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Old 11-18-08, 01:00 PM   #18 (permalink)
domtoni
5 Tenths
United Kingdom
 
Join Date: Jan 2007
Posts: 554
Re: Should the US Government (Taxpayers) Bail Out the Big Three?

Ron,

The other point I forgot to make:
- The U.S. can build good cars, with quality as good as anyone's in the world.
- For the past 20 years, the U.S. has been too focused on getting cost out of its product. Great idea when the system was loaded with fat.
- But as I have seen in the UK and the USA, no innovation in U.S. product was made (too much "next quarter profit focused"), the product gets old and no one wants to guy it, so you make it cheaper and go down the same route

In fairness, I have been impressed with GM's Cadillac and Corvette product range. The cars appear to be good and competitively priced. Ford's cars are either Volvos or Mazdas. The Chrysler 300 is an old E class.

Based on the above strategy, U.S. car consumers now prefer to buy German, or Lexus.

I guess we can than Roger Smith for the start of this decline of walking away from niche markets.

And he still gets a huge GM pension.

Ciao for now

Dom
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