Business Explained by Stever

Archive for December, 2008

03 Dec

A modest proposal for rescuing the auto industry

You know, I just can’t help feeling outrage, depression, and cynicism at the Big Three auto companies asking for a taxpayer bailout. Twenty years ago, we read cases in business school about how American auto manufacturers had already fallen behind foreign imports in production capability, cost structure, and market responsiveness. At the time, this was [...]

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