Global Automotive Industry

Introduction

The automotive industry comprises of all the corporations and undertakings that are convoluted in the production of motor vehicles containing maximum machinery such as locomotives and bodies but exclusive of fuel, tires and battery sets ( Jarillo, 2013). The main merchandises in the automotive industry are light trucks and passenger automobiles such as vans and sport service automobiles among others. Transport trucks, Lorries among other commercial automobiles are secondary to the industry as much as they are very important for the success of the automotive industry. Although market structures exist in theory, sometimes their real-world attributes do not align. This paper discusses the market structure of the Automotive           Industry