Regulatory determinants of US automotive market structure – an overview
Journal Title: Annals of Marketing Management & Economics - Year 2016, Vol 0, Issue 0
Abstract
Governments have different measures at their disposal to influence the car market and thus achieve particular goals. Indirect interventionism, thanks to i.e. environmental regulation, should include social welfare. The American automotive market is more than 100 years old and has been the subject of various regulations that have shaped its structure. The Big Three of the US car industry (General Motors, Ford Motor Company, Chrysler) has changed over the last 50 years into The Big Six, which now includes Nissan, Honda, and Toyota. Analysis shows how fiscal and environmental policies influence particular sectors. This should be a revealing lesson for Polish automotive market regulators, especially when we need to deal with our own problems, such as the high average age of vehicles. The article also describes government activity in rescuing a key national economic sector. The financial crisis of 2008 showed that market mechanisms are not sufficient. Possible further losses related to the collapsing car industry forced the government to take control of the bankruptcy of GM and Chrysler.
Authors and Affiliations
Tomasz Mutrynowski
Keywords
Related Articles
- EP ID EP170557
- DOI -
- Views 129
- Downloads 0
Insights into the choice and decision making to study at a selected British university in the example of Polish students at the university global fair in Poland
The paper investigates what motivates Polish students to study in the UK. The research is based on Polish students who attended the University Global Fair in Warsaw, Poland in 2015, and were inclined to study at one Brit...
Development of social capital by strengthening of digital competences among groups exposed to social exclusion
Competitive advantage in the professional market is shaped by the competences possessed, i.e. skills, qualifications, and permissions. One of the eight types of key competences mentioned in the European Union documents i...
Multi-Level Marketing. Features and controversy
Multi-Level Marketing is a kind of novelty in the business reality. The greatest popularity gained in Western countries, where it functions as a kind of hybrid method in distribution of the goods with the design of the s...
Diversification as a modern growth strategy in agriculture
The aim of the article is to examine the theoretical foundations of diversification strategy and identify the characteristics of its application in agriculture. The relevance of diversification strategy research is that...
The role of Hévíz Sludge cosmetics in beauty care at the Danubius Health Spa Resort in Hévíz with special regard to the Kaviczky product
The paper presents the effect of the Hévíz Lake sludge on health and beauty, with particular emphasis on the beneficial properties of the Hévíz sludge ingredient in cosmetics, which is mainly presented with the Kaviczky...