The Future Is Today
TOKYO — India, the world’s fourth- largest auto market, was long a dependable growth play for carmakers looking to cash in on the country’s rapidly rising middle class. But this year, subcontinent sales have suddenly slumped, forcing sweeping job losses…
Since the Lehman Bros. collapse in 2008, the U.S. auto landscape has changed dramatically. General Motors emerged from bankruptcy, but the Detroit 3, including Ford, have lost share to smaller manufacturers including Subaru. Photo credit: AUTOMOTIVE NEWS ILLUSTRATION After a…