Economic Development Futures Journal

Sunday, July 17, 2005

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Michigan Works on Global Auto Industry

Domestic automakers, who have long made their home in Michigan, are downsizing in Michigan and other US locations. Michigan officials have stepped up international business development efforts to try to replace their losses.

This quote from a recent news article says it all: "Michigan is increasingly turning to foreign automakers and suppliers as Detroit's Big Three - GM, Ford Motor Co. and DaimlerChrysler AG's Chrysler Group - downsize and lose market share in an increasingly global marketplace."

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