Can Continuous Improvement Save the Automotive Industry?
MacDuffie believes the auto industry is coping with a broader vary of issues than he has encountered in the a few years he has studied the industry. He pointed to technological modifications, electric and autonomous autos, the current state of commerce and the threats of tariffs. On the tariffs front, the U.S. auto industry is bracing for higher duties on metal and aluminum imports after April, when a ninety-day suspension of higher tariffs by the U.S. on imports from China expires. The industry is also nervous concerning the impression of tariffs that President Trump has threatened to impose on automobile imports from the European Union.
#4: Quickly Join the Industry
Cars that had been nursed by way of the Depression lengthy after they were ready to be junked were patched up additional, ensuring great pent-up demand for brand new cars at the warfare’s …