Recession? …Here. Weak Dollar? …Present. Isuzu? …Isuzu? …Isuzu?
Just like the housing market in the US the Auto Industry is not only dealing with their reorganizations from their gluttonous years but also with the economic situation that has gripped this country. As could be expected each auto maker has its own approach to handling such shifts, and it is there strategic efforts that will determine their future. Focusing for a moment on how the foreign auto makers are handling the American economic situation some are adding new plants and assembly factories, some are re-imagining themselves and others may be doing Pres. Bush’s least favorite thing… the cut and run.
To combat a slumping US dollar and to protect themselves from a loss of profit Volkswagen is looking to expand more into North America. While American companies still out-source their jobs over seas to nations with cheaper labor, the Germans are starting to look at America the same way… sorta speak. They can save money and salvage greater profits by moving some more manufacturing and assembly plants into the US. (more…)
Related posts:
- 2009 Toyota Corolla Unveiled! Is it Still too Boring?
- Have You Seen Bumper Stickers Funnier than These?
- Six Degrees of Automotive Separation: Opel and Audi
- A Prius plug-in to be tested by Toyota in Japan
- Porsche and Audi beef it out over the ‘RS’ badge
Related posts:
- It just blowed up
- Allianz Super Car and Bike girls
- Caption Contest!
- Tesla Motors Breaks all Molds for Cars and the Car Industry
- Update: Bailey Blade hit hard in bad economy, adds green options
0 коммент.:
Отправить комментарий