Tuesday, December 9, 2008

Auto industry ailing???

Apparently it's not the "auto industry" that's ailing.

See this article in the Detroit Free Press.

It's bad management by the auto companies and wrong-headed thinking on the part of the U.S. trade unions that caused the disease afflicting U.S. auto manufacturers.

1 comment:

Ben said...

Don't think the success of foreign manufacturers is lost on the Big Three. Regardless of which way the bailout swings, expect more rent seeking from U.S. manufacturers in the future.