This paper examines the three main companies in the automotive industry in North America: General Motors, Ford and Daimler-Chrysler. The paper then looks at the foreign companies of Honda and Toyota. The paper relates that if these big three domestic manufacturers wish to be considered the dominant brands in North America, they need to significantly reduce operating expenses related to employee benefits, costs, legacy expenses and related cost premiums. The paper also discusses the need for them to re-brand themselves as environmentally conscious manufacturers, like the Japanese manufacturers who promote fuel efficient products such as hybrid powered vehicles.
Outline:
Introduction and Overview
Main Competitors
Strategic Marketing Moves
Critical Input Variables
Critical Success Factors
Conclusion
From the Paper:
"The automotive industry in North America is led by the big three of General Motors, Ford, and Daimler-Chrysler. While the import manufacturers play a significant role in the overall automotive industry the big three domestic manufacturers essentially define the industry. The total market value in the U.S. for the new car market is just over $202b and is expected to grow to an estimated $243b by 2009 (New 3). Yet, of the big three, General Motors, as the largest automotive manufacturer in the world and one of the largest companies in the world, acts as a bell-weather for the automotive industry."
The U.S. Automotive Industry (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Term-Paper-The-U-S-Automotive-Industry/100121
"The U.S. Automotive Industry" 15 January 2012. Web. 13 Feb. 2012. <http://www.academon.com/Term-Paper-The-U-S-Automotive-Industry/100121>
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