Abstract
The 1950s and 1960s were considered the golden era of the automobile, led by Ford, General Motors and Chrysler. Progress in industrialization led to the growth and production of the Japanese and German automotive markets until by the early 1980s Japan had become the world leader in US markets. In the 1990s, the world automobile industry experienced an unprecedented scale of change in the context of economic globalization. Late in the decade, the automobile industry witnessed problems of overcapacity that necessitated M&A and strategic alliances.
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© 2012 B. Rajesh Kumar
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Kumar, B.R. (2012). Mergers and Acquisitions in the Automobile Sector. In: Mega Mergers and Acquisitions. Palgrave Macmillan, London. https://doi.org/10.1057/9781137005908_9
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DOI: https://doi.org/10.1057/9781137005908_9
Publisher Name: Palgrave Macmillan, London
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