Get help with any kind of project - from a high school essay to a PhD dissertation

American Automobile Industry Essay

Project id 1001700
Subject area Other
Document type Essay
Words 3336
looking for essay samples online?
The essay did not fit your needs?
You can order an essay on any topic
Submit a new project

The automotive industry is a major industry in the united states. The creation of the car in the late 1800's revolutionized transportation. It wasn't till Henry Ford in 1903 with his Ford Motor business, was that the car made available to ordinary Americans. Ford's invention of the assembly line brought the auto sector into a large industry in America's economy. According to Veronica Franco of Market Research stated that in 2010 the automobile industry needed a global value of $728.3 billion. He projects that in the normal increase rate of 24.1%, like that which we saw by 2009 to 2010, by 2015 the value of the business will probably soon be at $904 billion. So what does this mean for the future of this industry? It is going to continue growing. To determine where the business is going, one has to look at the past, present, both the American and global sector, along with the future projections. To look at the business's previous in America we must narrow down the 16 big auto makers. Three of these businesses are centered in the usa. Ford, General Motors, and Chrysler have been Called Detroit's Big Three. Four out of every ten employees of these three companies work here in America. The other 13 auto makers average about 5 out of every 100 workers work in the us. These figures come from the American Automotive Policy Council. One can see that those Big Three have a large influence in the usa. The automobile has been an icon in the united states for over a century. Following the production of the automobile industry, was the production of multiple car brands owned by one corporation. This lead into the form of automotive giants, ultimately leading to what we know now has the Big Three. In 1910 there was about 500,000 cars on the road. When Ford started producing Mo.. .

More than 7,000 students prefer us to work on their projects
90% of customers trust us with more than 5 assignments
Special price $5 /page
Document type
Check the price for your project