A Breakdown of the U.S. Auto Industry: History, Economics, & Investing Dynamics

automotive industryConsidering the nation’s per capita GDP continues to be below USD $four,000, affordability is mostly the most important issue for Indonesian shoppers when buying a automotive, and this would explain customers’ shift to the LCGC. This implies it undermines the market share of other vehicles. For example, city automotive sales in Indonesia have plunged dramatically since the launch of the LCGC. Also the multipurpose car (MPV), which – by far – is the most well-liked car in Indonesia, felt the impact of the arrival of the LCGC. But the MPV’s dominant position within the nation’s automotive sector will persist.

The manufacturing census of 1982, encompassing Cuyahoga, Lake, Geauga, and Medina counties, found that the Cleveland space had 71 establishments making automotive parts, accessories, and stampings, however that they employed solely 15,800. The GREATER CLEVELAND GROWTH ASSN. found in 1992 that in an 8-county area (Ashtabula, Cuyahoga, Lake, Geauga, Medina, Lorain, … Read More