What next for Detroit's carmakers

The Story of Money

Manuela Saragosa

Business, Crypto, Markets, Finance, Banking, Investing, History, News

4.4 • 400 Ratings

🗓️ 22 January 2019

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

The future is on the line again for the carmakers known as the "big three": Ford, GM and what is now Fiat Chrysler. Ten years ago the question was whether the carmakers would survive the financial crisis. Today, investors wonder if traditional car companies will be able to make the technological shift to an industry of self-driving, electric and service-focused cars. The FT’s Patti Waldmeir reports.

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Transcript

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0:00.0	Am I missing anything? Is this the right decision?
0:02.0	Is this a connection?
0:03.0	Are I too late?
0:05.0	Find clarity in your investment decision-making.
0:08.0	Manage your portfolio for sustainable growth and regulatory alignment
0:12.0	with the ultimate blend of powerful AI and
0:14.6	industry expertise.
0:16.5	Reduce risk, meet your sustainability goals and push the boundaries of possibilities based on
0:21.1	facts, not opinions.
0:23.0	Clarity AI scaling human decisions through tech.
0:26.6	Visit clarity.
0:27.7	AI and take action today. Hello and
0:35.0	welcome to Behind the Money with the Financial Times.
0:37.0	I'm Amy Keene.
0:38.0	The Detroit Auto Show.
0:40.0	It takes place in mid-January every year,
0:42.0	and it has historically been the leading trade show
0:44.2	for the world's carmakers.
0:46.0	Representatives of companies from so many different corners of the auto supply chain descend on the
0:50.1	Motor City to unveil the latest models and gadgets.
0:53.4	But this year...
0:54.4	Well, the Auto Show was really like a ghost show this year.
	...

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