This website uses cookies to ensure you have the best experience. Learn more

Auto Crisis Essay

1177 words - 5 pages

No podemos hablar de una crisis en un sector específico sin primero conocer las razones por las cuales sucedieron. Como ya todo mundo sabe, o debería de saber, en el año 2008 México cayó en una crisis financiera, la peor recesión económica de este país en 70 años, y de la cual todavía no se ha podido levantar completamente, o por lo menos, en ciertas industrias y mercados esta recesión se sigue sufriendo.Nuestra crisis está relacionada directamente con la crisis ocurrida de manera simultánea en varios países alrededor del mundo, especialmente con uno que se dice ser nuestro aliado y vecino, que se viste de estrellas y barras en rojo y blanco, ¿Ya te enteraste de quien hablo? (Si pensaste en Estados Unidos estas en lo correcto.) La desaceleración de Estados Unidos y la dependencia económica que tenemos con ellos contribuyeron a aumentar los efectos de la crisis; a este cuadro se suman otros hechos internos, especialmente la epidemia de influenza A (H1N1) que afecto al país desde abril de 2009.Como era de esperarse, la Industria Automotriz Mexicana depende también de Estados Unidos para tener un mayor crecimiento y un mejor flujo de efectivo, puesto que la mayoría de las ventas de automóviles, camiones y autopartes que hacen las fábricas automotrices establecidas en México dependen mucho de la exportación e importación con este país. Cuando llego la crisis económica a Estados Unidos, la cual afecto en mayor parte a los bancos y todo aquel comercio que daba expansiones de crédito a sus clientes -esto quiere decir que las personas iban y compraban algún bien o servicio y lo liquidaban en grandes lapsos de tiempo-, la Industria Automotriz dejo de recibir efectivo ya que las personas no tenían con que pagar debido a las grandes quiebras que sufrieron los bancos norteamericanos. Pero antes de entrar de lleno a todo esto de las crisis en esta industria, hablemos un poco de su historia.Evolución de la Industria Automotriz Mexicana.Fue en la década de los 80's cuando la Industria Automotriz Mexicana paso de ser un mercado interno a un mercado externo. Esto implico muchos cambios y mejorías en esta industria, ya que antes de que esto sucediera México dependía solamente de las importaciones y esto hacia que se perdiera mucho dinero en el mercado.Gracias a que las empresas automotrices mexicanas buscaron expandirse fuera del país, con la escusa de tener una ventaja competitiva sobre las otras empresas y poder crecer mundialmente, fue que se dio este cambio de mercado. Esta iniciativa que tomaron las empresas mexicanas impulsó la creación del TLC (Tratado de Libre Comercio), tratado que se hiciera entre México, Estados Unidos y Canadá. Pero fue hasta el 1 de Enero de 1994 cuando,...

Find Another Essay On Auto crisis

Automobile Industry of Malaysia Essay

1021 words - 4 pages AUTOMOBILE INDUSTRY OF MALAYSIAMalaysia's Auto Industry: An Economic Safety NetPrime Minister Mahathir prizes development of an indigenous auto industry as his pet project. He has sought to develop the auto sector to avoid a huge trade deficit and to reduce the effects of volatile changes in rubber and palm oil prices on the economy and promoted the sector to help speed recovery from the Asian economic crisis. The Malaysian government also

Examining Workforce Development through the Readings of Punching Out

1381 words - 6 pages Examining Workforce Development through the Readings of Punching OutIn the book entitled, "Punching Out" by Paul Clemens, Clemens investigates the 2006 closing of the Budd Detroit auto stamping plant over a year of time. In the process of writing his book, he learns a significant amount about economic downturn of the U.S. economy, the crisis of the American auto industry, outsourcing of employment and manufacturing to foreign countries and the

Automotive Industry

1762 words - 8 pages , experts agree that it will be a slow hill to climb after the devastating 2008 crisis left the auto industry at the bottom of the bowl. Everyone in today’s society always want to have the newest and best model of everything from cell hones to cars, so I do not see this market dying out again as long as they keep evolving. In one year sales increase by almost one million vehicles, I would project that sales be around 20 million vehicles by 2018 due to

Article Review of When Growth Stalls

751 words - 3 pages of the main underlying causes of the growth stall might explain the crisis. For example, the company fell into the premium-position captivity trap. As one of the biggest automakers, the management assumed they would make money by dominating the mass market with a full range of vehicles including pickups and SUVs regardless of rising gas prices and a shift in demand toward more fuel-efficient cars (“US Auto Sales Slide”). This ignorance allowed

