The US auto industry has 1.9 feet in the grave. This is so obvious that people don’t even waste much ink on it any more. Here are 3 succinct perspectives:
- One of my favorite humor blogs, Long or Short Capital, has for the first time in memory bitten its own tongue in calling out Gettelfinger in his defense of the industry.
- The esteemed economist Greg Mankiw needs only a simple graph to illustrate (just one of) the industry’s huge challenges
- Evan Newmark in the WSJ states concisely that “Capitalism wants only three or four global car companies. And what capitalism wants, it eventually gets.” (OK, there’s not much substance there, but it is catchy!)
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.