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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (440479)	12/14/2008 7:32:37 PM
From: TopCat	Respond to of 1573023

"Who says GM can't produce Car 2.0? Isn't that what the Volt is about? And whose says that Car 2.0 needs to come in one shape and size?" Friedman did. "Do not expect this innovation to come out of Detroit. Remember, in 1908, the Ford Model-T got better mileage — 25 miles per gallon — than many Ford, G.M. and Chrysler models made in 2008. But don’t be surprised when it comes out of somewhere else. It can be done. It will be done. If we miss the chance to win the race for Car 2.0 because we keep mindlessly bailing out Car 1.0, there will be no one to blame more than Detroit’s new shareholders: we the taxpayers." And, you did. "Good article. And it makes the case for why we can't just focus on labor when dealing with GM's problems. Mgmt is as much to blame with their unwillingness to look at change and to innovate. I firmly believe that GM's stodgy corporate culture is an important reason why its suffering today. And its the harder thing to change. Labor contracts can be amended.......changing the mindset of a corp. is much harder."