Time for a Model Change : Re-engineering the Global Automotive Industry

Rating:
Summary: An Industry With a Difficult Future
Review: This is an analysis of the world wide automobile industry by a pair of close observers who are outside the direct employment of the auto makers.

The auto industry is huge, it's been developing for a hundred. In addition there is a huge supplementary industry in the form of supplying oil, building highways, insuring, repairing, racing, and hundreds of other professions.

The problems forseen by the authors seem so obvious that you wonder why the automoile companies don't see it. Of course they probably do, but their senior management couldn't say anything that might affect their stock prices. If they did, they would get sued by everyone who lost money on their stock.

This is an excellent book on the automotive industry and in effect on our whole economy.