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The Automotive Industry


Submitted By jeswide1
Words 1111
Pages 5
The Automotive Industry Recovery

Prepared for:

Transmittal Letter

SUBJECT: Report Overview

The following report discusses the automotive industry recover from the “Great Recession” that occurred in 2008/2009. Information presented will be the state of the automotive industry before the recession, after the recession, how the industry is doing now and how the future looks for automakers.


The Automotive Industry Recovery 1
Transmittal Letter ii
Contents iii
Figures iii
Executive Summary iv
Introduction 1
Finding 1
Pre-Recession 1
Post Recession 2
How is it now? 3
The Future Outlook 3
Analysis 3
Summary 3
Conclusions 4
Reference 5


Figure 1, Annual Auto Sales in the U.S. 2

Executive Summary

The Automotive Industry was hit hard by the “Great Recession”. Jobs and sales declined rapidly as the economy and Americans were coming up short financially. After a couple years and some restructuring the automotive industry started making a comeback. Increasing sales by focusing on consumer needs helped bring workers back to work. Now the industry is booming again with continued growth in the future.

The Automotive Industry Recovery

The nationwide effect from the Great Recession on the auto industry was apparent everywhere. With the bail-outs of some of the big auto makers and loss of jobs, the economy really went into a slump. But with the automotive industry appearing to be on the up rise, there’s one question lurking in the many heads of the auto workers as well as the consumers. Will the U.S. automotive industry rebound to its pre-recession fame and glory?
This report will focus on pre-recession, post-recession, the current state of automotive industry as well as the future outlook of the automotive

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