Automobile Industry Analysis Paper

Overview.

Automotive usage is increasing in the US and elsewhere in the world. There were 700 million motorized vehicles registered in the world in 1999, with the US alone contributing over 200 Million passengers, cars and light trucks. In 1990s, the number of cars worldwide grew three times faster than the population and the number of cars increased six times faster than the population from 1969 to 1945.

The Global Competion.

For instance, ten years ago, GM's market share for 2013 stood at 17.9 percent, followed by Ford at 15.9 percent and Chrysler at 11.3 percent, for a total of about 45 percent for the three Detroit companies. Despite the recoveries of GM and Chrysler after their 2009 bankruptcies, and despite all the efforts made at Ford to improve its operations, the Detroit automakers gained only half of a point of market share in 2013, facing a stiff battle from foreign based companies, many of which build cars in the United States.

Foreign competitors as well as Tesla Motors

The US government has formed many committees to try and establish a most comprehensive way of controlling the global menace of pollution caused by carbon-emmisions from auto mobiles and industries. Policies and laws are being created annually, trying to solve this problem.

The UN summit on Global Warming, outlined automobiles as one of the most dangerous ways that the globe poisoned itself.

General review and Opinion

As we cannot be able to do away with auto-mobiles, the governments of the globe should try to minimise the emmisions and maybe contain the posssible risks evaluated here-before. Inn doing this, it is important to consider:

•Selecting non-toxic and abundant