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Halberstam saw rise decline of Detroit, rise of Japan

The Detroit Free Press's Tom Walsh reminds us that the late great David Halberstam predicted the decline of Detroit's auto industry and the rise of Japan's auto companies back in 1986.
He remembered a phone interview at that time in which Halberstam said Detroit's auto industry was "extraordinarily vulnerable." It "remains weaker and smaller than ever before. There's an illusory quality to the industry's comeback," he added.
It was Sept. 17, 1986, Walsh writes. The man speaking was David Halberstam, whose book "The Reckoning," on the stunning rise of Japan's auto industry and the decline of Detroit's, was new in stores.
Walsh goes on to argue that it should not matter that Toyota is now No.1, the focus in Detroit should be better autos

Posted by   at 10:51 AM to Auto industry | Permalink

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