Develop a detailed paper applying Porter’s Five Forces Model to the American automotive industry. Your paper needs to include at least three scholarly sources, i.e. peer reviewed articles. I strongl

************ automotive ******************************* ********** industry2 Abstract *** ********** ******** ** *** ****** States ** ****** ************ **** *** *** **** ***** ****** *** ** the market share *** ******** automotive ******** *** **** ********* by Ford ******** *** ******* ****** for the ******* **** ******* **** *** ********* and *** ****** of ****** ************* the ******** is losing *** ****** ***** ************ *** globally The entry ** ******* competitors **** as ****** *** ***** *** ******* *** ********* ** *** ******** *************** ** **** ** its ******* This ***** focuses on *** ******** ********** industry ****** *** Porter’s Five Forces Model ********* * ************ The ******** Automotive Industry ***** ** 1890s and ******* ******* ******** By **** *** ***** vehicle ******** was ********* by General ****** Chrysler *** Ford companies *** Automotive ******** ** America *********** ******* ** *** economy of the ****** ****** The industry ***** **** *** US ******* ****** from *********** *** ******** domestic ********** and ******** ** employment According to a *** ****** released by ******** of ********** ************* the ******** ********* $ **** *** ********* *** supports **** 7 ******* jobs ** *** private ****** **** **** *** industry *** contributed ***** 4% of the Overall US ***** ******** ******* Notably for the **** ** ***** *** ******** *** **** faced **** ******** crises and ** **** *** ******** *********** ********* ******* *** the *** ***** US ************* ****** ****** ******** ********** & ***** ***** *********** **** *** ********** ************ *** ******** has ******** *** shown *********** growth **** **** General ****** *** ******** ****** the lead ********* **** Industry definition The ******** ********** ******** ********* ***** *** companies ****** with wholesaling retailing maintenance *** ********** ** ***** vehicles ***** ********* are involved ** ****** ***** ****** ********* **** *** ******* *** *** ******** Regular diction ******* the industry ** *** automobiles manufacturers’ ********** *** ******* ****** of ***** ********** refers to *** ******** ** *** automotive ******** *** the ******* ** analysis 32 ******** ******* The Automotive ******** has **** ********* ** **** General ****** *** ******** companies ***** *** referred to ** *** *** ***** **** the ***** *** ***** companies **** ******** nationally domestically as **** as ******** and **** absorbed various small ************* in *** ******** *** ******** major *********** include ****** Honda ****** *** ************ The ****** States automobile industry *** ****** ******* ** about $ **** ** 2012 ******* ****** *** ****** 20% ** ****** ***** Ford ***** *** *** ****** ***** *** ******** *** *** US ****** ***** ** *** ******** ********* *** ********* ** *** ******** is **** ** ** ************* ****** *** ******** ** controlled ** * few ************** *** of *** ******** ****** ** ********* by four companies ***** *** ** *** ****** is dominated by ***** firms The *** ***** ********* in ** ******* ** a ****** *********** *********** ***** ******* **** ** form mergers **** *** ************* automakers 34 Future ******* *** industry future ******** ** expansion ** its marketing overseas which will lead to ********* demand Manufacturing expansion ** other countries will **** *** ******** ****** *** ********* *** ************** ***** **** ** will ***** *** industry ** **** access ** ******* ******** at * low **** ********* ** *** CAR ****** *** sales of *** ******** *** bound ** increase from 2013 ** 2018 ** 128 * ******* ******* to enable *** ******** to remain *********** *** ******** ***** to ***** *** ************ ** **** in *** ********** *** manufacturing ******* ******* ******** ** the ******** ** *** *** ** ******** ******* that **** ****** *** ******** ****** ***** ***** ****** ******* ********** ************ ** ****** * ******* Five ****** ******** ******** ** industry *** **** *********** ****** which **** ** ********** ** industry ********* as well as evaluating *** ********* position ** ** ******** ****** ******* **** *** ***** ****** be ******* at ** ******** ***** in ***** ******* services or products are ******** *********** ***** ** ********** ***** ** Buyers ********* ** ***** **** ****** *** ****** bargaining ***** should not ** ** * position of overstating; ** *** ***** ***** ************* ** ******** ********* on customers nature Buyers ******* ******** ******* ** ******* returns ** *** **** of *** seller *** ****** ********** power in the ******** ********** industry ** ********** **** The ********* ******* ********** ***** *** ** ********** ** the ******** ** the *** three ********* ** *** ****** States which has *** ******** market share As * result *** buyers’ purchases **** ** *** ************ output *** **** are * *********** portion ** *** revenue ** *** ******** ******** the buyers **** * *** ********* cost ** case **** *** *** ***** *** reason *** the ****** ** *** ****** **** ********** ***** ** because *** ****** are *** Also *** buyers ** not **** *** power ** ********* backwards **** *** American automotive ******** ** **** ******** the cars **** * dealership However the rise ** ***** companies **** ** ****** **** the ****** ****** *** created *********** The ******** is ********** by * *** ************* and *** *********** **** ********** the ********** ***** of *** ******* ******** *** power ** *** ******** ** **** ********* ** the ******** prices **** *** **** ******** in *** ****** ****** ******* automobiles *** * ********* *** *** ****** have to **** **** *** ******* thus ******** *** ****** ********** power ********* the buyers **** ****** ******** ** *** ******** *** ** *** **** ******** ***** to influence the prices ** the ********** ******** 42 ********** ***** ** suppliers In *** ***** ****** points *** **** fewer suppliers **** ** **** a **** ********** ***** *** *** ******** **** ****** ** ******* ** **** suppliers ** the American ********** industry the suppliers **** *** ********** power ********** ********** requires *** use ** **** ***** ***** *** need ** many ********* The ********* ** many suppliers ** the ******** makes *** ********* ** have *** ********** power *** ********* of the ******** ******* dealers and ********* ** *********** components **** ** ***** ******* *** ***** *** ******** **** ******** ** ********** ******* ******** *** *** ********* ***** ******* ********** **** *** ******* ******** *** ************ of **** ********* ** the ******** enables *** ************* to easily switch ********* Having * *** ********** ***** *** suppliers have ** sell ***** raw ********* as **** ** ***** ******** ** a lower price *********** the ********* ** *** impose high ****** ** their components ** *** ******** *** ***** **** of suppliers ********* *** ******** ********** the ****** of the components *** *** ********* ******** ** *** ********* ***** *** ************* ** the ******** ************ *** ********* **** few ******* ** American ********** ******** ** ********* ** the *** ***** ********* *** ********* do *** **** other companies ** ****** their *** ********* and ********** at a ****** ***** ** Competitive ******* ** the ******** *** ******** ** other companies **** the industry *** led ** ******* competition ******* in *** industry ******* manufacturers **** ******* ************ their ********** ** ******* which *** **** *** ****** ***** of *** ******** ******* ** ******* *** ************ *********** **** ** compete ** non ******** ********** ***** *** led ** ******* *************** Further with *** trends **** ** ****** *** **** ********* versions *** ************* in *** ****** States **** **** comparative ********* ****** **** ****** ** * result consumers *** ****** ********* ** ***** ****** as *** switching ***** *** *** Notably *** *********** between **** ******* ****** *** ******** ***** ** profits ******** *** all *** rivalries ******* rivalry in *** ******** leads ** ********* *********** ***** ***** results ** low profits ***** ** oligopoly the ******** automotive ******** *** managed ** ****** *** *********** *********** ******* ************ the ******** has ******* *** *********** competition *** recently ********* **** ******* *** ****** based *********** which *** ****** ** ****** *** ********** customers44 Threat ** *** Entrants ** the ******** ********** ******** formation ** ******* ****** ********** as ******** ** *** ******** *** ** *** **** ***** ******** ** ***** into *** industry ******* **** the ***** *** ******** ***** ** ******** ********** ****** ** ******* *** **** ******* ********* ** **** and establish ***** ********** ****** ** *** ****** States *** instance ***** ***** Company *********** its ***** ***** in Ohio **** ****** ******* has ***** its production ***** ** ******* ********* Toyota Motor Sales *** *** * *** ****** ***** *** ** ** *** ****** ******* holder of *** sales of ****** ********** The ******** Honda ***** ******* *** * *** market ***** and ** the ***** ******* ****** ** the ***** ** ****** ********** *** ********* ** *********** *** **** ******** ************ ********** ****** *** capital *** *** ** *** **** ** *** ******** **** *** ******** ********** industry 45 ****** ** *********** ********* ** ****** (2008) threat ** substitutes ******* the ******* **** *** ******** ***** Less *********** in *** ******** ***** that ***** is ******* ****** ** *********** ***** high ************* ** *** firm *** ****** ***** *** ************* of an industry gets ********** when substitute ******** are ******* ** * lower ***** **** *** ********* **** ** * ******** ** low In the ******** ********** ******** ****** ** ********** *** not ***** as *** industry ** ****** ********* ** the *** ***** Despite ******* *********** ******** **** the ******** ****** ** *********** ** *** a ***** ******* at *** ****** *** ********** ******** ********* **** ******* ******** *** ****** manufacturers **** ******** ******* ** *********** *** ********** ***** *** ******* them ** ******* **** ********* ***** customer ******* ** well ** ***** ****** ** new *********** *** **** cost required ** *** ******** has **** ******* *** emergence ** *** *********** ******* **** ********** *********** ******** *** ******** automotive ******** ** bound ** ** ***** with *** **** of *** *********** Increased *********** **** **** to the **** of *** *********** which **** ****** *** industry’s market ***** *** ******* * ********** In conclusion *** ********** ******** ** ******* *** contributed ** *** ****** ** *** ****** ****** ******* ********** creation ********** *** ******* It is evident **** ***** ** ******* *********** *** **** *** ******** automotive industry *********** The competition *** **** *** ******** develop new ********** *** ******* *** *** ****** designs The domination of the big ***** in *** ******** *** **** *** ****** *** suppliers bargaining power ** ** low However **** increased competition *** ********* and *** buyers ********** power ** ********** ************ *** ******** ************* ** **** ** market ***** ** **** ******** ** *** ******** *** *********** ******* *********** ******* has reduced *** ************ ******* *** increased *** ******* costs ************ ********** of *** ******** and designs by ******* *********** has made *** consumers ** switch ** ***** ****** ***** *** industry low *********** advantage * *************** * ***** * Netessine * ***** ******** M ****** *** ****** of *** ******* ************ ** ***** ************ ** *** ***** American ********** ******** ********** ******* ****** ************ * * *********** * ***** *** * * ****** *********** *** ******* ********** by ** Automobile ************* ********** An ********** PerspectiveMoatti V *** C * ***** * & Dussauge * ****** ************* the *********** effects ** ********** and ********** power ** ********** ****** *********** ** empirical ************* ** *** global ****** industry ********* ********** Journal 36(5) *************** * * (2008) Competitive ********* ********** *** analyzing ********** *** *********** ***** and ******************** * * ****** Strategic ********** ********************** * ***** ***** * B (2013) ********* *** **** ***** Rise ** *** ******** ********** Industry ***** *** ********

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