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Essay on Industry | ||
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This is the first 1,000 characters of 1438 words (5.75 pages) in the essay titled Industry The Automotive Industry is one of the largest industriesin the world. Transportation needs is something that effects all of us. In the automative industry there are several production types, parts, accessories, vans, mini vans, trucks, SUV s, compacts, sedans, sports and luxuries. There is over 30 different manufacturing automotive companies. Many of these companies have merged and have part ownership of each other. The two largest companies today are GMC #1 and Ford Motor Company #2. Ford and GMC both consist of about ten companies each. Sales of these cars is done form companies to dealers and dealers to consumers. Consumers can do this over the Internet or at a dealer. In 1998 Internet sales were 80 billion and expected to be 726 billion by 2003. The Internet seems to be a convenience because you don t have to find your vehicle and deal with sales men. You can even have it delivered at your door for a similar cost. The Internet decreases incremental marketing, advertising, and personal cost per sale. Prices range from lowest around ten thousand and highest around one hundred thousand. The average car today runs about twenty-five thousand dollars new. There are many factors in the price of cars. Prices rise when options become standard like airbags, safety standards and emission controls become strict. When consumers demands fluctuate prices go up and down. When sales go down automakers offer rebates an... |
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Keywords: sell cars, buy new cars, million cars, cars prices, ford motor company, mini vans, consumers, automative industry, gmc, production types, largest industries, world transportation, emission controls, largest companies, prices rise, compacts, automakers, luxuries, internet sales, automotive industry