The article about the automobile industry talks about the creation of a world car. The reason for the creation of the world car is so that it can sell worldwide and so the manufactures can deal with the industry going through globalization. This article talks about the different reason why the world car did not work such as different prices for gas, tastes in cars based on region of the world, and regulations in areas of the world. In the conclusion of this article it talks about the changes need to make the world car more effective around the world and the different changes to the auto industry. Changes to the auto industry include the global market because it allows for the manufactures to sale all over the world and the moving of the industry over geographic boundaries. The writer of the article feels that the world car could be created but only when cultural and economic conditions change with time using globalization.
1. Globalization 3.0 is changing the auto industry by allowing them to even take the time design a world car and what they need to do to make it sell more effectively.
2. Cultural differences make it difficult to create a world car because not all people like the same type of car and the laws of the land are different depending on what part of the world you live in.
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