Automotive Industry In China

The automotive industry is critical industries that stand to collapse in a minute if we are not sensitive to the current situation. It is also known as an industry that is full of challenges, strategies, political constraints and also the dominant influence. To illustrate, companies such as Alfa, Benz and BMW are also among the more established. Though finally, the decisive success of a brand is the consumer.

In order to answer the question, China attracted to GM because China is a country that has exploding demand and has been a more than attractive place for western companies who is interested in expanding their business. Nowadays, China has a high population about 1,300 million people, nearly one per five of human on Earth.

Indeed, China

In the final decades of the 20th century, the rapid transformation of the industry took a new form. In fact, the striking progress of science and technology, as an engine of a society, the world get its influence from a variety of angles. Economy is one of the areas that undergo striking changes in these times. To be sure, the rise of multinational corporations, to a certain extent has opened up the opportunities for

The opening of a multinational company by GM in China have given several positive impression to open up a wide network of the Chinese population. The rise of China in the automobile industry has a positive impact on the economic development of neighboring countries in Southeast Asia as well as regional cooperation. Thus, this situation allows Chinese to plunge in automobiles field, indirectly they can learn the ways to produce their own brands car and export it abroad by exchanging their Chinese counterpart’s knowledge, experience, and skills. Moreover, the establishment of GM in China by multinational companies has enabled China to get higher incomes to their employees. This causes many people prefer to work at multinational company as a multinational company offering higher salaries and better facilities to workers compared to other national or private companies. In contrast, the establishment of GM in China gives negative impact on the country recently whereby GM supplier factory had a horrible explosion at a factory in China, caused 65 people being killed and hundreds of them injured. The plant was a supplier to General Motors and a dust explosion in a polishing and finishing plant for car wheels. This explosion has occurred in the polishing workshop wheel hub and it has triggered when the fire was lit in a room full of dust. This has led to an explosion of dust that have been