stumpmj wrote:
Why do you all keep referring to Bob Lutz as a CEO?
Whatever he is...he should be penitent while his whole industry is asking for savior money from the American public. He could've been arrogant when his business was profitable and a world leader. Now he's asking for Welfare and should be just a bit meek.
As I said before...he could be the Fonzi of the car industry but he's still working a manufacturer who's begging for money right now. Be a bit penitent and humble.
forzav12 wrote:
Finally, the thought that those jackasses in Congress will in any way have a say over the day to day operations of our nation's auto industry, should scare the hell out of everyone on this board.
I hear ya. Politicians talk a lot but when it comes down to running a car company they're not in their element. But..the other guys have effectively run these companies out of business. Who else is going to step up and take charge? The same guy who's been in charge of losing money for the last 30 yrs?
Something has to change to save the industry. I want to see them succeed. Evidently the current business model is not succeeding. The auto industry is evidently incapable of saving itself from it's own inertia.
JeepinMatt wrote:
I just want to put out there that if I let decades-old reputations of vehicles continue to influence me without doing my research, I would wholly avoid Japanese cars as they would be cheaply made rust buckets that would turn to Nestle powder when impacted by anything bigger than a Radio Flyer.
JD Power is now rating Ford as having the same quality as Toyota and Honda. I'd say that the quality of the domestic autos is not at issue in this thread. We're actually talking about someone begging for corporate welfare and coming off as an arrogant arse. Like flying a corporate jet to a meeting where you're whining about not having any money and begging for a handout because no one else will give you some.
The automotive day of reckoning is here fellas. These guys need to collectively stand up and say "We failed. We didn't anticipate future market conditions nor did we save money to cover our collective arses when we could have. We became complacent and sold poor products that no one will buy now. We f'ed up. Can you find it in your hearts to help us?" Then they need to aggressively move more towards building a car I want to buy. Because right now the only car I would consider purchasing is the Ford Mustang. I still won't buy it however because I need a car that is somewhat practical. Hence the reason why I have a 280+ hp hatchback with four doors.
