Throwing Out My Opinion on the Auto Bailout
I like to keep politics off of EcoModder, since I really feel like ecomodding is a non-political issue, even if there are some political reasons to get into. That’s why I am so hesitant to write this post: I don’t want to inject politics into a site that I think is better off without it. [...] Related posts:
More... |
I like it :)
|
Well thought out and rational points Ben.
|
I don't understand how a set of companies with a business model that hasn't been updated in 40 years still refuses to rethink the way they do things. There are plenty of car manufacturers that are making a profit at the same time that Ford was operating at a net loss of 5.8 billion dollars.
If I were on the board of a company in that situation I would be hoisting the CEO up by their petard and pushing for restructuring of both the company direction, budget, and 5-year business plan. Instead, GM continues to be the last company to adapt to changing consumer demand, and this means that most of the time they are 3 to 5 years behind the rest of the market when it comes to introducing products into any given market segment. They are stifled by both executive ineptitude and unions with a death grip on the nuts of those in positions to make the decisions needed to change the company. GM is a sinking ship that's on ablaze. And the executives seem to think that letting it sink is a sensible solution for putting out the fire. The problem isn't the sinking or the fire, it's the inability to adapt. |
^
True that yo. Its the reason they're not the biggest auto company anymore by relative sales and Toyota is. |
Quote:
|
Quote:
Ford said they may not even need it. I guess they can make payroll for another year. Don't divert the money that was going to be used for development. Tesla from what I understand put in for $400million to double the life of their battery packs/Build the production line of the four door sedan(500mile range with the new packs or a drop of $20,000 from what I understand). If they want the money make them work for it. They can put in an application for it just like everyone else. |
All times are GMT -4. The time now is 10:44 PM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Content Relevant URLs by vBSEO 3.5.2
All content copyright EcoModder.com