Must-See Graphic: Cheat Sheet For Today’s New Auto Industry
Over the past eighteen months or so, the auto industry has been going through one of the most pronounced periods of change ever. While the Japanese and South Korean auto industries have avoided major upheavals, two major U.S. automakers have gone bankrupt, long-held brands have been sold to overseas companies, and other international companies we’d never heard of have now earned name recognition.
And yes, even a quintessential American brand, Hummer, has been sold to a Chinese company.
Yet other upstarts look poised to break into the market and, even if they’re not yet serious contenders, it’s enough to keep the major automakers worriedly...
Over the past eighteen months or so, the auto industry has been going through one of the most pronounced periods of change ever. While the Japanese and South Korean auto industries have avoided major upheavals, two major U.S. automakers have gone bankrupt, long-held brands have been sold to overseas companies, and other international companies we’d never heard of have now earned name recognition. And yes, even a quintessential American brand, Hummer, has been sold to a Chinese company. Yet other upstarts look poised to break into the market and, even if they’re not yet serious contenders, it’s enough to keep the major automakers worriedly... Read More
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