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Author: | Mortimore, M. |
Title: | Getting a lift: modernizing industry by way of Latin American integration schemes. The example of automobiles |
Journal: | Transnational Corporations
1998 : AUG, VOL. 7:2, p. 97-136 |
Index terms: | COMPANIES LATIN AMERICA INDUSTRIES |
Language: | eng |
Abstract: | The industrialization process in Latin America is very much epitomized by the evolution of the automobile industry. During the import-substituting era, the conflictive relationship between automobile transnational corporations and host Governments produced in countries like Brazil, Mexico and Argentina the local assembly of overpriced, obsolete and poor-quality vehicles. In the new era of heightened global competition, United States and European car producers have responded to the challenge of Asian (Japanese) producers, in part by extending their international production systems by way of regional integration schemes in Latin America. |
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