Jeremy Needham

The Case for Domestic Automakers

GM and Ford are actually profitable in Europe and make some of the best-selling automobiles on the continent. Besides, Europe as a whole has a much more level playing field in the auto market than the US. It's like comparing apples and oranges.


On Nov 19 04:42 AM from Holland wrote:

> In Europe the markets are open to any, Asian and US, automaker. Still
> the US cars did not sell well. Why? Because the quality sucks, the
> technical performance is poor, the design does not appeal. The only
> good thing I can think of it the price is low. But since we Europeans
> know that you get what you pay for the low price is more a warning
> than an attraction.
>
> US automakers face the truth. Your shoddy goods cannot compete in
> a global market. Succes [relative] in your local market hid that
> for a while but now anymore. I would put my money in succesfull industries.
> Not in the dinosaurs (unless you prefer living in the past).