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

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To: ajtj99 who wrote (68611)	9/5/2007 3:37:45 PM
From: koan	Read Replies (1) of 116555

That is pure fiction. GM and ford refused to make fuel efficient cars as they were making much better profits on the huge ones. And they felt they could sell the "stupid American public anything". So during the oil spike of the 70's people parked their American cars and bought VW's and Japanese cars which gave those ocmpanies an inroad. Peopel never switched back after finding ut how much better constructed those cars were. they had much less mechanical problems. And even today ford just lost 22 billion dollars (building not only the worngcars but inferior cars) because they did not learn from the 70's. and they were greedy and kept pushing suv's and huge trucks. The Japanese debated this and decided to stay green. Now they are a decade ahead of GM and ford. And EVERYONE knows Japanese cars are built better. In fact when in college I worked as an inspector at the ford plant in Milpitis California and I was specifically instructed to not inspect the cars too closely. The stupid conformist and greedy auto companies are responsible for their own demise. Don't lay it on the workers. Did it ever occur to you that the Toyota plants in the US are doing just fine?

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