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.
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1 comment:
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.
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