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Author: Mike

Prof of Economics, Wms School of Commerce, Washington and Lee University, Lexington VA

Assembly Video – Ford China

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Here is a really nice video that follows a vehicle through the assembly process. During our trip we didn’t see welding robots, and because they’re…

Tesla: First the Cash, Then the Crash

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Tesla recently (briefly) surpassed both Ford and General Motors in market capitalization. My own prognosis for Tesla’s longer-run prospects aside, once the Model 3 launches…

Annual redesign was a Faustian bargain

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Here is the canonical Prisoners Dilemma setup. If GM and Ford don’t engage in annual model changes, neither has an advantage in the market place…

Spring 2017

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This course will be offered Spring 2017, with a trip to Detroit the 3rd week of the term. The cost is penciled in at $700.…

Course over! back to Autos & Economics

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The course came to a safe conclusion with the final week including a visit to Metalsa, a heavy truck rail manufacturer in Roanoke, and meetings…

Journal entry: Fox Recycling

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I’ve been to many of the sites we’ve visited before. I’ve not previously met Mr. Hau of Ford, or Brandon Schoettle of UMTRI, and will…

Adding to WordPress

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All class members should have received an email invitation to join this site as an Author. Please respond to complete the signup before it expires.…

Spring 2016 Class

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This course will be offered Spring 2016. We spend one week in Detroit (6 days including travel) during the 3rd week of classes (May 8-13,…