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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: renovator who wrote (52509)	6/27/2006 11:28:12 PM
From: TH	Read Replies (1) of 116555

renovator, My sincern apology for missing your reply to my post. You are exactly correct that Detroit made a choice to stay behind on anything alternative or extremely efficient. I worked on a major electric car program at Ford in the mid 90's, only to see it trashed at the first sign of a weak quarter. The mid to late 90's at Ford was all about buying useless and expensive brands and cutting overhead by passing the majority of the real engineering and program management work to the new Tier One Mega suppliers. That idea had/has merit, but it removes core engineering and the resulting innovation from internal OEM control. The past four months have been difficult for my automotive activity at Ford and GM. People involved in my programs just disappear and the void creates delay. The 289 was always a favorite engine (the 428/429 cobra jet was really my favorite, but that was when gas was a sub-dollar a gallon...and those days are gone forever! <g>). GT TH

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