Falling sales. Too many factories producing too many cars at excessive cost. Mounting losses at manufacturers. An urgent need for action. That’s what my colleagues and I found when we took up our posts as members of Barack Obama’s auto taskforce and that is what confronts European carmakers today – except without a taskforce or a central government to ram through the needed changes. Continue reading »
© The Financial Times Ltd 2014 FT and 'Financial Times' are trademarks of The Financial Times Ltd.