Globalization of the automobile industry
The Japanese automobile industry has spearheaded a globalization drive that began before World War II with its use of foreign technology. This internationalization effort relied on the export of initially subcompact cars to the United States followed by capital investments in overseas manufacturing plants and the transfer of technology. A concerted move into the luxury car market has brought the Japanese into direct competition with European makers even as joint ventures and equity investments are made in Europe. In this article, corporate decisions to expand abroad are discussed along with how these moves were facilitated by the revolution in global finance and the concurrent growth of the Japanese financial sector. © 1991 Taylor & Francis Group, LLC.
EMJ - Engineering Management Journal
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Hiraoka, Leslie S., "Globalization of the automobile industry" (1991). Kean Publications. 2847.