Professor Mark J. Perry's Blog for Economics and Finance
After years of expanding its presence in the United States and beyond, the Toyota Motor Company of Japan recently issued a 2007 forecast that would make it first in global sales, ahead of General Motors.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
2 Comments:
The first (new) American car I had - a GM - the driver's side window fell out. It was in service 6 times in 7 months, not quite meeting the Illinois "Lemon Laws". After this ordeal, I said no more, and have bought Japanese cars since (with few if any problems).
as far as I am concerned, people who persist in buying low quality American cars are simply "prolonging the agony" of the US auto industry. Let American car companies learn to compete - or fail. As the line goes, "capitalism without failure is like religion without sin"... the only tragedy is the fallout for the American auto worker (but better sooner rather than later).
I really like my Chevy Cobalt.
Post a Comment
<< Home