Archive for category Industry Automotive
Changes in the Automotive Industry
This may be old news to some of you but the automotive industry is not what it used to be. The days of car manufactures making new cars, slapping an expensive price tag on them and then watching happy go lucky customers drive off the lot in large numbers has passed long ago. With the economy being in the worst shape that it has been in in a very long time, people just don’t have money to waist on vehicles the way that they did once upon a time.
In recent months thing have began to stabilize a little more than the last twelve months. In what was being called the automotive crisis many people lost jobs as almost no cars were being sold. Household names Like GM, Ford, and Chrysler all looked to the government for help. A big reason that the crisis took place was because the automotive industry was weakened by a substantial increase in the prices of automotive fuels. With virtually no fuel efficient models to offer consumers the “Big three” of the American automotive industry watched their sales quickly decrease.
Can the Automobile Industry Recover?
Who would have thought that one of the one-time biggest car manufacturer in the world, General Motors, would be filing for Chapter 11 bankruptcy protection, sending shock waves thought the motor industry?
GM is 101 years old, but even its stature as one of the giants of US car manufacturing hasn’t saved it from major problems. Problems caused in part by the economic crisis which is affecting all parts of industry and services in all parts of the globe. And problems caused by GM’s slowness to react to the fact that the world is now demanding smaller, greener cars, even in the US. It is losses of $81bn made over the past four years which have gotten GM to the stage it’s now at. Although the US government will pump billions of dollars in to it, there are many who think it’s a step too far, and the car firm should have been allowed to go under.
The Rapidly Growing Sport Compact Industry
Sport compacts, where they have been and where they are going
The sport compact industry has been around for some time now, starting back with cars like the Toyota Celica and the Acura Integra. Most of us never really noticed it or at least realized how big it was going to become.
Before not to long ago if you wanted to build a hot rod the question was are you a Chevy man, a Ford guy or a Mopar lover. But in this day and age, with gas prices at an all time high and unsurpassed technology, you have to ask yourself, “Import or domestic?” And today all the big manufacturers have at least one good choice for a performance build. Alot of those choices being compact cars!
The Traffic Reporting Industry
A key component to the national highway transportation system is the traffic reporting industry. The traffic reporting industry helps motorists with their daily commute from work, school, the stadium and anywhere else they want to travel to. The traffic reporting industry has been around for decades, at least since the 1960s, and has grown with the growth of the United States population. Reporting influx became popular in the 1960s with the continued growth of major cities across the country.
Rush hour news began in the large cities like New York, Los Angeles and Miami to aid motorists during their commute. Bumper to bumper reports, by today’s standards, include locations where accidents are, road closures, vehicle fires, construction zones and delays. Traffic updates is somewhat of an art for media outlets today as they are used on television, radio and the internet.