Great Lakes Guy: auto industry

Showing posts with label auto industry. Show all posts

A message from Dirty Harry

In last night's Super Bowl spot featuring Clint Eastwood, Chrysler continued to lead the pack in the race to frame the master narrative for the revitalization of the auto industry, Michigan and ultimately America. The car maker got in the driver's seat last year in a similarly compelling spot with Eminem.

Carmageddon

The mega-trends, as summed up at Economics 21, seem to favor dynamic mobility providers over one-trade car companies.

Part of the longer-term problem facing GM and the U.S. automobile industry more broadly is that while automobile sales in emerging economies are increasing robustly, they are decreasing in the mature economies of Europe, North America, and Japan. Aging populations, deleveraging households, higher gasoline prices, denser metropolitan areas, and the advent of sharing platforms like Zipcar have dampened demand, and many if not all of these trends are likely to accelerate.

(via Reihan Salam at National Review)

What next in Kenosha

Niala Boodhoo reports on the closing of Chrysler's 100-year-old factory in Kenosha tomorrow. Note the company reportedly "wouldn't comment on this story."

Perhaps executives were too busy orchestrating today's strategically timed announcement of a $600 million investment to modernize its plant 70 miles down the road in Belvidere, IL.

This video, produced by the Kenosha News, illuminates the city's significant role in the history of the American auto industry.