American Car Makers Have Costs Under Control
Americans On Par With Foreign Rivals

For many years, decades even, a big hurdle for American car makers to overcome, was the fact that it cost so much more for them to produce cars. There are many reasons for this, cost of labor for one, cost of facilities is another.

Because costs were so much higher form American car makers, they had to operate on very slim margins in order to compete. When you operate on less profit (or losses) there is much less you can in vest in research and development. Your products begin to fall behind the competition, sales slip further -- And the endless downward spiral ultimately cripples the business.
But lately, the Big 3 have been able to keep costs on par with foreign auto makers. This means that they can be more productive, more profitable and sell more cars.

Read the story here.

Check out Ford Dealers In CT here.

by chicagotribune.com - 05/12/2010

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Source: http://www.chicagotribune.com/business/feed/sc-biz-0513-costs--20100512,0,7838893.story