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Non-Tech : GM - General Motors
GM 67.35-1.3%2:25 PM EST
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From: Arthur Tang12/6/2008 8:21:33 AM
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Crying wolf is not going to upset the theory of obsolescence and replacement set up by Sloan in 1929.

There are 250 million cars on the road that needs to be replaced. They will not be replaced by new technology. They have to be replaced by size and comfort. If you have a large family, no one will buy a small car.

So, with the advancement of Nascar technology, frontal resistance reduction is fuel savings. Light weight but large size will protect death by accidental collisions. And size of cars can be light weight in Nascar designs.

So, management that did not understand why 1929 needed obsolescence and replacement every three years, you will shrink your automobile markets without styling changes. Every ten years or every twenty years is the root cause of uninterested customers for cars.
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