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STUDY: The way to profits in Detroit? Make fuel efficient cars

According to a new study by the University of Michigan Transportation Research Institute, the Detroit three automakers need to make major changes in their current corporate cultures if they truly want to reverse their fortunes, and that will likely require new leadership. Says Walter McManus, director of the Transportation Research Institute's Automotive Analysis Division and co-author of the report: Our findings support rapid, wide-reaching change in business models. The key to a long-term recovery is executing an excellent portfolio of ... Read more →

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