U.S Automobile Industry's Share of the Market

The U. S. auto industry's share of the market has experienced fluctuations over the past 50 years. These fluctuations have been caused by many reasons, but some of the main reasons include quality, price, and foreign competition. The Ford Motor Company, General Motors Company, and the Chrysler Corporation, a.k.a. 'The Big Three', are the three largest manufacturers of automobiles in the world. ' The Big Three' hold nearly 75% of the market and produce over 8 …

…even increase. Today, the ' Big Three' is able to produce top-of-the-line, fuel efficient, affordable cars to compete with imports. The ' Big Three' also leads the way in research on alternative fuels and designs that will make automobiles more efficient and less polluting. In conclusion, the United States automobile industry, which pioneered processes and technology in the early 1900s, has returned as the leader and will lead the auto industry into the 21st century.