...years in China, we can see more and more American car driving on the street. People choose the United States car because of the good quality, and U.S. auto manufacturers are also designed a lot of beautiful cars for the Chinese market. However, U.S. carmakers know that the most important market is not China, for whom the most important market is the United States. American car companies made cars sold in the U.S. and only a part of the vast majority of exports, although it was noted that Japanese cars are very popular in the U.S; however, most Americans still choose the American car. Why? Because Americans think that the U.S. auto industry is very important, and to buy American cars means provide a support to the automotive industry. Began in the 2008, the financial crisis brought the U.S. economy a lot of negative effects, and most of American people put their hopes of economic recovery on the automotive industry. Because they believe that recovery in the automotive industry will drive the revitalization of other industries. There is no doubt that the U.S. auto industry and economic development are closely linked, and is very important for the U.S. auto industry. Why the automobile industry is so important to U.S economic development? The United States is one of the world’s most developed and richest countries, and the U.S. auto industry has long been an important support to the country’s development. Automobile manufacturing industry in the United States has a long history, and...
Words: 2436 - Pages: 10
...possible equals more foreign news coverage. Export sales have been at a stalemate in recent years and Detroit auto show management hopes to help those numbers. Neal Boudette writes about the concern in The New York Times, “More worrisome is that the drops in export sales have come even as manufacturers have resorted to heftier discounts, which eat into their profits. Sales incentives are now equal to more than 11 percent of the average vehicle sticker price. As recently as 2014, that figure was below 8 percent” (par. 6). With an expansion of European and Asian coverage from moving the show to October, a greater showcase...
Words: 1043 - Pages: 5
...http://www.usatoday.com/story/money/cars/2013/03/26/honda-odyssey-vacuum-cleaner-honda-vac-new-york-auto-show/2022873/ NEW YORK -- An automaker thinks it has finally solved the problem that has dogged family vehicles since the dawn the automotive age: an easy way to get rid of all the junk that drops between the seats. Honda is bringing what it says is the industry's first vacuum cleaner to 2014 Odyssey minivan, which will be displayed here at the New York Auto Show opening this week. The small HondaVAC, as its being called, is built into the minivan's rear well. It is meant to be an easy solution to the bane of parents everywhere who have seen the accumulation grow after any long car trip -- tiny tiny mountains of stray french fries, straw wrappers, pennies and Skittles from stem to stern. The most obvious of all minivan options grew out of the idea of a single engineer who came back from a trip with his kids frustrated about the garbage that accumulated in the family vehicle, says Tami Giammarco, a Honda senior engineer in Ohio. "We found it would have a lot of value to our customers," she says. So the team started scouting gas stations and car washes to figure out the secrets of the best auto vacs. The result was a small unit with a hose long enough to reach the entire minivan cabin. It comes with two heads, a wide one and a narrow one for crevices. In a test run by USA TODAY with a variety of junk food, the vac easily sucked up Froot Loops cereal but choked...
Words: 382 - Pages: 2
...Downsizing of the US Auto Market. Automakers will begin reducing production, cutting sales, or preparing for price wars in order to get rid of inventory. This type of downsizing may hurt Big Auto, forcing layoffs and reducing services offered. The consumers will no longer be able to afford expensive cars and would prefer keeping the current car they purchased. Even if the car is not worth the balance owed. Big Drive Auto will no longer carry certain makes or models, which would hurt sales. (Carseek, 2007) On the other hand, if downsizing affects the sale of cars, Big Drive Auto can look at generating revenue in the other two areas listed. Generating revenue in the other two areas may not show a major increase in sales, but should give a positive growth within the next five years. Downsizing falls in the recession area of the business cycle. The recession phase is a “period of decline in total output, income, and employment.” (McConnell, Brue, & Flynn, 2009). Americans No Longer Driving The culture of owning a new vehicle is dropping. Consumers are no longer driving, which decrease sales at car dealerships. Higher gas prices and rising unemployment plays a role in consumers purchasing cars. Evidence of this change can be found in the model below, created by Nate Silver, which reveals a snapshot of a decline in American Driving. This information created from information listed in the Federal Highway Administration, writes Nate Silver. (Esquire, 2009) Mergers...
