The End of Detroit

The Detroit auto industry must abandon bigger is better, contends Micheline Maynard in The End of Detroit (Currency). It is time for other companies to do the same. “Slimming down to a realistic size just isn’t part of the way Detroit does things,” Maynard writes. “Companies are becoming an upside-down pyramid - a smaller and smaller tip trying to balance the expense of vehicle development against employee and retiree expenses.”
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