6 Quotes by Betsy Meter

The rise in gas prices due to Hurricane Katrina left a lasting impression on the minds of consumers.

Automotive executives in our survey have been predicting market share advances by Asian brands for years now.

Automotive execs in our survey have been predicting market share advances by Asian brands for years now. Asian brands have been successful at bringing the right product to the market quickly while being flexible in their manufacturing processes to respond to changes in demand.

Auto execs are grappling with the dynamics of increased competition, rising commodity and healthcare costs and the need to invest in new manufacturing facilities. All of this is leading to a rather bleak outlook on profitability through the rest of this decade and a trend toward greater consolidation.

That large a group said 'yes' is somewhat telling.

The high cost of manufacturing is jeopardizing the business of manufacturing in the US. Domestic manufacturers need to get cost in line with their foreign counterparts in order to compete around the globe.