[Solution]Car industry dynamics

The automotive industry started gaining momentum in the U.S during the 1890s, with Chrysler Corporation and Citroen being among the first automotive companies. At the…

The automotive industry started gaining momentum in the U.S during the 1890s, with Chrysler Corporation and Citroen being among the first automotive companies. At the time, the U.S only had few companies engaging in the manufacture of cars, including Thomas B. Jeffery Auto Company, Chrysler and Citroen Assembly Company. The automotive companies at the time experienced fast growth because of the high demand for vehicle across the world (Guajardo, Cohen & Netessine 2015). As the time went by, new companies started to emerge both in the ……..
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