The Big Three Automakers
The "Big Three" automakers are facing increased competition and playing a more and more active role in politics and lobbying. How will the big three handle demands for better fuel efficiency in vehicles, health care for employees, and... [more]
The "Big Three" automakers are facing increased competition and playing a more and more active role in politics and lobbying. How will the big three handle demands for better fuel efficiency in vehicles, health care for employees, and pensions for alumni? All in declining markets...
Detroits Big Three automakers came closer than America realized to becoming the Big Two. General Motors Corp. ended merger talks with Chrysler LLC in November 2008 to focus on getting emergency federal aid, but Chrysler continued to believe a tie-up with GM was its best chance for survival. The GM-Chrysler tale is among new details that emerged in Detroit News interviews with more than a dozen insiders -- automakers as well as government...
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From detnews.com
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This is the most thoughtful "political" posting that I've ever seen on Jalop. In fact, I'm surprised to see it amidst all the car porn.
The only thing that I'd add is it's ironic that the foreign automakers who would most benefit from the disappearance of GM and Chrysler have received a fair amount of support from their governments. One could even argue that the weakness of the Big Three is partly the result of "socialism" on the part of US...
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From jalopnik.com
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The American auto market was one of the hardest hit by the global downturn -- and foreign automakers that relied on U.S. sales were sucked into the slump. Others benefited, however, from the near-collapse of two of Detroits Big Three.
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From detnews.com
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