Thursday, May 15, 2008

Clueless for the last 40 years, why should that change now

They think their competition is what is on the new car market... Car dealerships won't even take SUVs now. Huge numbers of vehicles are being dumped on the market at firesale prices. Why would anyone buy a new car? Buy a used one instead. You will never make up the cost of the new car by some measly improvement in mpg.

And by the way, they said hybrids were stupid and they were going to come out with hydrogen cars. Well, for the foreseeable future, the hydrogen will come from oil. They cannot even get gasoline-powered cars to work right. They cannot get LPG powered cars to work at scale. There are 1,000,000 cars in Italy, 100,000 taxis in Tokyo, etc., running on LPG, and that has been for the last 30 years... How are they going to get hydrogen cars to work if they cannot even get gasoline powered cars to work properly?

Guess who is going to get the trillion dollar bill for their unfunded pension liabilities? Take a look in the mirror.

http://www.detnews.com/apps/pbcs.dll/article?AID=/20080514/AUTO01/805140386

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