This article states that for US and Europe to come to harmony in auto trading, they must come to an agreement in the quality of the car.
“U.S. airbags are designed to protect people who don’t buckle seat belts, while European airbags aren’t. “
General Motor’s net income has been decreasing tremendously over the past 5 year, also struggling to maintain their sales growth. On the other hand, German manufacturers are extremely happy with their results. More and more people all over the world are recognizing German cars.
Coming to harmony will decrease the prices of German cars in America. Then, more people will buy German cars instead of American car, except for those die-hard American Muscle fans. Even if European automakers agree to American safety and emission standards, the American Big Three will do anything to stop the harmonization.
References:
Guilford, Dave. “Why U.S.-European auto harmony is still just a dream.” Automotive News. N.p., 3 Oct. 2014. Web. 5 Oct. 2014. <http://www.autonews.com/article/20141003/BLOG06/141009887/why-u-s-european-auto-harmony-is-still-just-a-dream>.
Vance, Brian. “2011 BMW M3 Coupe vs. 2011 Ford Mustang GT Comparison – Motor Trend.” Motor Trend Magazine. N.p., n.d. Web. 5 Oct. 2014. <http://www.motortrend.com/roadtests/coupes/1010_2011_2011_ford_mustang_gt_vs_2011_bmw_m3_comparison/>