Essay on History of The Motor Car in Europe

1934 Words 8 Pages
CRAM Exclusive
Essay Sample
The motor car was first established in Europe 128 years ago. Since then a large automotive industry has established with a wide range of car manufacturers, suppliers and aftermarket service. An industry can be defined by Stigler as follows “an industry should embrace the maximum geographical area and the maximum variety of productive activities in which there is strong long-run substitution” (Lipczynski and Wilson et al., 2005). The roots of the automobile industry can be traced back to Henry

middle of document…

This downward trend affects both automotive and manufacturing in general” (Holweg, 2009, p.34) However the automotive industry accounts for just over 3% of German GDP and 2.5% of total employment in the country. “Germany accounts for a substantial share of the total value-added generated by the automotive industry in the EU” (Ward and Loire, 2008, p. 3) 39% of total employed in the automotive industry is in Germany.

Electric cars
The oil crisis increased demand for more economical cars and this demand was met by Japan imports, threatening US and European manufacturers. Trade barriers were called for but this ‘invasion’ could not be halted. The advancements in the industry with regards fuel and green efficiency is moving at a fast pace. It is estimated that by 2020 “electric vehicles and other “green” cars will represent up to a third of global sales in developed markets” (Russ Heaps, 2013). The move from mechanics to electronics and low tech mobility trends give rise to great opportunities. The growing environmental awareness and concerns, growing fuel prices, regulations and depleting oil reserves will increase the demand for fuel efficient automobiles. Alternative fuels such as natural gas which Asia and Latin America have access to will drive the advancements in natural gas powered vehicles.

It is thought Chinese manufacturers will lead the next wave of import competition. This issue arises because of
CRAM Exclusive
Pencil57685Hand

Related Documents

  • Electric Car and Tesla Motors Essay

    prefer to have their own car that is more convenient. The Bargaining Power of Suppliers The power of suppliers is very high due to the fact that company is highly dependent on these suppliers and any problems with components delivering will result in production disruption that negatively reflects on company image. This is due to purchasing components from over 200 suppliers over the world. Despite of building close relationships with main suppliers such as Panasonic (Tesla Motors, 2014), working together

    Words: 785 - Pages: 4
  • American Cars and Foreign Cars Essay

    in their cars to improve everything about the driving experience. American cars have built performance cars with a distinct style from the 1940’s to present day. For over fifty years American car companies have been manufacturing muscle and sports cars that have set the standard of what an affordable sports/muscle car is. Chevrolet, Ford and Dodge have all made incredible classic cars which will always be remembered. Their iconic style, big horsepower, and major rivalry have made these cars memorable

    Words: 917 - Pages: 4
  • Comparison and Contrast of General Motors and Toyota Motor Essay

    forth in 2006, GM emphasized energy and environmental leadership as a critical element of GM's ongoing turnaround plan and a key part of its business strategy. In order to reduce the world's dependence on oil, as well as meet the growing demand for cars and trucks around the globe, GM is embracing a policy of energy diversity as its core technology that offers vehicles that can be powered with many different sources of energy (Marketline, 2007). GM continues to improve the efficiency of the internal

    Words: 4709 - Pages: 19
  • Tata Motors Essay

    Consumers have reacted very negatively to such a public failure and Tata Motors’ seeming disability to live up to its initial promise and value proposition to them. Sales were affected badly as Tata announced that it had sold only 509units of Nano in November 2010. (Bajaj, 2010)Faced with such a threatening decline in sales number Nano has added another dimension to affordability, one of its proposed value propositions. Using its vast network and influence in India, Tata has started to sell Nano

    Words: 647 - Pages: 3
  • Essay on General Motors Report

    Alpheon, Baojun, Buick, Cadillac, Chevrolet, GMC, Jiefang, Opel, Vauxhall, Holden, and Wuling. General Motors have claimed the title of the world’s largest automaker through their vehicle unit sales. It also consists of a workforce full of 202,000 employees strong and it operates business in 157 different countries. GM also has production facilities in 31 different countries which are producing cars and trucks. Now for a multinational successful company to all of a sudden beginning to struggle then

    Words: 4944 - Pages: 20
  • Ford Motor Company Essay

    The Ford Motor Company felt the trials and tribulations of the “Great Depression” by reducing production, laying off unskilled workers, and alternating with Chevrolet as the U.S. production leader. However, they survived the economic recession through the introduction of the Model 18, the first low-priced one-piece cast V8-powered car, built in 1932; and introducing the Lincoln-Zephyr in 1936 and forming the Mercury division in 1939 to fill the gap between economical Fords and luxury Lincolns. In1941

    Words: 3617 - Pages: 15
  • The Trend of Ultrasonic Motors Essay

    requirement for drive signal 1.4The history and application of USMs In 1965, Scientists from Soviet Union designed a kind of ultrasonic motor, which used the vibration of piezoelectric plate to drive the rotor. In 1973, Barth in IBM proposed a structural design scheme with the principle of modern ultrasonic motor. In 1983, a scientist named Sashida designed and manufactured a traveling wave ultrasonic motor, which paved the way to practical applications of ultrasonic motors. Applications: Due to its unique

    Words: 1527 - Pages: 7
  • Car Racing Essay

    single-seat racing cars, because of its special construction and ultimate speed. Go through automobile racing history, there were no restrictions on technological development, so F1 cars were the most sophisticated, most technologically advanced racing vehicles possible. Also, the F1 result determined the winner of The World Championship of Drivers each year. In 1958, an F1 Constructors' Championship was established to rival the World Manufacturers' Championship, a competition held in sports-car racing. These

    Words: 951 - Pages: 4
  • Essay on Muscle Cars

    But in the end many muscle cars love how they end up with there dream car and how they love there muscle cars. Some late 1900’s muscle cars are more expensive then others. Many people may say that because of the model of the car or the just because they have out more stuff in there original late 1900’s muscle car. There can be many things why so many people say that, some cars are more expensive then others. But the fact is that, some vehicles are just simply faster and have a better or bigger

    Words: 1873 - Pages: 8
  • The Acquisition of Kia Motors by Hyundai Motors Essay

    synergy The Acquisition of Kia Motors by Hyundai Motors A Review of the Literature Korea’s automobile industry, which had grown remarkably over the last decade, had entered a period of transition. In addition to weak domestic demand since the mid 90s, the industry suffered from continuous oversupply of automobiles resulted from the introduction of new companies and the expansion facility by existing ones, (Seungwha Chung and Sunju Park, 2009). Kia Motor was the number two automaker in

    Words: 1044 - Pages: 5