Our findings support rapid, wide-reaching change in business models. The key to a long-term recovery is executing an excellent portfolio of products, and we find that increasing fuel economy standards will lead to a portfolio of products that is more likely to raise the profits of the Detroit 3 automakers than to lower them.Perhaps it's not fair to lump all three major American automakers into the same category, but it's also true that Ford, General Motors and Chrysler have only recently shown any real efforts to drastically improve the fuel efficiency of their automotive fleet. Whether it's with the current leadership or not, hopefully that culture really is on the way out.
[Source: Automotive News - sub. req'd]
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