When Mercedes-Benz announced in 1993 that it would be opening a plant in Alabama, it was a milestone. The industry faced decline and consolidation in the 1930s because of the Great Depression During the Second World War , the Canadian sector gave itself over to wartime production, and few non-military vehicles were produced. Perhaps the most pressing hurdle for the industry is the need to meet increasingly restrictive emissions and fuel-consumption requirements in the Western world.
By 1929 the Big Three supplied three-fourths of the American market for motor vehicles; most of the remainder was divided among the five largest independents—Hudson, Nash, Packard, Studebaker, and Willys-Overland. Actually, Apple’s low expectations” at the time were seen as quite ambitious, such was the state of the Smart Phone market.
Heavy industry and complex discrete manufacturers are part of multifaceted, fast-moving supply chains in an increasingly global and competitive environment. The European auto industry is a global player, delivering quality ‘Made in Europe’ products around the world, and bringing in a €100.4 billion trade surplus. Research and development – the Commission has more than doubled the funds available for cooperative research and innovation in the automotive sector for the period 2014-2020. Asia-Pacific accounts for 42.7{c0ab263b3175d981033b17d6eec654a369e659a5af23b80a9510e95dedf16ccb} of the global automotive manufacturing industry value. In 1980 Japan, which had had little automotive manufacturing before the war, became the leading producer, with the European Economic Community (EEC) ranking second. However, the American auto industry reflected the post-war prosperity of the late-1940s and the 1950s. They were related, however, and influenced each other as the industry expanded.
Further, the downturn in the industry in 2008-10 resulted in the Canadian and Ontario governments providing billions of dollars in support for GM and Chrysler, but when those companies re-emerged from their difficulties, their footprints in Canada had shrunk.
Thanks to an abundant skilled workforce, best-in-class cooperative training and an extremely business-friendly economic climate, Alabama has since become home to three more plants and a burgeoning automotive industry that produced $7 billion worth of vehicles and $1.2 billion in parts for export last year.