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5 November, 08:14

How has increasing globalization affected the auto industry in the U. S.?

The U. S. auto industry grew from insignificant to world dominance.

The U. S. auto industry declined as competition from other countries

increased

The U. S. industry has maintained their market share as globalization

increased.

The U. S. auto industry was destroyed by globalization and is no longer

competition

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  1. 5 November, 08:17
    0
    A. The U. S. auto industry grew from insignificant to world dominance.

    Explanation:

    In 1975, globalisation brought many changes to the American Automotive Industry. Globalisation brought in competition in the United States market. This happened because of the changing emissions standards. The American automobile industry had to adjust to the new emission standards and the fuel economy requirements of the Energy Policy and Conservation Act. The new requirements caused the Americans to lose their urge to invest in larger and higher output vehicles.
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