Evaluation:
Published: 14.01.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'The Auto Industry', 1.
  • Essays 'The Auto Industry', 2.
Extract

In the automobile industry, a great proportion of income comes from selling automobiles. Globalization is the inclination of world investment and business to move from a country and local markets to a worldwide environment, is a major factor that affects the auto market. More than ever, it has been easy for foreign auto dealers to enter the American market creating competition. 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…

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