Wall Street Breakfast: Must-Know News [View article]
Old Trader, Ford has received billions from the DoE in corporate welfare so they aren't pure by any means. But refering to my earlier post, the perception is that they are the last "American" car company standing.
Wall Street Breakfast: Must-Know News [View article]
I think the American car companies have been kept afloat for decades by people who want to "buy American". I think this also explains the descrepencies in the sales figures. Buying "welfare cars"/Chrysler & GM vehicle is not considered "American" by middle Ameirica. Ford is the only true American car company left standing in their eyes. As the owner of several Fords, I'm in that camp as well. If I'm right, then GM and Chrysler had better build superior cars in a big hurry because they are on the same footing as Honda and Toyota in the mind of US consumers which means they will be compared soley on their products. Treacherous turf to be sure.
Wall Street Breakfast: Must-Know News [View article]
Europe is an non-competetive as it gets yet it doesn't run huge trade deficits. Other than protectionism, how do I explain this...VAT. Tax consumtion rather than production.
Wall Street Breakfast: Must-Know News [View article]
I'm in the business and I was shocked by the Northrop win. I would call it a shot across the bow for the tanker bid to be sure. I've been thinking that the Aif Force is pissed about the rigged tanker bid that has tarnished their reputation and is taking it out on the perp, Boeing.
Popular Mechanics Gets It Wrong on Buick Hybrid [View article]
The Volt is in part a brilliant idea, one I had 26 years ago. The problem was in its goals and execution. An all electric drive train is brilliant and to prove its efficiency look at every modern locomotive. Diesel engine, electric drive train. Simple elegant, brilliant and far more versatile that idiot hybrids like the Prius and the far stupider versions everyone else is making. The problem is they should have aimed for a price point of way under $10,000 and they would have come up with totally different answers to engineering challenges. Now they have a car noone will buy but the govt. These guys are so stupid they could screw up sex!
A Modest Proposal For The U.S. Auto Industry: Stop Building Cars [View article]
Exactly, the cool thing that could come out of this is is you are 5'4" you will be able to order a car with a seat for someone 5'4" i.e customization. You should be able to order everything the way you want it. If someone builds the Intel of engines, the NVidia of transmissions, etc you can have that in your car. $2000 for a $250 stereo will be a thing of the past.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Popular Mechanics Gets It Wrong on Buick Hybrid [View article]
A Modest Proposal For The U.S. Auto Industry: Stop Building Cars [View article]