Automotive Industry

The auto industry changes fast.(Column)

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Byline: KEITH CRAIN

EVERYONE KNOWS that only high-tech companies can change quickly. A car company could never change that fast.

How wrong we all have been.

It wasn't that long ago that the Japanese automobile companies could do no wrong. It was just a matter of time until they took over the world.

Today, the Americans, the French and the Germans are controlling Japanese auto companies to an extent that no one would have believed a decade ago.

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Sure, Toyota is always going to be Toyota, and Honda is doing quite well on its own. But look at all those other companies. ...