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Creating value through global strategy

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Please provide a detailed analysis by using various industry reports to discuss how the automobile industry is doing in the United States of America by responding to the following:

1. What is the comparative market size of the automobile industry in the United States by 2019? (For example, you can use something like the number of passenger car registrations to size the automobile industry, other metrics for other industries) and how might that impact your decision on prioritizing the US in your global business strategy?
2. What is the comparative growth, both in absolute terms and in percentage terms from 2014 to 2019 for the automobile industry in the United States and how might that impact your decision on prioritizing the USA in your global business strategy?
3. What is the profitability of the Automobile industry based on the level of competition? Who are some of the key company players (both multinational and local) in the Automobile industry in the United States and how competitive is the industry in the US, and how might that impact your decision on prioritizing the US in your global business strategy?

Please use sufficient credible resources and cite them in your analysis as well as list them under references underneath.

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https://brainmass.com/business/strategy-and-business-analysis/creating-value-through-global-strategy-623499

Solution Preview

Please provide a detailed analysis by using various industry reports to discuss how the automobile industry is doing in the United States of America by responding to the following:

1. What is the comparative market size of the automobile industry in the United States by 2019? (For example, you can use something like the number of passenger car registrations to size the automobile industry, other metrics for other industries) and how might that impact your decision on prioritizing the US in your global business strategy?

In reference to the next decade, there will be competition for internet-connectivity within cars as well as autonomous vehicles wherein the global market for autonomous driving hardware within cars is expected to exponentially grow to upwards of $40 billion U.S. dollars by 2030. In reference to car registrations as a metric for determining the growth of the automobile industry within the U.S., the U.S. is still recovering from the Great Recession and the significant economic downturns that occurred as a result, which required the major car companies to receive bailouts to stave off bankruptcy and prevent further market turmoil. The researchers in this article utilized the most recent economic data for estimations of future motor vehicle ...

Solution Summary

The expert examines creating value through global strategy. The comparative market size of the automobile industry is determined.

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