Last year, everyone in the auto industry was chuffed about Detroit’s comeback.
American Landscape, by Sheeler
The carmakers were enjoying a healthy rebound from the bankruptcies at General Motors and Chrysler. And for a while, at least, Chrysler outsold Toyota to make the Detroit Three the Big Three again.
But this year, Detroit’s market share has been slipping, and that has ramifications all across the Midwest.
In fact, the auto companies have fallen back to the market share level they held in 2009, as GM and Chrysler were struggling. In a piece for Forbes.com, I look at what happened to the Detroit companies during the first quarter.
Basically, there are three issues: Continue reading
Indiana Gov. Mitch Daniels got a lot of attention late last year when he finally came out in favor of a Right to Work law. Now, Daniels is suggesting that Volkswagen, in part, is the reason.
Speaking on Inside INdiana Business Television last week, Daniels said he was frustrated that his state was losing opportunities to compete for projects to other states that had Right to Work laws, which prevent unions from collecting mandatory dues.
Mitch Daniels Talks About Right to Work
One such project, according to the governor, was the assembly plant that Volkswagen recently opened in Chattanooga, Tenn. “I couldn’t get VW to return our call,” the governor said. “We’ve won on Honda, we won on Toyota, we’re clearly the fastest growing automotive state, and we couldn’t even get them to talk to us.”
Daniels. by the way, is giving the Republican response tonight to President Obama’s state of the union address.