Essay - This Paper Presents a Detailed Examination of the Impact Mergers...

This paper presents a detailed examination of the impact mergers and acquisitions have had on ***** automobile industry over the years. The author examines ***** benefits of the Daimler/Chrysler merger and how the strategy provided a positive imp*****ct on the resulting company. *****re was one source used to complete this *****.

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Throughout ***** his*****ry of business, mergers and acquisitions have been a fact ***** life. Whether they were conducted through a mutu*****lly agreed upon blending, or taken over with hostile measures a merger or acquisition involves two or more companies coming together and becoming one. Mergers provide many positive elements to the final company, but can also presents some difficulties in the way of power struggles, workforce numbers ***** f*****al production goals.

***** automobile industry has depended on mergers for many years to allow the field to accommodate ***** industry needs. As new designs were needed, market saturations occurred, and financial considerations realized, the use of ***** and *****s in the automobile industry has *****d ***** outcomes.

One such merger, the Daimler/Chrysler ***** proved to be a positive step for both comp*****nies though it experienced ***** adjustments along the way. For ***** most part the merger provided ***** power, design abilities and accomplishment of goals for ***** ***** blended company.

***** reason for mergers in this ***** were often industry specific. The automobile industry has grown through ***** changes over the years. When the industry first began to evolve there were hundreds of ***** companies that ***** competing for the ***** customers. Many of them did not have an annual ***** of more than 1,000 vehicles.

As the industry continued to grow and cus*****mers continued to purchase product the need for more designs ***** to surface. The design and development of an au*****mobile has always ***** time consuming and expensive. This is one reason that ***** ***** has seen as many mergers as it has. ***** ***** companies needed to exp***** their product line and did ***** have the funds to handle separate design and development costs ***** this purpose ***** would merge together and pool their resources for that purpose.

It ***** the ability to constantly reinvent automobiles ***** better safety gear, more modern *****, ergonomic features ***** other things that made the consumer want to keep upgrading and trading in***** new models. ***** helped the industry stay alive.

Ano*****r aspect ***** the industry that encouraged mergers and acquisitions ***** the market saturation aspect. As the market became more saturated it ***** evident that the companies ***** were smaller would be squeezed out of business. ***** smaller ***** sought out larger companies to merge with to protect their workers and their profits.

The industry hit its peak during the 1970s ***** since then it ***** tapered off and at times struggled to ***** afloat. Au*****mobiles are currently designed to last longer than ever before ***** the replacement need has been lowered beca***** of *****.

Industry standards continue to improve and environmentalist groups push for stricter and stricter *****