Nonetheless, this implications of the globalization can also provide some research questions that do concern car manufacturers.
So, the actual impact of the globalization on the automotive industry can be seen as the diffusion of goods, capital, technology, services as well as people.
With the prominence and rise of the technology, the globalization is expected to spread due to the increased communication and trade.
That is to say the inflows can be seen in the form of goods, capital, technology, and workers- all of which can be accounted for using government statistics.
On the other hand we have the outflows of goods, technology, capital and workers are considered to be the ones that do exit the country.
Conclusion
The evolution of the newest technological advancement is inevitable. As we can notice it has contributed quite a lot in many different industries- including the automotive industry too.
