BigDoggy

The Long Case for Autos

Isn't the real case for long on US automakers the prospect that they might, as Obama has been suggesting for some time, be re-tooled to create hybrid and other high efficiency (but non-100% electric) vehicles? Isn't Toyota's value so much higher primarily because of their position as the top hybrid manufacturer?

I would think that the real case for buying GM or other domestic auto makers is not just tied to the potential bailout, but to the potential that Obama's energy plan will have a significant amount of relevant to them -- subsidies for them to re-tool their plants, and other financial incentives to make them competitive against Toyta's hybrid monopoly.

It still shocks me that companies like Ford and GM cannot make a legitimate competitor to the Prius in this day and age of superior American technology.