jimsep

Is There Any Hope for the Big Three Auto Makers?

"In the car sector industry companies take a few years to respond to demand shifts' " --- What? Why do they get a pass?

That's clearly what is wrong with the US auto industry. The job of management and boards of directors is to anticipate future trends and move the companies in the right direction. Can anyone imagine a technology company taking years to respond? If not a technology company or a service company or a retailer, why should an auto company have years to respond? The culture of Detroit has to change and that needs revolutions in the executive suites and boardrooms.