The "Big Two" U.S. automakers (DaimlerChrysler doesn't count anymore, in my opinion,) have been barraged especially hard as of late, with the biggest evidence arguably being Toyota becoming the world's biggest automaker probably sometime this year. (Note: The market value of Toyota has been higher then General Motors for years; we're talking biggest according to units produced globally.) This is a crown General Motors has held for 70+ years, with Ford Motor Company holding it before that. Can U.S. automakers stay afloat in light of the following? Japanese automakers (Toyota, Nissan, Honda) continue to build desirable vehicles many Americans crave. The Koreans (Hyundai/Kia) are trying to leapfrog the Japanese at their own game of quality. Then potentially worst of all could be the Chinese, (there are deals already in play to bring Chinese-made vehicles under the name "Chery" to America before 2010.) In 21st century, Post-Industrial America, where will our automakers be placed?
2006-06-30
19:40:19
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5 answers
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asked by
Donovan P
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in
Corporations