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It is a global economy, has been for a while now. The Big Three assumed Americans would always buy their products. Mainly, they are not cost competitive compared to the Japanese because of labor costs. The unions helped this country 80 years ago, but have now been the biggest hinderance. the average UAW worker building GM cars makes $31 an hour. With very little if any skill level. Tack on their benifits, it amounts to $72 an hour. Compare that to Honda's labor expence at $45 an hour per employee.
What else can I help you with?
What industry was hit hard is due to recession?
the automotive industry
What industry had the biggest impact on the economy in the 1920s?
Automotive
Who is the Father of automotive industry?
Captian nichloas cage
Is the automotive industry considered an oligopoly?
Yes, the automotive industry is considered an oligopoly because it is dominated by a small number of large firms that have significant control over the market.
How does the economy affect the success of the automotive industry?
The automobile industry is an expensive industry to be in and to stay in business they have to sell cars.
Who worked in the automotive industry?
WHO worked in the automotive industry?
How can one find a job in the automotive industry?
One can find a job in the automotive industry online at various websites. One can find a job in the automotive industry at websites such as CareerBuilder, Monster, and Indeed.
Are tractors part of the automotive industry?
Yes, Tractors are also part of automotive industry, becoz this is also a vehicle.
What industry was hit hard is due to recession?
the automotive industry
What industry is Aston Martin in?
Aston Martin is in the automotive industry.
What forces are used in the automotive industry?
there is one fore used in automotive industry which is used all the time and that is friction. hope i helped
What sector of industry is Toyota?
Automotive manufacturing.
What industry fueled the desire for oil?
Automotive
What belong to the automotive industry?
Aston Martin
What is the biggest automotive industry?
The biggest industry within the automotive industry is the cars. And the three biggest companies within it are Ford, General Motors and Chrysler. There are often referred to as "The Big Three".
Is the International Automobile Association a legitimate organization in the international automotive industry?
Yes, the International Automobile Association is a legitimate organization in the international automotive industry.
How automotive industry contribute to tourism?
tourism and automobile industry's contribution to tourism growth
