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Session 5 Auto Industry in Transition
The severe recession includes a historic decline in vehicle sales in the U.S. and in other major markets. Both GM and Chrysler, along with their finance companies, have received government support -- and more may be on the way. A panel of experts will discuss the auto industry in transition, looking at where the automakers are headed and how they will change their relationships with their labor forces, customers, suppliers, and competitors.
Presentations
Speakers
Kathryn Kobe
MRT Chair
Kevin Hassett
American Enterprise Institute
Kevin Hassett directs economic policy studies at AEI. His research interests include tax policy, the U.S. economy, the stock market, and investments. He is also a weekly columnist for Bloomberg. Before joining AEI, Hassett was a senior economist at the Board of Governors of the Federal Reserve System and an associate professor of economics and finance at the Graduate School of Business of Columbia University. He was an economic adviser to the George W. Bush campaign in the 2004 presidential election and the chief economic adviser to Senator McCain during the 2000 presidential primaries. He currently serves as a senior economic adviser to the McCain 2008 presidential campaign. He has also served as a policy consultant to the Treasury Department during the former Bush and Clinton administrations.
Ellen Hughes-Cromwick
Ford Motor Company
Ellen Hughes-Cromwick is a director and chief economist at Ford Motor Company. She joined Ford in 1996, and now directs the corporate economics group with major responsibility for the company’s global economic and automotive industry forecasts. Prior to joining Ford, she was a senior economist at Mellon Bank from 1990 to 1996, and assistant professor of economics at Trinity College in Hartford, Connecticut, during the late 1980s. She served for two years as a staff economist on the President’s Council of Economic Advisers during the Reagan Administration. She received her bachelor’s degree from the University of Notre Dame, a master’s degree in international development, and a PhD in economics at Clark University in Massachusetts. She was recently appointed to the Congressional Budget Office Panel of Economic Advisers.
She is the immediate past president of the National Association for Business Economics. For four consecutive years, Ellen has served as co-chair of NABE’s Annual March Policy Conference held in Washington, DC.
Robert Scott
Economic Policy Institute
Dr. Scott joined the Economic Policy Institute as an international economist in 1996. Before that, he was an assistant professor with the College of Business and Management of the University of Maryland at College Park. His areas of research include international economics and trade agreements and their impacts on working people in the U.S. and other countries, the economic impacts of foreign investment, and the macroeconomic effects of trade and capital flows. His research has been published in The Journal of Policy Analysis and Management, The International Review of Applied Economics, and The Stanford Law and Policy Review, and he has written editorial pieces for The Los Angeles Times, Newsday, USA Today, The Baltimore Sun, The Washington Times, and other newspapers.
He has a Ph.D. Economics, University of California at Berkeley, 1989 and a B.S. Engineering, Washington University (St. Louis), 1975.