Global automotive competition and its implications for government and industry Online publication date: Mon, 26-May-2014
by S.S. Keitz
International Journal of Vehicle Design (IJVD), Vol. 11, No. 3, 1990
Abstract: The world's trading nations are involved in an on-going process aimed at liberalising the international trade regime. At the same time the automotive manufacturing sector is among the first to become truly international. This being the case, this important industry is exploring concepts that will become the foundation of a genuine world marketplace. In the process, the companies that comprise the automotive sector are experiencing now the challenge of global competition with all its complexities, uncertainties and dislocations that other industries will someday face. For some firms this new era offers great opportunity, for others difficulties and perhaps extinction. How fairly and efficiently the global marketplace will function largely depends on how well government does its job. How individual firms will fare depends on how astutely they recognise the developments, and how well they react.
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