Keywords: USA, United States, automobile industry, trade policies, automotive transplants, auto industry, joint ventures
The US auto industry: historical background, trade policies, and new challenges
The US trade policy contributed to the Big Three US automakers completely dominating the US and World auto markets. Today, the Big Three no longer overwhelming dominate their major competitors. Foreign 'transplants' have built major production facilities on US soil, while simultaneously the Big Three are investing heavily in production facilities in foreign lands. To further complicate the identification of industry players, US auto firms are joint venturing with foreign competitors in a variety of locations. This paper explores how trade policies may have impacted many of the changes in this industry.