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Owing to the rapidly development of economy and technology, there is an enormous car market in the US. People choose different brands of cars to satisfy their needs for the lives. Recently, the New York Times posted an article that the auto markets in the United States could be the best rate in November in 2013 since before the recession. (the New York Times, Out of the Doldrums, Automakers Post Strong US Sales, 2013) In 2013, the auto markets sold 15.6 million new cars and trucks, which increase by 7.6 percent compared to the data in 2012. Besides, Ford Moter and Chrysler has become the greatest in 2013.

Mingyi Zhou

Section: 3:00-4:15p.m

Title: Microeconomic Market of the Cars in the US

Owing to the rapidly development of economy and technology, there is an enormous car market in the US. People choose different brands of cars to satisfy their needs for the lives.

Recently, the New York Times posted an article that the auto markets in the United States could be the best rate in November in 2013 since before the recession. (the New York Times, Out of the Doldrums, Automakers Post Strong US Sales, 2013) In 2013, the auto markets sold 15.6 million new cars and trucks, which increase by 7.6 percent compared to the data in 2012. Besides, Ford Moter and Chrysler has become the greatest in 2013.

It must include a description of the market participants (the buyers, sellers, and those who run the market, if applicable), the details of how the market is organized and works, information about the outcomes in the market (for example, the range of prices over the year 2012 along with the quantity sold in that period), and any special features of the market. If desired, a “bullet point plus supporting explanation” format could be used for parts of the report.

 

 

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