Wednesday, September 14, 2011

2.2 Automobile Industry

       In the article "Automobile Industry" I read it talked about how over the years Globalization 3.0 has changed the automobile industry drastically. More countries around the world are demanding more automobiles and Globalization 3.0 is making that happen because of the "flattened" world theory. Also, car companies around the world are trying to come up with a "world car", a basic car with a few modifications can be sold all over the world in different countries.
      The first question on the very next page asked, "How is Globalization 3.0 fueling change in the auto industry?" More countries are using more and more resources, in which they demand more products for their country. The second question on the same page asked, "Examine how cultural differences make it difficult to create a world car". The cultures have different taste and preferences they like making it hard to come out with a world car that will suit everyone's taste.

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