Even for the biggest companies, the costs of new technologies are daunting.
Christine Tierney - DETROITNEWS
- June 23, 2010
Automakers are still digging out of the worst downturn in decades, and they're already coming up against another, perhaps greater, challenge: the start of the biggest transition in engine technology in nearly a century.
Making the kind of ultra-clean, high-tech cars that automakers will have to sell to meet strict emission rules coming into force in the United States and other regions will be very expensive. Most carmakers won't be able to cover the costs by themselves -- and that will spur many to seek new partnerships, say industry executives and experts.
Even for the biggest companies, the costs of new technologies and materials are daunting... [Read More]