Apr 2, 2009 -
Wide Turns
Sometimes given the size of the object involved, changing directions requires a wide, slow turn to change direction.
The auto industry certainly qualifies as "large" and won't turn around on a dime, but there are signs that a change of course is taking place.
Auto sales fell by 37% in March, but that's an improvement from the month before and some are looking at it as a sign that things may be bouncing around the bottom.
"It's maybe a little tiny sign of life," Jim Press, Chrysler's vice chairman and president, said in a conference call. "It's kind of like a little seedling you have to nourish. It's too early to tell. Customers are worried. There's still a lot of bad news out there. But it isn't continuing to be worse, worse, worse."
We just have to keep leaning on the tiller to get this ship turned around.
Read more at the Washington Post