Tuesday, July 12, 2011

Stands Automaking on Its Head

Stands Automaking on Its Head
One of the oldest axioms in the auto industry is that no company can build a subcompact car in the United States and make money because they are priced too low. The Ford Fiesta is built in Mexico. The Honda Fit is made in several places, including China and Brazil. But with Americans — and Detroit — rediscovering small cars because of high gasoline prices, General Motors is intent on shattering that notion with its new Chevrolet Sonic. The car, with a base price of around $14,000, will give G.M. a new entry in the lowest tier of the market when it goes on sale this fall. The Sonic is also expected to be a breakthrough in establishing a new level of cooperation between Detroit and the United Automobile Workers.
Stands Auto Making 
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Stands Auto Making 
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Stands Auto Making 
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Stands Auto Making 
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Stands Auto Making 
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