Words: 1016 - Pages: 5
...for each example to be created? The news clip example was paid for by CNN. The TV commercial ad was paid for by Progressive Auto Insurance. Can you detect a slant—that is, a secondary opinion conveyed by the examples’ creators? In regards to the news clip I do not detect a secondary opinion by the examples’ creators. This clip is about remember 911 and I believe CNN agrees with what former New York City Mayor Giuliani has to say about the matter. I do not detect a secondary opinion in the Progressive TV commercial either. The purpose of the ad was to sell the product which is what the ad does. What does each example reflect about society at large? Is it credible? Explain you answers. The news clip is from a credible source. CNN is a popular world news resource. To me this example shows that our society at large can pull together in times of tragedy. People can forget about differences within our society and unite for a bigger purpose. We can do what is necessary to protect ourselves from more attacks. The Progressive TV commercial is also from a credible source. Progressive is a well-known insurance company. This ad says that our society is highly concerned with money, most importantly saving money. Are you skeptical of the sources’ credibility? Why or why not? I am not skeptical of the credibility of the news source slip. The clip is broadcasted on CNN, a well-known world news source. Larry King Live is also a commonly known show. Do you detect any bias? Why or why...
Words: 646 - Pages: 3
...has had numerous articles, books, and magazines, dedicated to highlighting her success. Another article in the New York Times summing up Ms. Winfrey’s accomplishments is nothing less than typical. However, what is uncommon is to come across a writer such as gossip columnist Kitty Kelley, doing what no one dares to do and confronting the negative and practically silent aspects of Oprahs’s stardom. In Kitty Kelley’s Oprah biography, she provides her readers with a raw and insightful view contradicting The New York Times view on Oprah as an ultimate multimedia icon. Oprah Winfrey has set a silent standard to the way her fans and outside viewers perceive her, this standard being that you, do not question the queen of talk. The New York Times along with other newspapers and magazines would not dare contradict Oprah because in the eyes of the media she has the very two qualities we love as a nation, power, and money. The article in the New York Times states her accomplishments as her show “Oprah” is now soon to end, and what else is in her future. It is all apart of the typical praise that follows the headline “Oprah Winfrey”. As mentioned our nation loves money and power so it is by no surprise the opening sentence into the article states “Oprah Winfrey, the first black woman to appear on Forbes billionaire list” (New York Times). In one simple opening statement the New York Times states, all that needs to be said to highlight Oprah’s success as a billionaire and most importantly as...
Words: 1292 - Pages: 6
...SOC 202 Written Assignment Submitted by: Tristan Wong To: Rebecca Lock Section – 021 Tuesday, March 25th 2014 The area of interest that I will be looking through is violence and sexism. The object of this focus will be the game “Grand Theft Auto V”. The game is described as an open world, action –adventure video game. The player may use various explosives and firearms to fight enemies including running over people with vehicles (Rockstar North, 2013). The first common sense claim is that the game “normalizes” violence. This means actually leading people to be more violent through desensitization. The second common sense claim is that the game’s depiction of women is misogynistic in nature. Therefore leading people to hate or dislike females through the game’s supposed misogynistic undertones. The game represents various females throughout the game as, strippers, prostitutes, typical “bimbos”, and long-suffering nagging housewives. Our responses to cultural and media influences vary greatly from person to person, and the conditions in which they are encoded in (O'Brien & Szeman, 2014, p. 94). This can lead to varied and different responses from individuals who view the same media or cultural phenomenon (O'Brien & Szeman, 2014, p. 94). With regards to violence in video games and media in general, how many consumers of these types of images and media are actually violent? Millions of people experience games and media like this every day, wouldn’t these millions...
Words: 1340 - Pages: 6
...The Baldwin-Wallace College Journal of Research and Creative Studies, Fall 2007, 1(1):12-24 Performance of the South Korean Automobile Industry in the Domestic and United States Markets Robert R. Ebert1 and Mariel Montoney2 1 2 Department of Economics, Baldwin-Wallace College, 275 Eastland Rd., Berea, OH 44017; Economics Program, Baldwin-Wallace College, 275 Eastland Rd., Berea, OH 44017 The South Korean automobile industry has undergone considerable growth since its inception in the 1960s. That growth was initially driven by domestic demand. Since the Asian financial crisis of 1997, however, production increases for the South Korean automobile industry have been primarily a function of export sales. The research presented here explores changes in the structure of demand in its two principal marketsdomestic South Korean market and the United States market. Two models of demand are developed- one for each of the markets. Several macro economic variables are identified that have a statistically significant relationship with the demand for automobiles in each of the markets. An interesting finding of the research is that the factors apparently driving demand are different in the two markets suggesting the structure of automobile demand in South Korea differs significantly from the demand for that country’s vehicles in the United States. A major challenge facing the South Korean automobile industry is how to utilize its capacity when confronted with...
