Detroit is Losing
In the article "Detroit losing auto race to Japan" it talks about how our American cars (GM, Chrysler, Ford) at one point has 76% of the automotive market and now they have fallen to 60% and it has been taken over by Japanese cars. This is all basic economics; the more competitive cars are starting to take control of the market. I don't think that Japan will ever completely dominate the market. There are to many that love the American brands, and will never own a car that isn't that brand.
Posted by Nick at 3/29/2005 10:49:00 PM