TITLE

Our Little Canary

AUTHOR(S)
Kelly, Kevin M.
PUB. DATE
November 2008
SOURCE
Automotive Design & Production;Nov2008, Vol. 120 Issue 11, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The article discusses the impact of the 2008 financial crisis on the U.S. automobile industry. Detroit, Michigan, responded to the mild recession with layoffs and aggressive moves to shift product plans to include more fuel-efficient vehicles. Challenges being faced throughout the national and global economies will continue to put negative pressure on the industry through the remainder of this year and likely into the first or second or next, according to Federal Reserve Chairman Ben Bernanke.
ACCESSION #
35250541

Tags: EDITORIALS;  FINANCIAL crises;  AUTOMOBILE industry;  RECESSIONS;  LAYOFFS;  BERNANKE, Ben, 1953-

 

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