Cars Industry In Us, Look To Canada…..uk’s Jlrover …to India, Tata. Why No One Touch China, Waiting ? ?
Posted by IT CommentatorAug 12
In Asia, Cars industries are from China, Korea & Japan……….they might combine their forces to challenge with the Western block…..UK, US & Canada. What a show of CARS POWER in the new world. Is it a benefit to all?
modern man’s love-affair with the automobile is a gut-feeling – power, glamor, prestige. though it is one of the least efficient modes of travel, the fancy for it spurs on most people in most societies. primarily, it is not of benefit to humans; but because of the secondary appeals, it does satisfy a human urge that seems to be universal. as an industry, it feeds several others, and provides employment and investment both in its manufacture and in its use.
i can’t think of any other industry where international cartelisation has progressed to a greater extent. an english car is produced by a company major shares of which are owned by an indian, but most of the employees are europeans; and the design is from italy. many japanese car companies are closely held by american corporates. and arab millionaires own american automobile companies.
china started with soviet designed cars; but is now internationalized, with design and engineering drawn from all over the world. but the government has a tighter control over the industry than in other countries. that may be the reason why the international cartels do not push chinese models.
They have already! And that’s why G.M., Ford & D.C currently in trouble..