A major problem facing American automakers over the past decade is that the Japanese have a significant advantage in new product development time. ... For example , Ford attracted many buyers with its Taurus and Sable in 1985, the same year a new Honda Accord appeared. ... July 2, 1990, p. 21), 68 percent of the respondents said they would not buy a domestic car in its first year of production;anbsp;...
|Title||:||Brookings Papers on Economic Activity, Microeconomics: 1996|
|Author||:||Baily, Martin N., and Clifford M. Winston.|
|Publisher||:||IICA - 1995|