Depression era of the traditional anti-competitive.docVIP

 PAGE \* MERGEFORMAT 8 Depression era of the traditional anti-competitive Automotive industry: the Detroit Big Three coalition VS Europe and Asia It stands to reason that this year the month of the U.S. auto industry is indeed 7,8 heard the long-lost gospel: the current year sales to reach the best level since the forecast optimistic about economic recovery in the second half of those who were thus inspired. But the General Motors Corporation (General Motors Corp.), Ford Motor Company (Ford Motor Co.) And Daimler - Chrysler (DaimlerChrysler AG) that the three industry giants true feelings - dumbfounding. This time, we lost the Depression-era history, has always been a tacit agreement: the provision of some limited concessions under the discount preserve the price stability in the market, even if it means sacrificing part of the sales are. They have been convinced that the downturn will reduce consumer spending, while they themselves also need to ride out this difficult period. The question of course lies in the interior fuse is a General Motors took the lead with high discounts and low price hard to please the consumer’s practices - in August, each GM was overstating the discount to 4328 U.S. dollars. So far, Ford and Daimler - Chrysler cold of heart: Mindful of the past, GM’s are just too ruthless a. Two opponents only obediently followed the cards, but this time, sales and profit space has been exhausted. Throwing fiery passion for consumer demand Quemei can burn even more vigorously: Ford this year’s second quarter net profit fell 27%; Decker companies are more caught in the passive situation of the local market, the second-quarter net income down of 90%. General Motors got his wish, but also loss of strength. To borrow in the U.S. division of DaimlerChrysler responsible for the sales executives加里蒂尔茨 as saying that within the highly competitive automotive industry, ‘This is a dog eat dog the big engagement. ‘ Even more frightening threat, Detroit ‘B