Words: 6529 - Pages: 27
...case, California delegate Gray Davis stamped institution obliging the California Air Resources Board to make regulations to reduce nursery gas radiations from explorer vehicles. This consolidates Suvs. California speaks to 13 percent of the nation's auto promote, so makers of cars, Suvs and trucks are sure to comply with the state's announcement, in case they can't get it pacified or toppled. This could have immense money related impact on most of the United States. INTRODUCTION Most SUV holders accept that they are more secure in a SUV than in an auto. As indicated by the National Highway Traffic Administration, drivers of Suvs were 11% more prone to bite the dust in a mishap than individuals in autos. SUV drivers are additionally more inclined to be tipsy. What's more SUV drivers are less inclined to wear their seatbelts. "Suvs haven't generally been the best decision for well-being, regardless they have a higher danger of rollover than autos, yet our study demonstrates that Suvs are getting to be more secure," said Anne Mccartt, senior VP for examination of the Insurance Institute for Highway Safety. At the point when looking at the passing rates in traveler vehicles with Suvs, autos are still more secure than Suvs. New innovation and overhaul is serving to ease the losses of life. The passing rate has gone down 30% in the...
Words: 2357 - Pages: 10
...larger Expedition, but also of its even larger Excursion. These vehicles took the place of the truck-like Bronco and smaller Bronco II. The largest players in the SUV market (with the number of units sold in 2000) are as follows: 22 [pic] In 1997, most auto manufacturers expanded their SUV offerings and entered the luxury SUV market. These SUVs, with prices around $50,000, featured in-vehicle televisions and VCRs, leather interiors, and all the amenities of luxury cars. The new market entrants are listed below: [pic] By 2000, the U.S. segment of the luxury SUV market was 80.5 percent.23 At that time, SUV purchases constituted one of every five auto sales in the United States and were the highest-margin products in all the automakers' lineups .24 Profits per SUV averaged $ 10,000 per unit. Profits on the Ford Excursion were at the top of the field at $18,000 per unit. At that time, SUVs comprised 20 percent of all of Ford's vehicle sales and accounted for the majority of Ford's profits.25 By the summer of 2001, there were some indications of a slowdown in the SUV market. Many attributed the decrease in sales to the price of gasoline and its escalation. However, vehicles that are crossover SUVs, part-auto and part-truck, appeared to be enjoying an increase in sales by mid-2001 .26 In 2002, there were 750 million cars and trucks on the road around the world; 4...
Words: 4359 - Pages: 18
...vehicles worldwide. Hyundai operates the world's largest integrated automobile manufacturing facility[5] in Ulsan, which is capable of producing 1.6 million units annually. The company employs about 75,000 persons worldwide. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms. Contents [hide] 1 History 1.1 Research and Development 1.2 Business 1.3 Hyundai in North America 1.3.1 United States 1.3.2 Hyundai in Canada 1.4 Hyundai In India 1.5 Hyundai in Europe 1.6 Hyundai in Turkey 1.7 Hyundai in Egypt 1.8 Hyundai In Russia 1.9 Hyundai in China 1.9.1 Beijing Hyundai 1.9.2 Hawtai partnership 1.9.3 Commercial vehicles 1.10 Hyundai in Japan 1.11 Hyundai in the Philippines 1.12 Hyundai in New Zealand 2 Electric vehicles 3 Environmental record 4 Motorsport 5 Model lineup 5.1 SUVs and vans 5.2 Commercial vehicles 6 Concept car 7 Corporate social responsibility 8 Controversies 9 See also 10 References 11 External links [edit]History The world's largest automobile manufacturing plant in Ulsan, South Korea, produces over 1.6 million vehicles annually. Chung Ju-Yung founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967. The company's first model, the Cortina, was released in cooperation with Ford Motor Company in...
