Automotive Industry in UK Coursework Example | Topics and Well Written Essays - 10000 words

Automotive Industry in UK - Coursework Example It is here that the researcher has chosen the automotive industry because it has one of the most used product, automobiles. Automotive manufacturing companies such as the Ford Motor Company, Hyundai Car (UK) Ltd, Toyota Manufacturing UK Ltd, and Nissan Motor Manufacturing (UK) Ltd will be the research correspondent. The companies will be analyzed based on their reported facts and figures as to productivity, competence and profitability. This paper aims to be a useful tool for those who are interested in investing into the said industry by looking to the financial ratios to be presented as to its profitability. It aims to be valuable aid for investment decisions. It also aims to be a useful related study to those who would want to perform such a similar analysis in the future. A study conducted by Ernst and Young, a world -respected accounting and auditing firm, shows that the United Kingdom is Europe's favorite destination in terms of monetary investments. After learning of this new research, Trade and Industry Secretary Stephen Byers announced that this is a "ringing endorsement" for foreign companies to set up shop in the United Kingdom. This recognition is when many EUROPEAN countries were made alternative choices. In fact, the Ernst and Young company's Investment Monitor Report shows that the UK had an increase in foreign investments by as much as thirteen percent in 1999. This UK ratio is double the investment increase in the European investment. Also, the market share of the foreign investments has also risen. The accounting firm explained their by findings by stating that there were two thousand two hundred forty three that entered into the European arena which represents a five percent increase in 1999. However, there were five hundred seventy fi ve investments that specifically reached the United Kingdom. This represents a chunky thirteen percent increase for from the prior year investments of only five hundred eight investments in this land of the King Arthur fame in the same year -1999. Further, the United Kingdom companies also invested in the other European countries to the tune of twenty six percent. This is a two percent increase investments (Autoindustry, 2ndMay 2001).In the article Development and Dependency in Southeast Asia: the Case of the Automotive Industry, the year 1988 saw the Malaysian national car, Proton, gain a seventy -three percent share of the Malaysian automotive industry market. One good reason is that the company is the beneficiary of its governments' exemption from complying with the Malaysian government's forty percent ID. This fee is being paid by other automotive manufacturers inside Malaysia. Also, the foreign competitors of the company are being imposed very high import duties on their CBUs e ntering the Malaysian circuit. In the past, Proton had been the mocked by its critics when it just started operations because it had to overcome huge losses which would prod other less -brave and adventurous companies to fold up their operations in this Southeast Asian Country. Happily, Proton was able to survive its real world test and transform a losing automotive venture into a profit generating endeavor with a stroke of