Yesterday , I did a simple rough calculation about General Motors to attempt to get at how a lot manufacturing job loss one may attribute to foreign competition versus automation and productivity will increase. Varied commenters objected that my assumptions have been too simplistic, significantly in neglecting the domestic content material in international autos and the significance of shifts in the supply chain over time.
Passenger automotive sales plummeted once more in March, dragging U.S. auto gross sales to their third straight month-to-month decline, a robust indication that years of sales development have come to an end. As cars remain a degree of conflict, Detroit pushes to sell pickups in a market long skeptical of them, in an effort to tap a Chinese language taste for American brands.
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