Detroit rules, OK?
Article Abstract:
The fragmentation of the world automotive industry is partly due to government aid, but the industry is consolidating both through takeovers, and through alliances, especially where national interests hamper takeovers. The industry is affected by overcapacity, and alliances may not tackle this problem as well as takeovers. Companies are gradually tackling overcapacity, and alliances are helping to cut costs. Three big manufacturers, DaimlerChrysler, Ford and General Motors, dominate the world industry, and Detroit has regained power, while the Japanese influence has diminished.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
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Downhill racers
Article Abstract:
Factors likely to affect US and European car manufacturers are examined in detail.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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Rough ride
Article Abstract:
Demand for luxury cars has increased in 1998, and competition among suppliers has intensified. Volkswagen and Mercedes are among the companies competing in the top end of this market, though there may be more opportunities at the lower end of the market for luxury vehicles. The prestige brands attract consumers but there is a risk that the prestige of luxury cars could be eroded. The move into luxury vehicles reflects fragmentation in the automobile industry.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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