Wednesday, May 04, 2005
Buyers Shun Big Three
GM, Ford continue to struggle; Asian rivals soar
Back in the late 1970s, GM, Ford and Chrylser were building big, inefficient cars. Then the oil shocks hit and people started buying smaller, more efficient Japense cars. It devasted the industry and Michigan's economy. We apparently didn't learn our lesson and now find ourselves back to the future....
http://www.usatoday.com/money/autos/2005-05-03-cars_x.htm
Back in the late 1970s, GM, Ford and Chrylser were building big, inefficient cars. Then the oil shocks hit and people started buying smaller, more efficient Japense cars. It devasted the industry and Michigan's economy. We apparently didn't learn our lesson and now find ourselves back to the future....
http://www.usatoday.com/money/autos/2005-05-03-cars_x.htm
