[Land-speed] GM ?? Ford ?? Mopar ??

[Bryan Savage]

There was a time when you had to make a good product to make money. That
is one of the basic concepts behind the saying "Let the Market Decide".
Today, the product that sells best has the biggest advertising budget. 
They do
the best job of making people buy their product which is made in China.
Current economist's are clueless. See "The Economist Has No Clothes"
in the April 2008 Scientific American:
http://www.sciam.com/article.cfm?id=the-economist-has-no-clothes
Wall Street has been listening closely to the economist's and look where 
we are at.
It's no surprise.
Read the article and you'll understand.

Bryan





Ed Weldon wrote:
> Actually the government did run the auto companies during WWII.  With the
> Army and Harry Truman watching over them they sure produced a lot of tanks
> and deuce and a halfs.
> IMHO the problems with US auto companies today can be traced to the need to
> show Wall Street a handsome profit every quarter and the inability of the
> auto company managements to see anything beyond the "Corn Curtain".  They
> are simply unable to plan anything beyond the new model development cycle
> time.  Which coincidentally was about the same time that people would make
> their payments to their finance divisions before trading in as well as the
> length of the union contracts.   And note that the finance divisions were
> the biggest profit centers.  All of which made it desireable to design cars
> that would last only three years until they were traded in.
> Ed Weldon