W$J headline: "Big Three Restructuring Hits Minority Suppliers"
How much longer before we stop using "Big Three" to describe Ford, GM, and Chrysler?
Big? Consider this:
Last week, for the first time, Japanese auto companies said they were now selling more vehicles outside Japan than at home — the bulk in the United States. What’s more, Japan’s biggest automaker, Toyota, upset Ford for second place in the American market in July and reported a huge rise in profits for the quarter. Many analysts predict that Toyota will overtake first-place General Motors in global sales this year.
Three? With Dr. Z spreading "auf wiedersehens" across the U.S., it's hard to imagine that "Chrysler Group" will remain an American icon for long.
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