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From tail fins to hybrids: How Detroit lost its dominance of the U.S. auto market

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Author Info
Thomas H. Klier

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Abstract

This article explores the decline of the Detroit Three (Chrysler, Ford, and General Motors). The author identifies three distinct phases of the decline—the mid-1950s to 1980, 1980 to 1996, and 1996 to 2008—culminating in the bankruptcies of Chrysler and General Motors in 2009. In showing how the U.S. auto industry has evolved since the mid-1950s, this article provides a historical frame of reference for the ongoing debate about the future of this industry.

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File URL: http://www.chicagofed.org/publications/economicperspectives/ep_2qtr2009_part1_klier.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives.

Volume (Year): (2009)
Issue (Month): Q II ()
Pages: 2-17
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Handle: RePEc:fip:fedhep:y:2009:i:qii:p:2-17:n:v.33no.2

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Kwoka, John E, Jr, 1984. "Market Power and Market Change in the U.S. Automobile Industry," Journal of Industrial Economics, Blackwell Publishing, vol. 32(4), pages 509-22, June. [Downloadable!] (restricted)
  2. Thomas H. Klier, 1994. "The impact of lean manufacturing on sourcing relationships," Economic Perspectives, Federal Reserve Bank of Chicago, issue Jul, pages 8-18. [Downloadable!]
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This page was last updated on 2009-11-18.

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