Motor City Looks To Rev Up Operations Abroad
The outlook is especially grim for sales within the United States, where market share has fallen dramatically (WSJ-chart) for nearly all U.S. automakers. With average summer gasoline prices in the United States over $4 a gallon, buyers are increasingly keen on fuel efficiency, while U.S. automakers have for years focused on trucks and larger vehicles. The expense of overhauling U.S. production facilities is high, and while U.S. automakers have set up ... Full Story »
Posted by Kaizar Campwala
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