Industry Analysis & Industry Trends
The lingering effects of the recession have significantly altered the state of the Car and Automobile Manufacturing industry in the five years to 2013. The industry was ill prepared for the consequences of such an economic downturn and operators engaged in plant closures, suspended research and development, drastically reduced employment and made pleas for government bailouts in order to secure revenue. Nonetheless, despite these circumstances, industry profit is expected to trend upward as consumer spending increases and companies shift toward green vehicles... purchase to read more
Industry Report - Industry Products Chapter
Automakers have seen substantially higher car sales since the recession has passed. Car sales bottomed out in 2009 with 5.4 million vehicles sold, but for the past five years have been growing faster than light truck sales, driven by the rapidly rising price of oil and the superior fuel economy that smaller cars offer. To address consumers' changing preferences, automakers have been overhauling their product portfolios. Fuel efficiency has become a top design concern for manufacturers, with more car models featuring hybrid-electric drivetrains, smaller forced-induction engines and more advanced transmissions delivering fuel economy gains.
Midsize and full-size sedans
Midsize and full-size cars are the mainstay of this industry... purchase to read more