Car Quote by Alfred P. Sloan
“[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?”
About This Quote
Source Speech: Public statement on automotive competition, 1930s
Sloan doubts foreign competition can significantly affect the American auto market, believing domestic producers dominate.
In simple terms: Foreign car makers unlikely to impact US market.
Focus on strengthening domestic industry.
Themes
Mood
Type
When to use this quote
- policy making
- business planning
- trade negotiations
Key Concepts
Questions to Reflect On
- How might foreign innovation change US market share?
- Can domestic firms stay competitive without foreign pressure?
Assumes static market conditions; ignores innovation from abroad.