Real estate blog entries tagged with auto industry by Mark Tesolin Complete Source for Windsor Real Estate (Prudential Select Realty)

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Home : Blogs : Mark Tesolin Complete Source for Windsor Real Estate : Mark's Blog : Tag "auto industry"

auto industry: Detroit's Problems Challenge Windsor's Promise - 11/10/08 07:15 AM

Recent good news reported here about the thriving Canadian auto industry is threatened by bad news from Detroit: the US auto is in such bad shape that the big three automakers are lobbying for a $25 billion low interest loan from the government. Without aid, predicts the Center for Automotive Research in Ann Arbor, MI, the US economy would lose over 2.5 million direct and indirect jobs plus $100-150 billion in taxes.
Over the past few years, the Canadian auto industry has regrouped through job cuts and increased efficiency measures. The cost reduction efforts are expected to result s in a … (2 comments)

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