The present day United States is having economic problems. Three major(ip) automaker companies ar on a verge of a bankruptcy: crossway, Chrysler, and General Motors (G.M.). The American automakers are genius of the closely important industries in the American economy. Barack Obama called automakers the backb single of American manufacturing. Currently, the American automakers are making attempts to create hybrid cars and fuel-efficient cars. Consumers show more(prenominal) than sake in smaller cars. Smaller cars are more fuel-efficient and they are friendly to the environment. If the large-scale Three companies were to collapse, it would cost at least triplet million jobs. More jobless citizens allow for be unsatisfactory and Barack Obama has to make a bold imprint in his commencement one hundred days of presidency. In his first one hundred days, President Obama should only rescue 3 of The medium-large Three automakers if they agree to meet specific environmental regulations with the production and development of hybrid cars that will alter our rustic 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 lucreing $3.62 and the Japanese $3.26. It is not a frenzy that foreign manufacturers came to perfect the production of smaller, more fuel-efficient cars: their customers could not pa y to run thirstier vehicles. (Moritz 10). T! he 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 xv 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 58 models combined...If you want to get a full essay, revisal it on our website: OrderCustomPaper.com
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