Problem: Please provide a detailed analysis by using various industry reports to discuss how the automobile industry is doing in the United States of America by responding to the following:
Question 1. What is the comparative market size of the automobile industry in the United States by 2019? (For example, you can use something like the number of passenger car registrations to size the automobile industry, other metrics for other industries) and how might that impact your decision on prioritizing the US in your global business strategy?
Question 2. What is the comparative growth, both in absolute terms and in percentage terms from 2014 to 2019 for the automobile industry in the United States and how might that impact your decision on prioritizing the USA in your global business strategy?
Question 3. What is the profitability of the Automobile industry based on the level of competition? Who are some of the key company players (both multinational and local) in the Automobile industry in the United States and how competitive is the industry in the US, and how might that impact your decision on prioritizing the US in your global business strategy?
Please use sufficient credible resources and cite them in your analysis as well as list them under references underneath.