in the current economic meltdown car manufacturers have crashed down and are caught in the tornado which is forcing them to be puppets. however, a salient feature which has kept Japanese and Korean manufacturers up is their ability to save when it is summer. these companies have truly been global in terms of adapting to changing cultures in their respective markets. Hyundai Motors Co has made India its small car manufacturing hub.
well this is also applicable for people who were not investing greedily in the Wall Streets and Dalal Streets of the financial worlds. there were some of my colleagues who were cautiously approaching their investments and there were a few who were lost in thoughts of early retirements. finally the ship has sunk and many are left with dreams.
just read a great article on Toyota and how it has faced challenges and what lies ahead. Would like to share it with you guys.
