63 comments on Peter Maass: Why Americans look the other way
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63 comments on Peter Maass: Why Americans look the other way
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and Dodge will show a concept of the Challenger concept Challenger to compete with the Ford Mustang
The point i was trying to make with this is that there appears to be no concern for energy conservation at GM or Dodge, and GM just announced they were laying off 30-40,000 workers this past summer. So they plan to re-invent themselves with muscle cars? I bet these new muscle cars will be just as thirsty as the Hummer.
They (GM, Ford and Dodge) just don't get it. Honda and Toyota are leading the way on Hybrid technology vehicles, and trying to move away from gasoline based transportation in a hurry.
Rainwater was saying "most people buy an investment and wait for something to blow, I wait for something to blow and then buy".
Had we all been visionary back and bought those cars, we'd all be laughing all the way to the bank.
I have absolutely no sympathy for Detroit, as they have continually shot themselves in the foot...over and over again. They seem to have a tremendous talent for consistently doing the wrong thing.
Just to add a little amusing historical perspective: as late as 1966 some high-level GM executive, commenting on the success of the VW Beetle, said something to the effect, "We know there is a hard-core bunch of weirdos out there who'll insist on buying a foreign car no matter what. Well, we don't particularly want their business."
He sure got his wish! So much for insightful forward thinking.