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Opinion - USA - Carrying A Heavy Burden
Foreigners are aggressively going after this part of the market...
New York,NY,USA -Forbes, by Jerry Flint -18 Apr 2006: -- More than half of the passenger cars sold in the United States wear foreign nameplates. General Motors, Ford Motor and American Chrysler still hold the truck side of the business, but the foreigners are aggressively going after this part of the market. And the home team seems to be repeating many of the same mistakes it has made in the past... Asian carmakers now own more than 40% of the minivan market, sell more than half the small pickups and lead in sales of car-based "crossover" sport utility vehicles... It is clear that the truck market has become quite competitive across all segments. Detroit can no longer count on simply bringing a truck to market and then leaving it unchanged for years... It Detroit fails in trucks, it will not be because of labor, pension and health care costs. It will be due to plain old incompetence...
posted by Unknown @ 4:53 PM
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