ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

The Automotive Recession - Part 1

Updated on June 9, 2015

Auto Motive Members Going On Strike In Canada

Click thumbnail to view full-size

Tragedy of Escalating Prices of Gasoline

NOTHING CRIPPLES AN ECONOMY, business and industry; nothing leads to the loss of jobs and affect consumers as higher gas prices. You don't need to be a Chevrolet or a General Motors' dealer in suburban Detroit to know that. Little wonder if you ask an auto-dealer they will regale you with the story of lay-offs and how that has greatly affected their businesses in times past. Why? Because of higher gas prices many auto dealers have been forced to keep fewer new cars and trucks on their lots; and as consumers seek for a cheeper zoom-zoom used cars, the dealers in question have no choice than to stick to the consumers choice - cheap and used cars!

The truth is, the escalating prices of gasoline affect every sector of the economy, from government institutions, private organizations to individuals; it reduces demands for automobile while domestic automobile makers, from pickup to sport car are left to suffer the negative consequence. Therefore, the uncertainty cause as a result of higher oil prices ha both direct and indirect impacts on mortgages and job losses, thus leading to the meltdown of domestic automobile industry!

In 1990, for instance, it was reported that General Motors had 127 Black dealers in the United States alone, sadly, few years later down the line, the count down was tragically reduced to about 38! There is no doubt, therefore, that when the automobile industry suffer a hit, it invariably affect everyone like financial tsunami, perhaps mostly the Blacks! So, whether you're an automaker, dealer, assembly line worker or lover, if anything happens to the price of oil, sure enough, we would all be suck and thrown out of the auto industry! The industry would be like the sun that's gone into eclipsed.

The truth is, the success recorded by the automobile industry in shaping the modern world is astronomical and felt globally! Particularly, its manufacturing base has affected tens of thousands of Black American families from poverty to riches, and for many of us to be upwardly mobile (And come to think it over. I don't even have a car of my own excerpt you're touched and kind enough to give me your used car as a gift. And honestly, I'll really appreciate that). In fact, according to Thomas Sugrue, a University of Pennsylvanian historian categorically affirmed that automobile industry has actually reshaped urban American. But is it the urban American alone? I doubt! It is worldwide!

However, its effect is better seen in the U.S, because many people, especially Blacks "were employed by this giant industry and by other industry that, either directly or indirectly, are connected to automobile industries. Unfortunately, few years down the line, because of the automobile recession, many lose their high-paying jobs which were connected, one way or the other, to these giant automobile industries such as the manufacturing plants, assembling operational organizations just to mention few.

However, that is not a totally dead end, because with the dead of one stage comes the birth and the resurrection of another! For instance, like in Asian and Europe, most of the automakers "replaced many of the manufacturing plants with assembly of their own." In the United States, some of the places where this transition took place include but not limited to Mississippi, Georgia, Tennessee, Carolina, West Virginia, just to mention few. So for those looking for job in the auto industry, perhaps the best place to hunt is the rural area where these automobile manufacturing companies locate their industries and offices.


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)