Monday, October 19, 2015
Mature Western Nations & Car Making
Historically, most cars were made and sold in what we would call the Western world. Sales have more recently been down in this area of the world while the growth has been elsewhere. Car production is moving that way too. What are some reasons?
Wage costs are lower in non-Western lands. Mainstream cars are price sensitive, especially small ones. Lower remuneration helps the bottom line. Even
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