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in the motor industry, companies have followed different internationalization paths. Toyota expanded organically, establishing subsidiaries in overseas markets. Ford went on an acquisition spree, buying

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in the motor industry, companies have followed different internationalization paths. Toyota expanded organically, establishing subsidiaries in overseas markets. Ford went on an acquisition spree, buying Volvo, Jaguar, Land Rover, and Mazda. General Motors has made extensive use of strategic alliances (Figure 15.3). Which strategy is best? Which strategy would you recommend to Chinese automobile manufacturers such as SAIC and Dongfeng? in the motor industry, companies have followed different internationalization paths. Toyota expanded organically, establishing subsidiaries in overseas markets. Ford went on an acquisition spree, buying Volvo, Jaguar, Land Rover, and Mazda. General Motors has made extensive use of strategic alliances (Figure 15.3). Which strategy is best? Which strategy would you recommend to Chinese automobile manufacturers such as SAIC and Dongfeng

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