Once Upon a Car: The Fall and Resurrection of America's Big Three Automakers—GM, Ford, and Chrysler

· Harper Collins
4.1
11 reviews
Ebook
405
Pages
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About this ebook

Once Upon a Car is the brilliantly reported inside-the-boardrooms-and-factories story of Detroit’s fight for survival, going beyond the headlines to chronicle how the country’s Big Three auto companies—General Motors, Ford, and Chrysler—teetered on the brink of collapse during the 2008 financial crisis. In a tale that reads like a corporate thriller, Bill Vlasic, who has covered the auto industry for more than fifteen years, first for the Detroit News and now for the New York Times, takes readers into the executive offices, assembly plants, and union halls to introduce a cast of memorable characters, many of whom are speaking out for the first time, including the executives who struggled to save their companies but in the end had to seek a controversial, last-gasp rescue from the U.S. government.

Vlasic goes behind the scenes to portray the men at the top during Detroit’s last stand. Rick Wagoner, the CEO of General Motors, tried to turn around a dying company, only to be forced to resign as a condition of the government bailout. Bill Ford, great-grandson of the legendary Henry Ford, had the will to keep Ford alive but needed the guts to hire an unknown outsider, Alan Mulally, to transform the company before it crashed. At Chrysler, leadership was constantly changing as new owners tried in vain to fix the smallest of the beleaguered Big Three. And through it all, the president of the United Auto Workers union, Ron Gettelfinger, fought to save the jobs of the men and women who build American-made cars and trucks.

This tale of an iconic industry in crisis is more than a big business drama and provides a rich, unvarnished portrait of how Detroit’s decline affected tens of thousands of workers and dozens of communities nationwide. The story moves from the gleaming corporate skyscrapers and massive auto plants to the halls of the U.S. Congress and into the Oval Office, where President Obama and his aides wrestled with how to keep General Motors and Chrysler from going out of business. Vlasic shows why the bailout worked, and how Detroit can succeed under new leadership and build automobiles equal to any in the world.

Once Upon a Car tells a uniquely American tale of success, failure, and redemption. It is an important and illuminating chapter in an astonishing story that is still unfolding. And no one is more qualified to write it than Bill Vlasic.

Ratings and reviews

4.1
11 reviews
A Google user
July 29, 2012
Q. How did you like this book? A. It was great. I was intrigued throughout the book and learned a lot. Q. What did you learn? A. I am not a car person. Crossword puzzles are more my speed. But if a book is well written, the content does not so much matter. Bill paced this book just right. He weaves the stories of the three big American automobile companies perfectly. Although there are dozens of players, Bill helps us to recognize each one of them and keep each distinct. At the time all of this was going on, between 2000 and 2011, I was unable to keep up with the news on these issues. Bill filled me in entirely with all the hoary details. But they do not seem like details. Rather, Bill makes each detail a part of the larger plot, almost like a novel. Q. Any complaints? A. At first, I thought Bill was succumbing to interviewer bias or reporter bias. That means that in some books, written by industry news reporters, the authors try not to burn their sources by speaking ill of them, even if it is merited. Bill does do this to a certain extent, and he tends to lionize these automobile executives a bit. But as I read through the whole book, I could see that he was being as honest as he could be. Blame is laid where it was found, and some of his sources may be unhappy about it, but he is telling the truth. Q. So you can recommend this book for a general audience? A. Yes. Even car idiots like me will enjoy the reading. The personalities and careers of these people are very interesting.
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Ken Price
June 20, 2016
Interesting from cover to cover.
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Abraham for life perlas
November 29, 2014
Any color 2004 5 6 4
1 person found this review helpful
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About the author

An award-winning business reporter with more than fifteen years of experience specializing in the automotive industry, Bill Vlasic is currently the Detroit bureau chief for the New York Times. The coauthor of Taken for a Ride, Vlasic is a winner of the Gerald Loeb Award for excellence in financial journalism and has been recognized for his reporting and investigative journalism by the Associated Press and the Society of American Business Editors and Writers.

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