PEST analysis for the car industry

2141 words - 9 pages Pacific, America's economic crisis is impacting its auto sales as well. The reality of this year's continued sluggish economy is causing consumers to suspend with regard to that kind of discretionary spending. Facing to this trouble situation, two different auto markets take different approaches to boost demand in their domestic market as well as the global markets that they serve. Japanese firms tend to add technology, expand into new segments or

NUMMI CASE STUDY ANLAYSIS

1772 words - 7 pages time they had integrated backward for few components, however neither side of the relationship was exclusive.v Since 1953, most employees in the auto industry had been members of a single union the United Auto workers(UAW). The UAW singled out a company for strike threats in order to wrest concessions which were then to form the norm for the rest of the industry.v In response to the first oil crisis, Congress enacted the Energy Policy and

Stillwater Mining: 3 Reasons It Might Be Time To Buy

915 words - 4 pages suffer more than the western and emerging economies. Russia accounts for over 40% of global annual production of palladium and roughly 15% of platinum production. So far there are no signs that either side is willing to concede, as a result the Russia-Ukraine crisis could lead to additional sanctions being imposed against Russia, including against palladium and platinum. The limitations on supplies could have severe impact on PGM metals’ prices and

The External Factors of Truck Manufacturer in Eu And Usa Over The Next Decade

3378 words - 14 pages EU Auto Industry, 2008 pp.51)While current economic crisis however has negative influence on car industry market, there are always choice of 'Profit', which are currently determined by research workers of 'domestic/inland transport' and 'small but many' companies (Website Transportintelligence, 2008).4. Changes and challenges of LogisticsLogistics has been changing and adopting situations as well as the rest of sciences. The study is focusing on

Canadian Branch plant economies

3007 words - 12 pages and positive effects on the Canadian auto industry and its implications on regional development.Branch plant economies exist where investment and business strategy decisions are made by an international head office of a company and not by the company itself. These economies have the traditional hierarchical model of corporate organization with strong centralized co-ordination of individual plants and subsidiaries.The private capital from

General Motors

600 words - 2 pages behind in the race with the plans to cut off 10% production of cars in North America. Investors have lost their confidence in GM. Market researchers and analysts are also waving red flags. Main reasons for GM crisis are crucial home industry and increasing health care cost, as company is providing health coverage to almost 1.1 million people in America. Despite all these facts, company’s chief executive Mr. Wagoner has neither yet announced any

Concept of the Automobile

646 words - 3 pages smooth lines and large fenders. Then there was the gas crisis in 1977. At this point in time, the automobile manufacturers were forced to design a car that was more fuel efficient and economical. This also was a time when the Japanese automakers started to import their cars into the United States. With the introduction of the Japanese automakers, the United States would have more competition in the automotive market.In the past, the prototype

Similar Essays

Fiat, Auto Company In Crisis Or Thinking Ahead?

1090 words - 4 pages equipment profiting very well. This stage in time management decided that they have to increase factories, as the local ones could not handle the increase in demand.(Global Factories of Fiat)Factories was set up abroad to handle the extra influx of car demands. This period in time Fiat was the driving force of the Italian economy, and still number one car maker of Europe.As the economic crisis hit the globe in 2007, all companies was wary of this

America's Auto Bailout Essay

1193 words - 5 pages In 2008, the automotive industry suffered a big hit which caused a crisis in the United States economy. During the 2000s there was a phase known as the “SUV CRAZE” where the majority of sales for General Motors (G.M.) and Chrysler were “pickup trucks and sports utility vehicles”(Auto Industry Crisis). Trucks and SUVs have been known to use a lot of gasoline to help with their overall performance. But during 2003, the price of oil per barrel

Macroeconomic Impact On Domestic Automotive Part Manufacturing

2210 words - 9 pages funds lent through the program (U.S. Department Of The Treasury, 2014). Although auto manufacturing was saved from the brink of collapse, parts manufacturers did not receive a corresponding benefit. During the crisis the Auto Supplier Support Program (ASSP) provided Treasury loans to suppliers to ensure they were compensated for their products and services no matter the condition of manufacturers purchasing them. The Treasury has since recovered the

A Brief History Of The Canadian Automotive Industry

2469 words - 10 pages In the early 1960’s the Canadian automotive industry faced a growing crisis of a seemingly uncontrollable decline in the production and sales of American brand vehicles, which was a major industry in Southern Ontario. Several domestic and international factors had contributed to this economic crisis and the task of stabilizing it fell upon the shoulders of the federal government. Official inquiries were established and several economic policies