Could anyone please help me do this assignment You are the CEO of a European aut
ID: 366105 • Letter: C
Question
Could anyone please help me do this assignment
You are the CEO of a European auto maker group Audi company that is planning to launch a subsidiary in Detroit Michigan (USA). The size of the European company is the equivalent of a fortune 500 company in the USA. You are asked to research the market and international management issues, including finding detailed data. You should consider the broad auto industry in the USA but you will also be asked to find detailed information about the major companies that operate in that industry.
Please answer the question belows
- Find background material of the auto industry (economic, legal and political environment) with the use of academic and business magazines and reports.
*** You are required to have at least 10 quality academic background sources (minimum 10) for this section ***
Explanation / Answer
Automobile industry is one of the largest industry in the world. Either we consider China or USA, it is the largest in terms of the production as well as in Sales. It has the large size in the industry. As the technology has evolved, it impacted on this sector by the help of new innovations. The management issue with the industry are as follows:
This industry has the issues regarding the fuel efficiency as the new player in the market trying to make the more fuel-efficient vehicles. It is very much challenging and pressure making task for the company.
The environment friendliness is another issue and it is related to the carbon emission as well as with pollution. As the emission of the vehicle should be low and the efficiency should be high to solve out the pollution control problem. It is very much challenging task to deal with it.
As we talk about the today’s scenario, the Ford motors Company taking the lead of the industry. In terms of revenue Volkswagen, Toyota and General motors are the leading companies.
The political factors are based on the government decision in case of low emission vehicle. The government is providing subsidiary to the low emission vehicle in European Union and In United Kingdom. Government follow the environment friendly vehicles in its country. The government make the policies and procedures to follow while making the vehicle. It is remarkable.
The economic conditions effect the sales of the vehicle to directly fall. The demand of the luxurious vehicle is also in and are based on the individuals demand. The size of the market shows the profitability of the industry. The PPP (Purchasing Power Parity) is high in the developed country.
Legal Factors consists of the law prevailing in the country. The quality, safety and reliability of the vehicle is ensured by the laws regarding it. The pollution control law has grown from the previous years as the pollution is the major concern. For example, Toyota had to recall its vehicles because of its faulty airbags. The income tax laws etc. are also included or effected this industry.
References: