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U.S Auto Industry's Market Share and Fluctuations
The U. S. auto industry's share of the market has experienced fluctuations over
the past 50 years. These fluctuations have been caused by many reasons, but some
of the main reasons include quality, price, and foreign competition.
The Ford Motor Company, General Motors Company, and the Chrysler Corporation,
a.k.a. "The Big Three", are the three largest manufacturers of automobiles in
the world. " The Big Three" hold nearly 75% of the market and produce over 8
million automobiles per year. The largest competitors of " The Big Three" are
Japanese auto producers that include Toyota, Nissan, and Honda. These three
foreign manufacturers hold 20% of the market and produce about 2.7 million
automobiles per year.
General Motors Company, the world's largest automobile producer, originally was
composed of four major vehicle manufacturers- Buick, Cadillac, Oldsmobile, and
Oakland which became Pontiac. Presently, General Motors is made up of......
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Title: U.S Auto Industry's Market Share And Fluctuations
Approximate Word Count: 881
Approximate Pages: 4 (250 words per double-spaced page)
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