Population Statistic: Read. React. Repeat.
Wednesday, March 19, 2021

Ailing even during healthy economic times, U.S. automakers are expecting to take an especially big hit in the sales charts during 2008 — one that cannot be expressed as a mere downward curve, but as something with more depth:

[Chrysler CEO Bob Nardelli] describes the current downturn as “bathtub-shaped” as opposed to v-shaped, implying it will be of longer duration.

With Detroit eventually going down the drain, presumably. And a ring around the tub left behind, consisting of abandoned factories and long unemployment lines.

by Costa Tsiokos, Wed 03/19/2008 09:40:41 PM
Category: Business
| Permalink | Trackback |

Feedback »
Leave a comment

PLEASE NOTE: Various types of comment moderation may be triggered once you hit the "Say It!" button below. Common causes for this are the inclusion of several hyperlinks and/or spam words in the comment field. Please do not hit the "Say It!" button more than once. If you feel your comment is being blocked without cause, feel free to email me about it.