Words: 7043 - Pages: 29
...Business Recommendations for Big Drive Auto Trendi Emerson, Gabriel Konigsberg, Brain Bailey, Rebecca Wilson and Oniel Rhooms Economics 561 University of Phoenix | |Possible |Earned | |Content/Development (60%) |3.0 |3.0 | |Logic/Organization (20%) |1.0 |1.0 | |Format/Style/ Grammar/Punctuation/Spelling (20%) |1.0 |.8 | |Total (100%) |5.0 |4.8 | Your content in this paper is very good, but you should review the use of citations and how to match them to the reference listing. You must list the scenario as a reference so you may cite it appropriately. Please use the proper naming convention for assignments attached to your post (the file name, not the subject). Business Recommendations for Big Drive Auto Big Drive Auto is a dealer of several manufacturers' cars and trucks, in several states. Citation?Several business recommendations have been made to ensure success of Big Drive Auto. The recommendations include pricing strategy, non price barriers and product differentiation. These recommendations...
Words: 1723 - Pages: 7
...Luxury Car Retailing & Trends Executive Summary A luxury car is indeed a status symbol that is a reflection of one’s personality and power in society. There is a steady increase in luxury car customers globally as there is a rise in income, wealth and urbanization. It is more of a dream come true of the rising middle class to purchase and own a luxury car. After the global financial crisis (Reyneke et al., 2012) hit the luxury auto market, it was interesting to find that the younger generation maintained their spending habits and joined the baby boomers who were already major consumers of luxury cars. However, the concept of cars being a boy toy has certainly evolved with the emergence of female consumers . These women are driven by their need to showcase their power and independence. The finest example are the Chinese and Middle Eastern women who have come out of their cocoons and protested against a male dominated culture and purchasing luxury cars were a part of that change. As the younger generation have become more environmentally conscious, luxury car retailers have adopted the ‘go green’ concept by bringing out diesel run and electric cars. Another trend that is picking up is the customization of cars. Luxury car retailers have chosen to customize their car for their customers providing them exclusivity and satisfaction as the customers get what they exactly want. The sales for luxury cars from 2012 to 2014 have been forecasted to increase steadily but there are...
Words: 6289 - Pages: 26
...or more specifically, when studying states called swing states. It is said that the results of these swing states can determine the outcome of the entire election. The overall geography of the 2012 Election looked like what most expected it to, with Obama winning with 332 of the electoral votes to Romney's 206 (Andrews, Bartz and Tumgoren). In fact, Nate silver, of the New York Times, correctly predicted every single state's winner. Regions that went to Obama include the West Coast, the Northwest, the Northeast, and Megalopolis. While regions that went to Romney include the Great Plains, the South and the majority of the Rocky Mountains and Great Basin region. However, not all of these regions went entirely to one candidate or the other. In the South, Obama won Florida, as well as Colorado and New Mexico in the Great Plains. Another split region was the Rocky Mountain and Great Basin region, with Romney winning Arizona, Idaho, Montana, Utah and Wyoming and Obama winning Colorado, Nevada and New Mexico (Andrews, Bartz and Tumgoren). This divide between Obama and Romney in different states and regions begins to show a pattern. The majority of states that Obama won are states with bigger cities, meaning bigger populations. When it comes to demographics, there were a few different groups that came into the picture in making a difference for the winner. The most predominate ones being age and race. For example, exit poll results showed that Americans under 30, who made up 19% of...
Words: 1357 - Pages: 6
...Chapter 15- Problems and Problem Cases: Problem 10 “Gianni Sport was a New York manufacturer and distributor of women’s clothing. Gantos was a clothing retailer headquartered in Grand Rapids, Michigan. In 1980, Gantos’s sales total was 20 times greater than Gianni Sport’s, and in this industry, buyers were “in the driver’s seat.” In June 1980, Gantos submitted to Gianni Sport a purchase order for women’s holiday clothing to be delivered on October 10, 1980. The purchase order contained the following clause: Buyer reserves the right to terminate by notice to Seller all or any part of this Purchase Order with respect to Goods that have not actually been shipped by Seller or as to Goods which are not timely delivered for any reason whatsoever. Gianni Sport made the goods in question especially for Gantos. This holiday order comprised 20 to 22 percent of Gianni Sport’s business. In late September 1980, before the goods were shipped, Gantos canceled the order. Was the cancellation clause unconscionable?” (Mallor 433). According to the doctrine of unconscionability, the cancellation by Gantos was unconscionable. Gantos was a larger company, and therefore was able to determine the terms of the contract, and Gianni Sport, being the weaker of the two, had no practical choice but to adhere to the terms. Under the UCC, the courts have the power to manipulate the provision containing the unconscionable terms to make the contract just. In this case, I believe the courts would take...
Words: 1439 - Pages: 6
