The New Role of Government in the Automobile Industry

The New Role of Government in the Automobile Industry - The...

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The New Role of Government in the Automobile Industry The government constantly has played an important role in the motor vehicle manufacturing and its close infrastructure. Security, green performance, and trade regulations are just a small amount of areas in which government has had a persistent control. Government has also habitually funded and maintained the transportation system and in the latest years, has promised to participate more in creating energy policies with the purpose of straightforwardly relate to motor vehicle business. On the other hand, in no way before, not even at an all-time low of the Grand Depression has the United States government intervened to the degree it has these days in the financial process of an automobile firms for purposes of profitable strategy. Certainly, the current level and rate of the macro/financial crumple of the global economy has required many governments globally to recognize the not-always-popular choice to maintain their nationwide automotive industries. Some of the regulations set in place for automakers are: A) The Federal Regulation (FRA) 49 CFR 180.55 - This regulation basically requires that the gas tanks in vehicles be inspected often during the life of service. B) Corporate Average Fuel Economy (CAFÉ) –CAFÉ was establishing in 1975 when
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This note was uploaded on 05/14/2011 for the course MGT 449 taught by Professor Various during the Winter '08 term at University of Phoenix.

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The New Role of Government in the Automobile Industry - The...

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