While we bicker about the increase in costs the real culprit is inflation, the evils of inflation and the wage/costs spiral, which was covered in my College 102 economics class.
This will continue and will increasingly be the economic demon of the American Economy. While the economies of India and China continue to develop with their low cost solutions and economic growth the Western economies with inflation and higher labor costs will continue to feel pain.
Mean while the Shanghai Auto Show was a complete smash. I believe this year the show was the rival or maybe even surpassed the Tokyo Show. The enthusiasm, energy and excitement of the Shanghai show was unmistakable.
This year China became the number two market surpassing Japan, second only to the USA.
This is an indication of what the future holds for the industry as it becomes more International. Chery/Chrysler, if this becomes a reality, is just the beginning of the change as American Companies need to find lower cost solutions move to off shore solutions.
Companies like Autotrader, cars.com and others will have little choice then to find lower cost solutions, as they cannot continue to pass on the expense to the dealers.
This will continue and will increasingly be the economic demon of the American Economy. While the economies of India and China continue to develop with their low cost solutions and economic growth the Western economies with inflation and higher labor costs will continue to feel pain.
Mean while the Shanghai Auto Show was a complete smash. I believe this year the show was the rival or maybe even surpassed the Tokyo Show. The enthusiasm, energy and excitement of the Shanghai show was unmistakable.
This year China became the number two market surpassing Japan, second only to the USA.
This is an indication of what the future holds for the industry as it becomes more International. Chery/Chrysler, if this becomes a reality, is just the beginning of the change as American Companies need to find lower cost solutions move to off shore solutions.
Companies like Autotrader, cars.com and others will have little choice then to find lower cost solutions, as they cannot continue to pass on the expense to the dealers.
