Contract, expand, adapt: the auto world's all-at-once imperative

Article Abstract:

Motor vehicle manufacturers are applying new management strategies to cope with international competition and trends. The general trend for automakers has been to tap developing markets in Latin America and Asia by constructing oversees manufacturing plants in the said region. General Motors is scheduled to open its new $1.6 billion plant in Shanghai, China as a joint venture with a local manufacturer. Fiat, Ford, and Nissan, on the other hand, are investing to upgrade their existing plants in Spain to improve efficiency levels to European standards.

Motor Vehicles & Parts, Transportation Equipment Manufacturing, Motor Vehicles and Equipment, Management, Europe, International business enterprises, Multinational corporations, Automobile industry, Asia

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New cost factors spur interest in Eastern Europe

Article Abstract:

Issues concerning ways in which European Union countries can become attractive to business investors from the United States are discussed. Particular attention is given to Easter European counties due to join the European Union and where the work force is still cheap.

International aspects, Investments, International relations, European Union, United States foreign relations, Business enterprises

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