Past as Prologue: The Detroit Edition

Posted by Kendall Harmon

A fascinating look back.

Filed under: * Economics, PoliticsEconomyThe Possibility of a Bailout for the U.S. Auto Industry

Posted April 29, 2009 at 8:00 am [Printer Friendly] [Print w/ comments]

1. Fr. Dale wrote:

Bigger is not always better.  I remember when the “tail fin” wars hit Detroit. Chrysler was the last and the biggest of the tail fins.  DeSoto perhaps king of the tail fins was eventually dropped. I have to believe that fuel economy was always a token gesture for Detroit.  They made small cars only to get the average gas consumption for the entire fleet under the limit. I was told by a Ford executive that the profit margin on a big car was greater than a small car.

April 29, 6:04 pm | [comment link]
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