ORIGINAL: Jeremiah 29:11
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Jim Press, vice-chairman and president, said Chrysler needed to become more focused on its customers by, among other things, adjusting its product lineup and improving relations with dealers.
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He predicted that macro-economic trends increasingly favoured US carmakers over their foreign rivals. He cited the weakening US dollar, escalating costs outside the US and ground-breaking labour contracts between the Detroit-based carmakers and the United Auto Workers union.
Finally! Someone in a position to do something effective has the understanding of how domestic economics affect the market here at home and can use that insight to U S Automakers' and buyers' advantage. I'm glad someone in Detroit didn't have to have their hand held and be lead to the painfully obvious!
Why buy imports when the dollar is worth less when we can keep our money here - where it's needed and worth more?!
This is the first "sound business principle" I've heard come out of Detriot in decades! AMEN!