A2: Auto Industry
The New York Times reports on sluggish U.S. auto sales, and notes its impact on the expansion by foreign automakers in the U.S. market. Says David E. Cole, chairman of the Ann Arbor-based Center for Automotive Research: ”So many foreign transplants came so quickly because they had visions of grandeur in their eyes. Now they’re saying, ‘Oh my, what have we done?’ ” [Source]