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Auto Unions were blamed by corporate execs in the 1970s-2000s but the fact is the yen was undervalued at 250/dollar to 300/dollar in the 1980s up until 1999. E
by systemBuilder 8y ago
Auto Unions were blamed by corporate execs in the 1970s-2000s but the fact is the yen was undervalued at 250/dollar to 300/dollar in the 1980s up until 1999. Execs needed someone to blame or the board would fire their asses for not having the political connections to keep the car imports out..
- magduf 8y agoThe other big problem was that American cars at the time were poorly-designed, unreliable junk, and Japanese cars were great.