The United States Of America 's Auto Industry

the Model T to producing the Model A. During the 1950 and 60s Chrysler took over

States and much of the world. Owning a vehicle is almost a necessity in modern society.

What is business ethics? It is formally defined as the critical, structured examination of how people & institutions should behave in the world of commerce. Specifically, it examines self-interest and profits, versus moral values and ethics. The Ford Pinto was a new stylish car, which gave Ford an ultimatum.

In 1769, the first automobile, a steam-powered carriage that would carry up to four people at two miles per hour, was created. Years pass as gasoline engines, wheels, and a steering device were added to the automobile, which began to make it useful but expensive (“The Invention of Automobiles”). They were hand-crafted at this time, therefore making it unaffordable. Until Henry Ford introduced the assembly line in 1913, automobiles remained expensive. His discovery of the assembly line turned the hand-crafted machines to mass-produced automobiles. Since automobiles were being mass-produced, the cost for assembling a single car dropped low enough for it to be affordable to many families (“The Invention of Automobiles”).

I believe that we should keep the automobile and it should remain a central part in all American’s lives. To many of us the automobile represents freedom, and if we remove the automobile from America you are taking our freedom because we wouldn’t be able to travel wherever whenever we want. We would have to take the bus or a train or a plane and it would limit our ability to travel. Not to mention that people who first bought cars the car was very foreign to them. Before the car people had to bike walk or take a train which took effort. When the car came out they could just hop in the car and go wherever they wanted to.

Several factors have affected how the American auto industry now positions itself on the world market, and big changes have been made to reflect this new direction. The introduction of new technologies in vehicles, the growing market for cars in new developing markets, the impact of the industry on the environment, legislative responses and demands, as well as the increased expectations from consumers, are some of the factors. More international cars are being designed, manufactured and bought by American consumers and exported to foreign markets today than those exclusively manufactured by American companies, redefining the American auto industry, while having a positive impact on its economy. International brands accounted for 45% of total sales in the U.S. in 2013 and have now risen to 59% of the market, and continue to grow. While the amount of American cars has decreased in the local U.S. market share to international ones, the increase of foreign car production on U.S. soil has had the effect of creating new jobs for Americans both in the auto industry as well as in related new industries. The industry has seen huge growth numbers in the last few years with more growth expected.

The automobile industry has brought the United States economic growth due to the impact that automobiles have made on society. There has been a plethora of jobs associated with the auto industry, including manufacturing, auto repairs, insurance, and the development of roads, sales, and auto parts to enhance vehicles. Cars, trucks, and SUVs’ have become a way of life for people and have made an additional economic impact by becoming the primary means of transportation for consumers to commute to and from work, vacations, and travel between destinations. Most family households live on a budget and they must make the decision of how much of their budget they can allocate to transportation costs.

New technology: Tesla created an electric car which plugs in to recharge. Some people have even created their own grease powered car. The grease can come from fast food restaurants or any business that serves fried food. An infinite amount of features are now available in automobiles. From stereos which can act as your phone to Wi-Fi being built into the vehicle. Recently, vehicles can now come with a feature which parallel parks for you. Google even invented a

Another large car manufacture that is located in the United States is General Motors (GM). General Motors would benefit more in this competitive

To fully understand why Canada is one the wealthiest nations in the world, we need to pay particular attention to Canada’s economic history. The economic history of our country has been marked by many important events that have paved the way for a successful economic future. A brief economic history of Canada would pay particular attention to important events such as the economic boom of the 1920s, the dark times of the 1930s; the Second World War during the 1940s and to also not forget the important trade agreements such as the auto pact and the NAFTA. Despite the above mentioned important events, Canadian economy has also been greatly influenced by its own economic sectors. Our economy has undergone through major changes during the past

The spread of the automobiles transformed the United States by creating new jobs, changing where people lived, and by changing the assembly-line technique. Automobiles essentially changed the face of the United States. The automobile industry was the largest single manufacturing industry. By 1929, one in four Americans were employed directly or indirectly in the automobile industry (Roark 754). Automobiles created millions of related jobs as the need for tires, glass, steel, highways, oil, and gasoline arose. Small towns started decaying as the automobile enabled rural people to bypass the towns in favor of distant cities and towns. Workers began to move into the suburbs and traveled to work on crowded highways, which led to the disappearance

Car companies such as Ford, Dodge, and Chevrolet are domestic manufactures; Nissan, Toyota, BMW, Volvo and much more are considered Imports, even when made in the US. Although most imports are made out of the country, many are made in the United States.

The focus of this paper to describe how the automotive industry has evolved throughout these past years, and its impact on the U.S. economy. The domestic market has gone from being dominated by the “Big Three” which are General Motors, Chrysler, and Ford to now including other major manufacturers from foreign countries. The industry has become an important economic indicator used to predict fluctuations in the U.S. economy. It currently makes up approximately 3.5 percent of the U.S. GDP. The Foreign manufacturers however are slowly increasing market shares now that the Big Three aren’t so big

Throughout the 20th century, GM, Ford, and Chrysler have held a firm grip on the U.S. car market. GM even was even able to control 50% of the market until about 1980. Ford and Chrysler also did considerable well during that period. However, globalization allowed foreign carmakers to maneuver their way into the U.S. market. Intensified competition then began to threaten the market shares of those leading companies. German companies entered the market with cars like Volkswagen, Daimler, and BMW. They now currently own Porsche and Audi. The Japanese car industry have the luxury of owning cars such as the Honda, Toyota, and Nissan while Koreans have joined the market with

challenges, however, are the most difficult ones to face and overcome. Some environmental issues that