Abstract
The importance of the automobile industry in the world’s economy would be hard to overestimate. By any measure, the top auto manufacturers are among the world’s largest firms. There are 4 million workers directly producing automobiles, with another 16 million involved in component production, sales or service (Dicken, 1992, p. 268).
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Notes
American Automobile Manufacturers Association, World Motor Vehicle Data 1993 (Detroit: AAMA, 1993), p. 2. Excluding Spain from the LDC group changes the LDC proportion to 0.46 per cent in 1955, 2.43 per cent in 1965, 4.13 per cent in 1973, 5.61 per cent in 1979, 7.71 per cent in 1988, 10.21 per cent in 1991, and 14.94 per cent in 1993.
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© 1997 Kenneth P. Thomas
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Thomas, K.P. (1997). Structure and Mobility of the Automobile Industry, 1960–94. In: Capital beyond Borders. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25472-9_4
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DOI: https://doi.org/10.1007/978-1-349-25472-9_4
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