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Filed under: Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos
Not long ago, each time gas prices shot up and car buyers turned their attention to more fuel-efficient models, Ford (F) and the other Detroit automakers would get hammered. Their strengths were in SUVs, big cars, and pickups — in other words, gas-hogs. Buyers wanting good mpg numbers tended to look to the imports — enough to make Toyota’s (TM) Corolla and Honda’s (HMC) Civic perennial best-sellers.
Meanwhile, the Detroit crew got by with small cars that weren’t very good (or profitable)….
Detroit’s New Focus on Small Cars and Quality Pays Off originally appeared on DailyFinance.com on 2012-02-04T06:00:00Z.
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DailyFinancePosted by FinanceGuru in Uncategorized
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