Over the past year, story after story has touted the rebirth of the U.S. auto industry. Ford Motors, which unlike General Motors and Chrysler survived the 2008-2009 crisis without taking bailout money from the federal government, has enjoyed a string of positive reviews, and its earnings and revenue are higher than at any point since the 1990s.
The industry did pull out of its death swoon. But there’s a large gap between surviving and thriving, and while the industry may have achieved the former, it’s a long way from the latter.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
I'll buy Ford, but not the others. They did it the right way; suffered and rebuilt themselves. Unlike Chrysler and Government Motors.
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