Re: Too...

[farna@xxxxxxx]

Yes, it looks like the American auto industry is going the way of the British auto industry in the 60s and 70s. Drying up due to competition they either can't or won't keep up with, and coporate glut. They simply refuse to switch to a more streamlined business model, preferring to keep to "business as usual" with high paid execs who really don't do a damned thing for the company but draw a salary, then have the nerve to EXPECT big bonuses at the end of the year. The idiots could switch business models and start "thinning the herd" by attrition to reduce impact on themselves if nothing else. But there's nothing like spending coporate money to stall such a thing, until the coporate bank account dries up. But when you have plenty $$$ stashed away for your retirement who cares? 


On May 19, 2005 Mahoney, John wrote:

> I heard this in Detroit:
> 
> Q - What must Toyota do to ensure success of the next Camry?
> A - Keep selling the old one but with redesigned taillights.
> 
> Q - What must GM do to ensure survival into the next century?
> A - Keep hoping the 1980s return and bring back Olds Cutlass.

> 
> And this from Germany:
> 
> Q - As you know, production of Dexron III ends next year and Dexron VI can
> be used for fluid replacement.  (No Dexron IV or V: don't ask why.)  GM
> claims its product is the world's finest.  Therefore, since BMW must use
> Dexron in transmissions it buys from GM to qualify for warranty, why doesn't
> GM use Dexron in transmissions that it buys from other suppliers around the
> world?
> 
> A - "It would cost more than using a blend."  (Ah, America...)
> 
> 
> If Japan and Korea aren't enough for GM to face, they soon face more.
> 


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