Re: FoMoCoNews.Com Opinion: The Detroit Comeback
Chrysler being the grease stain in the domestic table cloth. Neither design, nor quality there. I see Chrysler going down in two years time with only Jeep surviving in the hands of other automaker, more likely than not foreign. as GM has Hummer and Ford frankly has its hands full right now.
What do you guys think?
I think its too soon for Detroit to tout a comeback yet but the signs are loud and clear that the efforts by Ford and GM are on the right track. However a shaky economy, raising gas prices and the **** perception problem conspire against this comeback big time. Still in 2008 we see how month after month the overall sales figures do NOT improve. We see very encouraging signs at Ford though, will they be enough? that, this time, is the question.
I for one am tired of comebacks. There was a huge one in the 90s from which Ford benefited the most. During the entire 90s Ford outearned every single other car maker. What did they do? Ask Tata, ask Hertz, ask Th!nk, ask Aston Martin, ask the euro Jiffy Lube (whatever its name was), ask the countless of failed investments and reorganization plans by Alex Trotman (+) and Jacques Nasser.
This time, if the comeback materializes, I want to see investment in long term sustainability. I want to see investment in new technologies, in clean fuels, and product, product an more product.
Ford with its new pint size business plan is poised to succeed big time and I for one, really hope they don't screw it up again. Mulally, Fields and Farley look like the right team. Lets hope they are. The three of them should have a picture of Nasser and Trotman in their refrigerators and probably give a call or two to Don Petersen.
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