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We all know how that turned out. Japanese companies, as well as Korean and German automakers, built a flock of nonunion plants, mainly in the South. Thousands of people applied for jobs, the factories fueled local economies, and the protectionist solution backfired. Unable to stave off the onslaught, Detroit lost market share and closed factories. American car companies said the restraints would give them time to cut costs and improve their vehicles' quality and fuel economy. If the Japanese wanted to sell more vehicles than the limits allowed, they would have to build factories here. Those factories, the Detroit automakers…
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January 22, 2026
06:10
Source: apnews.com
January 22, 2026
06:10
Source: clickondetroit.com
January 22, 2026
06:10
Source: usnews.com
September 21, 2025
01:52
Source: indiatoday.in
September 10, 2025
16:17
Source: businessinsider.com
June 5, 2025
06:09
Source: theglobeandmail.com
May 26, 2025
18:00
Source: theglobeandmail.com
April 14, 2025
10:16
Source: fool.com.au
April 3, 2025
05:03
Source: theglobeandmail.com