Automotive industry crisis of 2008 10Carnage of the automotive business continues, with every passing week throwing in a host of surprising knock out news. Italian association Fedechimica conducted a recent survey on why foreign firms appreciated undertaking organization with the Italian chemical business and the best factors included: the good quality of human resources, the industry size and quality of clients, the quality and reliability of gear suppliers and the good quality of R&D.

Shouldn’t we be previous the finger pointing by this stage of the crisis? Does it truly matter who did, or did not, do what? Well, yes it does matter. Even so, there are numerous players in this economic theatre. Everybody from auto buyers, labourers, and most of all, management has played a part. The business would argue that they have been building cars primarily based on consumer demand. Consumers apparently wanted SUVs, CUVs, and higher performance … READ MORE ...