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With its acquisition of Michigan's Suburban Collection, the retailer is entering suburban Detroit — a market heavy in leasing and factory pricing business and one that some of its primary competitors have left.
GM's decision to cancel its experiment 25 years ago to avoid decades of losses wasn't wrong; many of the challenges that plagued the project then still exist today.
At most automakers and Tier 1 suppliers, not much changes after supply chain problems. Once they're over, they all go back to business as usual until the next earthquake, tsunami, flood, strike or other event causes a new complication.
In 2015, Elon Musk tried to poach Herbert Diess, who was then BMW's head of development, to run his electric car maker.
