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Should the government save our auto industry?

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Old 08-10-2008, 07:46 AM
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[QUOTE=dlq04,Aug 10 2008, 06:25 AM] Reportedly Mulally has eliminated the classic Detroit policy of designing, engineering and producing vehicles in a vacuum
Old 08-10-2008, 08:21 AM
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[QUOTE=dlq04,Aug 10 2008, 06:25 AM]Some insiders think Ford, under the leadership of CEO Alan Mulally, will be the best-positioned American automaker for this still-new century.
Old 08-10-2008, 11:34 AM
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Alan was really popular at Boeing. Whether that translates into success at Ford is yet to be seen.
Old 08-10-2008, 11:45 AM
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Originally Posted by cordycord,Aug 10 2008, 11:46 AM
Be careful what you wish for--wasn't the Buick Rendezvous known for being created entirely by focus group?
.....
Interesting factoid NOT heard during the Olympics:

BUICK is the #3 selling marque in China (it's a jt venure betw GM and a Shanghai company). When I was there, most of the Buick models were seen all over the place. Apparently, they're a popular exec/ middle mgt vehicle....on par with Audi in sales
Old 08-10-2008, 07:52 PM
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The first car I drove in on my first visit to Taiwan was a Buick Regal. Now it's Mercedes, Lexus, BMW.
Old 08-11-2008, 05:55 AM
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Interesting reading. Realistically, lots of business are subsidized one way or another, e.g. railroads, postal service, farmers, defense contractors, etc. We've all opined on what should happen. How about comments on what will happen? Bailing out the Big 3 will run us afoul of the WTO, but that is nothing new here or elsewhere. I believe our government - regardless of who is the next President- will take steps to give them a helping hand. I can only hope the actions will not be too tangled and complicated, with both the companies and the workers making meaningful compromises/sacrifices and focusing on common goals. There just is not enough cash available for them to reinvent themselves in a necessary timely manner. What do you think?
Old 08-11-2008, 06:07 AM
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Originally Posted by Warren J. Dew,Aug 10 2008, 11:21 AM
I'm not convinced that a "worldwide product" is the right approach, though. Different regions have different needs.
That was an over simplification. Mulally
Old 08-11-2008, 06:11 AM
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Originally Posted by cordycord,Aug 10 2008, 10:46 AM
Be careful what you wish for--wasn't the Buick Rendezvous known for being created entirely by focus group?
Where's Harley Earl when you need him?

http://www.carofthecentury.com/
Old 08-11-2008, 07:48 AM
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Originally Posted by RC - Ryder,Aug 11 2008, 06:55 AM
I believe our government - regardless of who is the next President- will take steps to give them a helping hand. I can only hope the actions will not be too tangled and complicated, with both the companies and the workers making meaningful compromises/sacrifices and focusing on common goals. There just is not enough cash available for them to reinvent themselves in a necessary timely manner. What do you think?
I certainly hope not.

Why is it that so many people seem to be up in arms about our government spending our tax money on things like social services, but investing our money in failing companies is just fine?

Ask yourself --would you buy stock in one of these companies? If the answer is no, then why would you want the government to do so?
Old 08-11-2008, 12:49 PM
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Originally Posted by dlq04,Aug 11 2008, 10:07 AM
.....A half dozen or more European-developed small cars and cross-overs are scheduled to debut in North America early next decade as part of Mulally's strategy to leverage global resources.
I just skimmed a copy of Consumer Rept at the libe...either Aug or Sept. They highlighted a dozen new small cars that are already pretty energy efficient (Honda Fit in MT and auto were well represented), as well as a suggestion of 15-20 USED (aka "pre-owned" ) gas misers in the price range of $10-20k; and <$10k.

Unfortunately, the only American cars in either category were a couple Fords and Chevys.....and I don't think any got the vaunted "Consumer Rept" check mark


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