The Automotive Industry and European Integration
The Divergent Paths of Belgium and Spain| By: | A. J. Jacobs |
| Publisher: | Springer Nature |
| Print ISBN: | 9783030174309 |
| eText ISBN: | 9783030174316 |
| Edition: | 0 |
| Copyright: | 2019 |
| Format: | Reflowable |
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This book chronicles the divergent growth trends in car production in Belgium and Spain. It delves into how European integration, high wages, and the demise of GM and Ford led to plant closings in Belgium. Next, it investigates how lower wages and the expansion strategies of Western European automakers stimulated expansion in the Spanish auto industry. Finally, it offers three alternate scenarios regarding how further EU expansion and Brexit may potentially reshape the geographic footprint of European car production over the next ten years. In sum, this book utilizes history to help expand the knowledge of scholars and policymakers regarding how European integration and Brexit may impact future auto industry investment for all EU nations.