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Corporate

Aug. 3, 2010

Somebody Tell Them the Party's Over

Will GM, Ford and Chrysler regain their status as the industry's top automakers or will they slip into irrelevance? By Jonathan Michaels of Michaels Law Group.

By Jonathan Michaels

For a nation founded on innovation and deeply rooted in the entrepreneurial spirit, one has to wonder how they got it so wrong for so long. The Big 3 that is, now recognized by their new name, the Detroit 3. It is an odd paradox in a way, but just mentioning the names GM, Ford and Chrysler conjure a vast array of thoughts and emotions. Is it Henry Ford's invention of the assembly line? Is it the enormous pride that one exhumed in ...

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