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At the beginning of the nineties, the global car industry was in decline and the German car manufacturers were scared to death. They were warned that the Japanese competition had great advantages in terms of quality and productivity, as shown in the business book bestseller The Machine that Changed the World. And with the help of low prices, Lexus in particular made a successful entry onto the American car market. Top management consultants warned that only a handful of huge global car groups would... Mehr

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