The American auto industry is very big and very complicated. Even in good times, its Byzantine ways are mysterious. In these troubled times—massive job losses, high gas prices, shifting consumer demand—the picture of Detroit gets even murkier. It doesn’t help that the industry is dominated by corporate spinmeisters kicking up more dust than the Tasmanian devil. Fortunately, there are a few industry-watchers out there who can look past the flying debris, and aren’t afraid to describe the situation in vivid terms.
Critical read:
Another Inconvenient Truth: How biofuel policies are deepening poverty and accelerating climate change (PDF, 58pp, 539kb) by Oxfam#