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Default GM loses big-time

On Fri, 1 Aug 2008 21:57:26 -0400, "Eisboch" wrote:

I'll try again.

Automakers build what the consumer buys.

Eisboch


That's true up to a point but GM and Ford pigged out at the party.
They knew very well they were making much higher margins on their big
vehicles, and as a result, put way too little funding into R & D for
fuel efficiency. The handwriting has been on the wall for quite
awhile for anyone who cared to look, but GM and Ford had their head in
the sand. Is there any doubt that they could have produced high
quality efficient vehicles, similar to Toyota and Honda, if they had
put an effort into it?

 
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