Remodeling the Auto Industry - Barron's
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It is somewhat interesting to wonder how this automotive over-capacitiy situation would play out if it were to occur in countries other than USA. For example if Japan were "Remodeling the Auto Industry", does anyone believe that the Japanese government would decide to reduce Toyota's workforce, dealer body etc... to allow a foreign company to become the largest manufacturer in Japan?
If Germany were "Remodeling the Auto Industry", does anyone believe that the German government would decide to reduce Volkswagen's workforce, dealer body etc... to allow a foreign company to become the largest manufacturer in Germany?
In what twisted reality does the "Un-United States" have its head?
Let's Hope the Auto Bailout Has Failed for Good [View article]
You may recall that after 9/11, the Bush administration implored General Motors to provide Americans with copious incentives to "Keep America Rolling" - encouraging consumption and economic activity. I believe that the Bush administration deeply appreciated GM’s response. Those actions by GM were probably not the most profitable thing to do - but it was the Responsible thing to do for the country.
This is a moment in which many nations are watching and confirming that the United States are NOT united.
My sense is that other countries would assist their industries to weather these economic conditions.
Remodeling the Auto Industry - Barron's [View article]
For example if Japan were "Remodeling the Auto Industry", does anyone believe that the Japanese government would decide to reduce Toyota's workforce, dealer body etc... to allow a foreign company to become the largest manufacturer in Japan?
If Germany were "Remodeling the Auto Industry", does anyone believe that the German government would decide to reduce Volkswagen's workforce, dealer body etc... to allow a foreign company to become the largest manufacturer in Germany?
In what twisted reality does the "Un-United States" have its head?
Will 2009 Be Any Better for Car Companies? [View article]
Let's Hope the Auto Bailout Has Failed for Good [View article]
This is a moment in which many nations are watching and confirming that the United States are NOT united.
My sense is that other countries would assist their industries to weather these economic conditions.