Sunday, November 3, 2019
The United State Automotive Industry Essay Example | Topics and Well Written Essays - 500 words
The United State Automotive Industry - Essay Example From the paper it is clear thatà most of the Japanese, Korean and India companies have assemblies in the U.S. such as Chrysler-Toyota, Hyundai Mercedes among others. à Moreover, more companies are coming to set up manufacturing plants due to the high demanding market in the country.à The latest company to come to the U.S. is Volkswagen in 2011.As the study stresses the automotive industry has different sectors that define the success of the industry. The industry has and engine plant that solely manufacture engine for the companies. In addition, the companies have separately and jointly own research and development department that researches on the efficiently way of producing vehicles at cheap costs and for a better environment. In addition, the industry I characterised by design and testing autonomous departments.à The automotive industry contributes approximately 4% to the country GDP. In addition, the industry directly employs 786,000 as of the end of 2012. The automotiv e industry employs a high percentage of indirect employee through distribution, suppliers and other service sectors. In 2012, the industry supplied vehicles and other parts for $225 billion to other countries of the world.à The industry faces the problem of polluting the environment as most of the vehicles are made to use petroleum. The industry, therefore, faces a tough time researching for efficient vehicles that are made to use efficient energy.
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