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Unit 7
Can Detroit Be Retooled — Before Its Too Late?
Exercises
1. Answer the questions on the text:
1) what is the problem the would-be car buyers may face according to Rod Buscher, CEO of Summit Automotive Partners in Denver?
The would-be buyers lack either the income or the access to credit that would allow them to drive a new car off the lot.
2) Why is GM said to have a stark and steep job to do when the President’s auto task force presented the to-do list?
According to the list GM has to shrink labor costs, including retiree health-care expenses; slash debt; kill or sell low-performing
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