protectionism

The initial prognosis for the Volkswagen Up! in Japan is going the same direction as the name of the car: three weeks after launch, 3,000 orders have been placed in Nippon. That beats Ford's sales total for the entire year and is almost a month's worth of BMW imports. Posting those numbers, ...

The U.S. Car Allowance Rebate System (a.k.a. 'cash-for-clunkers') program was a short-term boon for automakers participating in our market. Sales went up, inventory went down and nearly 700,000 vehicles that would likely have otherwise ended up on used car lots were destroyed. And since the U.S. ...