I found this interesting article on ThomasNet.
IMT reader Nick Sevastian, a mechanical engineer by education who specialized in Special Purpose Machinery and has 27 yearsâ€™ of experience, tries to pinpoint the reasons for â€œthe American industrial declineâ€� â€” especially in comparison with Japan.
Has anybody wondered why the Japanese automotive industry continues to gain market while United States automotive players keep losing it? While many of us have some answers, in my opinion nobody has put his or her finger on it, dotted the â€œiâ€�s and crossed the â€œtâ€�s. I will try to take a shot at it.
While his article is very interesting, even more interested are the pages and pages of responses it generated. Well worth taking a half hour some time and reading through.