November 10, 2008
On GM and Ford Failing:
I am a car guy. For awhile that has been somewhat difficult to reconcile with my treehugging personality, but the advent of a wave of attractive and performance-oriented electric cars, I find myself like a kid in a candy-store again. I keep on catching glimpses of a world that runs on energy gathered above ground, and it has freakin' sweet sportscars in it.But the Detroit automakers have always had a place in that futuristic image. I never really see myself driving a Toyota, even if it is a sporty one. My dream car is an American one, and though I am a European car fanatic as well, the American aesthetic really has something going for it. All you have to do is look at the design team over at Ford to see that the US really has a vision all its own.
What will happen if they go bankrupt, though? One must assume that they will come out the other side with some semblance of their former selves, but what will have been lost? Is it too much to hope that if Ford (and GM as well, though I really am a Ford guy) goes under, that they will cut all the fat, keep their design team, and become an agile next-generation carmaker? Probably wishful thinking. It seems more likely that bankruptcy would mean nothing more than massive job losses and an expansion of the Truck units.
I guess all I can do is hope. I posted a while back about Jaguar's possible renaissance, perhaps this is Ford and GM's chance at a major re-organization. Or maybe I'm just way too optimistic.
Comments:
If they do collapse, I would find it hard to believe that none of the engineers or designers would go and start their own car company.
True, but a single engineer or designer does not a car make. The beauty of Ford's design team is the whole set. They have found something pretty damn special with those folks.
Also, Ford would still own rights to all of their properties, the new GT40, the new Shelby Cobra... *salivate*
Also, Ford would still own rights to all of their properties, the new GT40, the new Shelby Cobra... *salivate*
While it is true that a single engineer or designer doesn't make the car. If several of them got together they could form a new car company and design new vehicles.
I was not trying to imply that one person could do it but rather from the ashes of the former company a new one could be made.
I was not trying to imply that one person could do it but rather from the ashes of the former company a new one could be made.
Now it is starting to look like the government is going to bail out GM and Ford, which I am thinking would be quite bad.
I hate the idea of bailing out banks, but I can see how it would be useful to free up lending. I have much harder time understanding the real benefits of bailing out non-central industries like Insurance and Automobile production.
If Ford and GM fail, it will not be because of a bad economy, it will be because they have been building lower-quality cars that are too large and don't get good enough gas mileage. I guess I have a love-hate relationship with the Big 3.
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I hate the idea of bailing out banks, but I can see how it would be useful to free up lending. I have much harder time understanding the real benefits of bailing out non-central industries like Insurance and Automobile production.
If Ford and GM fail, it will not be because of a bad economy, it will be because they have been building lower-quality cars that are too large and don't get good enough gas mileage. I guess I have a love-hate relationship with the Big 3.
Don't worry with falling gas prices and the rising sales of SUVs you may once again see Ford and GM on top.
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