more new brands being created. Big car manufacturing firms are increasing to deeper market to provide financial serves to customers. In the meantime it’s important to note that all the successful companies in the
8 Pages(2000 words)Essay
Japanese Automobile Manufacturers as Multinationals
Using Toyota Automobile Company as a case study, this paper review management issues and strategies of the company. The brief description of the company, analysis of the external and internal environment and competitors will help to assess and to understand the management decisions that led the company to the global leadership in the industry.
12 Pages(3000 words)Essay
Let us find you another Essay on topic Critical challenges faced by automobile industry for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us