The present day United States is having economic problems. Three major(ip) automaker companies are on a verge of a bankruptcy: crossway, Chrysler, and General Motors (G.M.). The American automakers are genius of the approximately important industries in the American economy. Barack Obama called automakers the backb bingle of American manufacturing. Currently, the American automakers are making attempts to create hybrid cars and fuel-efficient cars. Consumers show more(prenominal) than occupy in smaller cars. Smaller cars are more fuel-efficient and they are friendly to the environment. If the hulking Three companies were to collapse, it would cost at least(prenominal) triplet million jobs. More jobless citizens allow for be unsatisfactory and Barack Obama has to make a bold imprint in his commencement hundred days of presidency. In his first one hundred days, President Obama should only rescue 3 of The large Three automakers if they agree to meet s pecific environmental regulations done the production and development of hybrid cars that will alter our body politic to become a greener nation. In the early eighties of the American car industries, cars such as the Chevrolet Corvette, the Ford Mustang and Ford Taurus, and the Chryslers K-car were fuel-efficient and gave their companies an enormous boot. (Micheline 6). In 1999, while we luxuriated in $1.
26 for a gallon of oil, Germans were even uping $3.62 and the Japanese $3.26. It is not a rabies that foreign manufacturers came to perfect the production of smaller, more fuel-efficient cars: their customers could n ot pay to run thirstier vehicles. (Moritz 1! 0). The Big Three American automakers are creating a wide range of cars and are still selling less. amidst the Big Three, General Motors, Ford and Chrysler sell one hundred and twelve different car and truck models through 15 brands in the United States.(Vlasic 1). By contrast, the top three Japanese automakers-Toyota, Honda, and Nissan have roughly half as more choices with fifty-eight models combined...If you want to get a full essay, revisal it on our website: OrderCustomPaper.com
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