Detroit Goes From Gloom to Economic Bright Spot

Description:  After a dismal period of huge losses and deep cuts that culminated in the Obama administration’s bailout of General Motors and Chrysler, the gloom over the American auto industry is starting to lift.

Source: NYTimes.com
 
Date: 08/13/2010

Link: http://www.nytimes.com/2010/08/14/business/14auto.html?ref=business

Questions for discussion:

  • Summarize the key points presented in the article.
  • Are you optimistic that the US auto industry will experience a long period of economic recovery?
  • What are the global factors that are continuing to challenge the auto industry domestically and internationally?
  • How do you think the industry should respond to these challenges?


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