8 more reasons for Detroit to worry
1. Domestics depreciate faster than imports
Alex Taylor Iii - CNN - June 1, 2012
It's better than three years ago, however --Ed.
A few weeks ago, I identified eight reasons why Detroit -- despite higher sales and black ink -- should not be getting complacent.
I got a number of reader comments suggesting that my analysis was, at best, flawed, and, at worst, unpatriotic. But encouraging as it is to see U.S. automakers hiring workers and adding shifts, the tide of good news should not prevent the identification of rocks under the surface that could sink the industry's long-term prospects.... [Read More]
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