Sunday, February 20, 2011

Entrepreneurship: Feb. 21st

How has the competitive landscape changed as a result of leading entrepreneurs in the industry?

Although the economy is tough and people are cutting back on their expenses the auto industry is becoming more and more competitive as its leaders and entrepreneurs crank out new ideas. There are so many ways to change an automobile to make it much more of a hot product. There is an automobile for everyone. If you are a person who wants to save the earth and go green there are hybrid or fuel efficient cars. If you are a construction worker and carry large materials, there are all kinds of trucks out there. If you are a soccer mom there is a mini van with your family name stamped on it. There are vehicles for everyone and for everyone's needs there are entrepreneurs thinking of new and innovative ideas to get your attention and to get you to purchase their product. GM and Ford fought over who had the better muscle car. A lot of people love muscle cars and want the best. GM won with its new Chevy Camaro; "Camaro outsold the Ford Mustang for the first time since 1985." I am sure that GM worked hard to accomplish this. Now Ford must try and win their title back for having the best muscle car. In order to stay on top the leaders in this industry are always trying to think of something bigger and better.

1 comment:

  1. That's right! There is a car for each type of people that serves them the most. I couldn't believe that Camaro beat Mustung in the competition since 1985!! Chevrolet might have been done a great effort to accomplish that.

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