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2008–2010 automotive industry crisis
- The 2008–2010 automotive industry crisis formed part of the 2007–2008 financial crisis and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry.
en.wikipedia.org/wiki/2008–2010_automotive_industry_crisis
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The 2008–2010 automotive industry crisis formed part of the 2007–2008 financial crisis and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry.
Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit. As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota.
The auto industry has occupied an almost mythical place in the American mind. From the time Henry Ford created the first Model T in 1908 and the first moving assembly line, cars were suddenly ...
May 23, 2021 · A Q&A with author Kenneth Whyte on how Ralph Nader brought down General Motors — and poisoned the American public’s view of business forever.
In late 2008, the combination of an historic recession and financial crisis pushed the American auto industry to the brink of collapse. Access to credit for car loans dried up and auto sales plunged 40 percent. Auto manufacturers and suppliers dramatically curtailed production.
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Jan 24, 2023 · Crisis: Directed by Matt Sohn. With Ana Gasteyer, Harriet Dyer, Jon Barinholtz, Tye White. Katherine and the team bring in crisis manager Ian Osofsky to help combat the negative publicity the company is receiving from accusations it covered up defective auto parts.
May 6, 2015 · Over the past 30 years the U.S. auto industry has faced multiple existential crises, illustrating both the cost of lost opportunities and the power of innovation as the archetypical industrial enterprise adapts to a post-industrial knowledge economy.
