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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (95389)	7/2/2008 8:22:17 PM
From: Think4Yourself	Read Replies (3) \| Respond to of 110194

You'd be amazed at how fast the automakers can change. It was true they were battleships many years ago. Not any more. I think people seriously underestimate how quickly the automakers will adapt. It won't be overnight but it won't take years either. They retool a plant at the end of a model year in less than two weeks. What they need to do now is considerably more complex than a simple retool, but they have a lot of expertise. It's the perceived quality of what they produce that could do them in. Chevy has some small piece of crap on the market right now. Can't remember the name offhand but Consumers Reports rated it as one of the worst cars. They MUST build quality, but they probably won't. The top managements are incompetent.