News source: Auto-industry crisis and bailout issue

Marc Scheinman, PhD, an expert on the automotive industry who has been involved with Mexican and U.S. CEOs for more than 20 years, is professor of marketing at Pace University’s Lubin School of Business in New York. Professor Scheinman is available to comment on the auto-industry crisis — a priority in Barack Obama’s first post-election press conference last week — and the broader debate over how far the government should go to prop up ailing industries.

November 11, 2008

Contact: Bill Caldwell, Office of Public Information, Pace University, 212-346-1597, wcaldwell@pace.edu

NEWS SOURCE

Topic: Auto-industry crisis and bailout issue:

Prediction: Scrutiny of past failures and UAW pension funds

Marc Scheinman, PhD, an expert on the automotive industry who has been involved with Mexican and U.S. CEOs for more than 20 years, is professor of marketing at Pace University’s Lubin School of Business in New York.

Professor Scheinman is available to comment on the auto-industry crisis — a priority in Barack Obama’s first post-election press conference last week — and the broader debate over how far the government should go to prop up ailing industries.

“With the new Obama administration the US Big-Three are likely to receive a lot of attention, and potential help. However, the reasons for their past failures also will come under increased scrutiny. And, for the first time in decades, the UAW’s pension funds will be a focal point.

“Whatever the Obama administration does one thing is clear: the US Big-Three no longer will be the dominant players they once were.”

Scheinman’s area of specialization is corporate strategy in the automotive industry in the United States, Mexico, Brazil, Argentina and Chile (NAFTA, MERCOSUR, FTAA). His research has appeared in numerous professional journals including Ward’s Automotive International, Ward’s Automotive Reports, Japanese Motor Business, and International Motor Business. He headed up the Economist Intelligence Unit (Motor Business International) analysis of the automotive industry in Mexico, the U.S. and Latin America for over a decade. He has been quoted in BusinessWeek, New York Times, Star-Ledger, and has appeared on CNN en Español.

Phone 732-491-1738 (cell); email scheinman@att.net .

The Lubin School of Business is accredited for both business and accounting by AACSB International, an elite distinction shared by fewer than 3% of business schools worldwide. With a tradition of practice-oriented curricula, the school has achieved national recognition for both its graduate and undergraduate programs in U.S.News & World Report and other media. Approximately 4,000 students are enrolled in Lubin’s undergraduate, graduate and professional degree programs in Downtown and Midtown New York City, and Pleasantville and White Plains in Westchester. Prominent alumni include Melvin Karmazin, CEO, Sirius Satellite Radio; James Quinn, president, Tiffany & Co.; Ivan Seidenberg, chairman and CEO, Verizon; Marie Toulantis, former CEO, Barnes&Noble.com; and Richard Zannino, former-CEO, Dow Jones & Company. www.pace.edu/lubin.

For 102 years Pace University has produced thinking professionals by providing high quality professional education resting on a firm base of liberal learning, amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling more than 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu