How about US automakers, rather than merge or go bankrupt, find a way to make a hybrid engine that will fit into their old cars? Or better yet, an electric engine just for urban use.
Imagine how cost-effective that would be! For a few thousand dollars, you can basically have a new car. That would be great! I'd be all over that.
And maybe those new engines could fit into old cars like Jaguars, too.
In those huge companies that spent all that money on research and development, there has to be some green technology engine in the works.
And the impact would be intense. Suddenly people could get new engines instead of completely new cars. Steadily, and over time, the American car could be transformed into a green machine. American consumers would save money, national pride and optimism would be restored. Not bad.
Auto Bailout, Car Bailout, Car Restructuring Plan, Chrysler, Gm, Obama And Auto Restructuring, Politics News
Showing posts with label auto bailout. Show all posts
Showing posts with label auto bailout. Show all posts
9.04.2011
12.12.2008
Auto Bailout News and Opportunity
The latest seems to be that the bailout of the auto industry is not going to happen after all. Some of what they were talking about yesterday really sounded good to this blogger, though.
Like getting money towards a deposit for trading in your old, gas-inefficient car.
And if they did go bust, what are they going to do with all those cars? Bankrupt or not - I'd take my chances with a new Ford Explorer hybrid over the rattle trap I've got now. I might be alone on that one. But that's fine. There'd be more for me to choose from.
And let's think a moment about the whole car selling setup. I mean, don't dealerships lose money on selling cars? And they make that money up through repairs and parts. The whole system as it exists now would collapse if cars were made that lasted longer and were built better. Maybe ripping down the whole system isn't such a bad idea.
But then there would be the political fallout of all those dealers and service people who would be out of jobs. And that's where you get into the problem of Congress and politicians making decisions for the industry. I hear Senators talking about those dealership jobs and protecting them which may not be the best idea. If the long term success of the industry means that the whole "I make money on your car breaking" paradigm has to go, then preserving those dealer jobs in the short term would be bad for the auto industry and America.
So now we are going to see how well the marketplace really works to solve its own problems. The hard way.
Like getting money towards a deposit for trading in your old, gas-inefficient car.
And if they did go bust, what are they going to do with all those cars? Bankrupt or not - I'd take my chances with a new Ford Explorer hybrid over the rattle trap I've got now. I might be alone on that one. But that's fine. There'd be more for me to choose from.
And let's think a moment about the whole car selling setup. I mean, don't dealerships lose money on selling cars? And they make that money up through repairs and parts. The whole system as it exists now would collapse if cars were made that lasted longer and were built better. Maybe ripping down the whole system isn't such a bad idea.
But then there would be the political fallout of all those dealers and service people who would be out of jobs. And that's where you get into the problem of Congress and politicians making decisions for the industry. I hear Senators talking about those dealership jobs and protecting them which may not be the best idea. If the long term success of the industry means that the whole "I make money on your car breaking" paradigm has to go, then preserving those dealer jobs in the short term would be bad for the auto industry and America.
So now we are going to see how well the marketplace really works to solve its own problems. The hard way.
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