Porter’s Five Forces: American Automotive Industry
Abstract
Within the framework of Porter’s Five Forces Model, this research analyses the automobile sector in the United States of America. There are five potential factors that form every sector and impact the strengths and weaknesses connected with an industry, according to Porter’s 5 Forces model. This model diagnoses and assesses these forces, which are then used to define the structure of a sector. Supplier power and buyer power are among the five competitive factors that have an impact on the success of the American automotive industry. These forces include the threat of substitute products, rivalry within the sector, threats provided by new industry entrants, and supplier power.
