Global Competition In Automobile Industry

Global Competition in Automobile Market The automotive industry is dominated by a few key players. Kallstrom explains, “The top five players have a significant 49% share of the global automobile market. This share decreased by 5.1% in the 15-year period from 1998 to 2013. Smaller companies slowly took the major automotive companies’ share away. In terms of vehicles produced, General Motors (GM), Ford (F), Volkswagen, and Toyota (TM) are still featured on the top five list.” It is important to note that Hyundai comes in at number five.

Putting a complete automobile together is no easy task raising the demand for a large number of suppliers that produce parts. Kallstrom explains the rising demand for suppliers is the result

Air pollution by definition is foreign particles in the air that do not belong there. Several creep worthy pollutants that come from cars are: hydrocarbons from a car's exhaust ( a toxic compound of hydrogen and carbon, nitrogen oxides, particle matter,when the carbon in fuel doesn't burn completely. These pollutants have been linked to be contributing to heart disease, potential premature babies, birth defects, eye irritation, and cancer. Scientists believe air pollutants can also lead to global warming. (Brinson, n.d., p3)

According to Brinson, “Although the U.S. Environmental Protection Agency (EPA) declared cars "mobile sources" of pollution, they aren’t the only culprits. Big trucks, bulldozers, ships and boats, trains and even snow-blower's pollute the air. According to the EPA, motor vehicles collectively cause 75 percent of carbon monoxide pollution in the U.S. The Environmental Defense Fund (EDF) estimates that on-road vehicles cause one-third of the air pollution that produces smog in the U.S., and transportation causes 27 percent of greenhouse gas emissions. The U.S. has 30 percent of the world's automobiles, yet it contributes about half of the world's emissions from cars.” The United States has began imposing strict regulations on automotive

Cleaner fuels, means fewer emissions. Tailpipe emissions are close to being a thing of the past due to the invention of electric cars and trucks. Examples that are currently available on the market are: 2017 Chevy Bolt, 2017 Toyota Prius Prime, 2017 Hyundai Ionic, 2016 Toyota Rav 4 Hybrid AWD, and the Tesla Model 3. These new technologies are transforming the way we travel, while reducing emissions. According to a press release from STMicroelectronics, “Tomorrow’s connected car will communicate with everything, from its internal systems such as transmission, advanced driver-assistance electronics, and front panel to roadside infrastructure, emergency services, and other cars. And it will have to provide the highest level of security," added Marchio. "The SPC58 Automotive MCUs, with their unique combination of performance, connectivity, security, and scalability, allow car makers and their sub-system suppliers to set new standards in ensuring a safer, greener, and more enjoyable driving experience."

We are certainly living in an age reminiscent off something one might experience from the futuristic cartoon, the Jetson's. Along with car's that communicate with each other, we are coming into a time where others drive themselves. Another new technology that power's automobile's is energy storing body panels. As far as advancement's in