Shifting dynamics in global auto business

Tuesday, March 09, 2004

Automobiles has always been a good, leading edge industry to figure out global trends. So, here are two stories that caught my eye.

The first: Michigan's governor is determined to compete with Southern states in attracting foreign auto companies. (Her pitch, though, sounds like a used car ad: ""To the extent that anybody's looking somewhere else, come talk to us first because we will meet or beat your best deal.")

Read more.

At the same time, this week demonstrated what global competition is all about in automobiles. For the first time, foreign countries outnumber state development offices in exhibiting at the Society of Automotive Engineers World Congress in Detroit.

From the article: "Sonny Simmons, representing the state of Mississippi, said it's no longer states versus states or even North versus South.

"'Everybody is looking,' said Simmons, who was one of at least five recruiters from Mississippi. 'We have China, France and the UK calling us looking to locate, and there is a company out of Mexico who may want to move to Mississippi.'"

Read more.

posted by Ed Morrison |

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