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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by drawkbox on Thursday September 27, 2018 @06:49PM (#18089560)
> most major european car makers survived the great recession just fine

Most of the European (Mercedes/BMW) engineering and product people have power. Even Honda for a long time engineers/product people drove most of the decisions and power structures. American car companies not so much, most MBA / bizdev lead over engineering and product people. Germany is unique in that engineering and the product quality is highly respected over short term gains only.

Additionally, BMW/Mercedes/etc cars also target the upper classes that weren't as affected by the Great Recession so they didn't have the pressures as much as the US car companies that needed bailouts. American industries targeting consumers in upper class and wealth didn't suffer as much.

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