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impact of the recent economic crisis in the U.S

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Discuss the impact of the recent economic crisis in the U.S. on the automobile industry, with special reference to the operating costs and auto sales in the industry.

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The solution discusses the impact of the recent economic crisis in the U.S. on the automobile industry, with special reference to the operating costs and auto sales in the industry.

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The impact of recent economic crisis in the U.S. on the automobile industry has been severe as automobile industry is considered bellwether of the economy and any recessionary trend in the economy has a considerable negative impact on automobile industry. Further, recession in the US markets which is the largest automobile market for all major automakers, creates a major trouble for automakers as they heavily rely on sales in U.S. to sustain their growth and ...

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