Automotive Industry
Industry: Email Alert RSS Feed2006: a split picture.(Opinion)
Automotive News Europe, January, 2006 by Crain, Keith
Byline: KEITH CRAIN
In the automobile business, it's usually true that we prosper or suffer together. When times are good, they are good for everyone. When times are bad, everyone suffers. Today, the story is different. We are seeing companies prospering with record years, while many other companies are bleeding. Some face bankruptcy, and others are already there. It is a very strange time.
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The US automobile industry is having one of the best years in its 110-year history. Yet the two biggest companies, General Motors and Ford, are looking at massive losses and painful and ...
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