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A concise 1995 review of the strengths and weaknesses of the British motor industry during the one hundred years since its foundation.
Economic analysis of the motor vehicle industry in the UK - recounts the historical evolution of the industry, covers the industrial structure of the automobile industry and the truck industry, the supply and demand for motor vehicles, competition, financial aspects, exports, labour relations, etc., and includes a comparison of development in the USA and elsewhere. References and statistical tables.
Cover page -- Halftitle page -- Title page -- Copyright page -- Title Page -- Copyright page -- Contents -- Figures -- Tables -- Contributors -- Preface -- 1 Motor vehicle manufacturing: the representative industry -- 2 The world automotive industry intransition -- 3 New horizons? The Third World motor vehicle industry in an international framework -- 4 The transformation of the Japanese motor vehicle industry and its role in the world: industrial restructuring and technical evolution -- 5 The impact of Japanese investment in the United States -- 6 Nothing new about Nissan? -- 7 Motor components: locational issues in an international industry -- 8 Vertical integration or disintegration? The case of the UK car parts industry -- 9 Restructuring the Swedish manufacturing industry - the case of the motor vehicle industry -- 10 Subcontracting in the motor industry: a case study in Coventry -- 11 Industrial restructuring and the labour force: the case of Austin Rover in Longbridge, Birmingham -- 12 Policy implications of trends and changes in the vehicle and components industries: the case of the West Midlands -- Bibliography -- Index
Cover page -- Halftitle page -- Title page -- Copyright page -- Title page -- Copyright page -- FOREWORD -- CONTENTS -- CHAPTER I Historical Introduction -- CHAPTER II Structure of the Industry -- CHAPTER III The Demand for Vehicles -- CHAPTER IV Technique of Production -- CHAPTER V The Structure of Costs -- CHAPTER VI Economies of Large-scale Production -- CHAPTER VII Competition in the Car Market, 1929-1956 -- CHAPTER VIII The Nature of Competition in the Industry -- CHAPTER IX Profits and Sources of Funds -- CHAPTER X Future Prospects -- CHAPTER XI Conclusions -- APPENDIX A The Capital-Output Ratio in the Motor Industry -- APPENDIX B Comparative Productivity and Prices in the British and American Motor Industries -- APPENDIX C The Relative Prices of British and Continental Cars -- APPENDIX D STATISTICAL TABLES -- LIST OF CHARTS FIGURES AND TABLES -- INDEX.
This book analyses the multinational enterprise using the example of the world motor industry. It begins by examining the multinational enterprise in general, considering its nature, the economic theory of its behaviour and is effects on the nation state. It goes on to explore the growth and development of the multinational motor industry, and then surveys the state of the motor industry, and the role of multinationals in it, in various types of economy, using case studies from the UK, USA, Canada, Australia, Brazil and India.
First published in 1980, this book considers the British motor industry over the period between 1945 and 1979, analysing the ways in which the industry suffered a considerable decline in the post-war era, when compared to motor industries of other countries or to most other British industries. Rather than blaming labour and management, as has frequently been the case, the author argues that the decline can be traced back to poor government policy. Tracing how, when and where government policies affected the industry, the book examines policies clearly directed at the motor industry, such as transport legislation and motor taxation. In addition the work considers the consequences of many policies which were targeted only indirectly at the motor industry as the author argues that whilst government policy may have succeeded in its aim, e.g. improving employment for the balance of payments, the motor industry may have suffered as a consequence. Written in non-technical language, the reissue will be of interest to those concerned with post-war UK economic development, the UK motor industry in particular and the history of government policy in general.