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AutomakersNo breather on news front in 1994; auto industry moves from ICU into recovery roomNo breather on news front in 1994; auto industry moves from ICU into recovery room
Like the automotive industry's swiftly rebounding sales, there was scarcely a breather on the news front in 1994.Each of the U.S. Big Three automakers reorganized in varying degrees; each entered critically important new vehicles on the market; and it was a turbulent year for the Japanese-based automakers, who were hit by the double whammy of market softness at home and rising U.S. prices triggered