Our World

Globalization Affects Automobile Manufactures

One of the top automobile makers in the country, Ford Motor Corporation, is continuing to suffer through financial difficulty. Many workers continue to loose their jobs as manufacturing plants close. Ford is in the process of scaling back operations in an effort to help the troubled North American core. The top three automobile makers in the United States have lost significant market share to foreign competitors.

Globalization allows foreign car manufactures to sell their products in the United States. Many foreign imports are engineered for better gas mileage due to the high price of fuel. The rising cost of petroleum has plagued the country in recent months and increased sales of fuel efficient cars. American automobile manufactures have not kept pace with fuel efficiency advancements made by foreign automobile engineers. American automobile manufactures have had their eye on sales instead of focusing their engineering energy on more efficient future designs.

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posted by Anonymous @ 9/16/2006 12:13:00 PM