“[Could] motor cars could be produced [in a country like Germany] and sold in competition in the American market . . . .In my opinion it is impossible to reach the conclusion that competition from without can ever be any factor whatsoever?” CountryOpinionImpossibleCarCompetitionFactorsConclusionGermanyMotorMotor Cars Author:Alfred P. Sloan
“Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses” MayMatterForceLossResultsAcceptingReturnCompetitionFinalsRateProfitTemporary Book:My Years With General Motors Source: My Years With General Motors