ext_91004 ([identity profile] tattermuffin.livejournal.com) wrote in [personal profile] ebonlock 2008-12-11 05:38 pm (UTC)

Sadly, a lot of this has come from the American vs. Foreign business models. America tends to be about "the next quarter" so looking 10+ years down the road and building cars today that will mean short term losses before the market catches up is just impossible. The stockholders won't hear of it because "next quarter" and "end of year" are where the focus is.

So while Honda and Toyota were making hybrids and not selling many/not making huge profits on them initially ... when the crunch came, they were ready and waiting and already had cars (and proven cars that had been on the roads for a few years already) for people to buy.

America, as a nation, has to learn to look a lot further down the road to avoid this kind of "oh crap, now what" crunch again in the future.

And yah ... I hear you on the POS thing. I love my Civic.

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