Economics' Sue Helper explains success of successful automotive subbrands
For new car brands, the path to success is littered with flops
The New York Times: Sue Helper, the Frank Tracy Carlton Professor of Economics at Weatherhead School of Management, said successful automotive subbrands create distinct value, citing Lexus’s combination of Toyota's reliability and luxury refinement. She noted Lexus emerged partly because Toyota needed higher-profit vehicles under U.S. sales quotas, and recalled Saturn’s early success as a brand separate from GM’s negative image.