Why The American Automobile Industry Is In Trouble
- Topics:
- Automotive
- Source:
- HELIUM
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Overview: The American automotive companies have been losing market share for a long time now. The American public as well as the rest of the world was not aware of how damaged the American automotive industry was until Ford began to lay off workers by the tens of thousands. The small recession in the U.S. has forced automotive companies to rethink their strategies. GM is looking to other countries where they believe the selling of cars will be more lucrative. China is a big prospect and GM hopes to be able to move into their market more quickly.
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Format: HTML | Date: Jan 2008 | Pages: 1



