U.S. auto giants in deep trouble.
"Ford cannot continue much longer without a radical change in its business model. [Both Ford and General Motors] have got to resize Verb 1. resize - change the size of; make the size more appropriate
size - make to a size; bring to a suitable size
rescale - establish on a new scale , restructure and reinvent re·in·vent
tr.v. re·in·vent·ed, re·in·vent·ing, re·in·vents
1. To make over completely: "She reinvented Indian cooking to fit a Western kitchen and a Western larder" themselves."
As both companies have cut employee numbers and closed plants, auto industry analyst John Casesa sees little good news ahead without big changes.
COPYRIGHT 2006 American Opinion Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion