Will any of the big three survive?

rip-automakers1As I watch the news and read the blogs I wonder if in five years if there will be even one of the big Detroit three still standing…and more importantly, profitable. I wonder how big icons that transformed this country since the early 1900s can be in such dire condition. Is it global competition? Is it labor costs? Is it consumer product choices? Or is it truly the economy? In five years will you still be able to purchase a Ford, GM, or Chrysler vehicle? Or will those names go to the graveyard like American Motors, Packard, Willys, Duesenberg, Studebaker, and hundreds of other defunct automakers?

Like this article?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

Michael Gray

Mike has roots in the automotive service industry. He began diagnosing and fixing cars at a young age in his family’s service station. He has worked in automotive parts supply stores, towing companies, and service facilities. After graduating from St. Cloud State University (MN) with a Bachelor’s degree, he implemented and taught a basic car care program at the high school level. During work on his Master’s degree at Illinois State University (IL), he was a curriculum specialist on a National Science Foundation project where he co-authored ten integrated mathematics, science, and technology books designed for team teaching. Mike has also supervised teachers in Career and Technology Education as a school system administrator.

Call us at 800-918-7323