Global Competitiveness Model for the Automotive Industry
Keywords:
Competitiveness, Automobile Industry, ModelAbstract
The automotive industry is represented by ten global powers, each accounting for more than 50% of the total motor vehicles produced worldwide. Countries such as Germany, Japan, China, the United States, and South Korea are the dominant ones. In economic terms, the automotive industry (AI) produces 95.6 million cars and represents US$2.9 trillion, which is vital to the progress of the global economy. This article focuses its research on determining the relevant competitive pillars of the leading economies in the automotive industry to determine the factors that enable these countries to achieve industrial competitive leadership. Using the global competitiveness methodology and its indices, it was found that the domestic market pillar is decisive for achieving such leadership, something that will be discussed extensively in the article.
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