What does it take?

It has struck this writer that the financial woes of the American Auto Makers seem to be never ending, it seems that Detroit will go through a period of great profits and then fall into a period of financial difficulty.

Now one could say that this is a given, similar to the airlines, with their fixed overhead costs, when the economy takes a dip, so do their profits,but Honda, Toyota, and to a lesser extent Nissan have proven that it's actually possible to stay profitable from quarter to quarter, year to year.

What this seems to point to is a glaring oversight on the behalf of the domestic executive rank and file, where their salaries and bonuses are based on short term projected profits, there's really no reason for the Auto makers to take a long term view, as do the Japanese and the Germans.

It's really a shame that the worlds largest automaker(for now) General Motors finds itself in the position of having to entertain the idea of a merger with a smaller company,Renault-Nissan.
And the Worlds second largest automakers(for Now) Ford motor company is in even more dire shape than the General.

As for Chrysler, their in better shape but not by much, and even with Daimler running the show they have once again fallen on the Employee incentive bandwagon, which doesn't seem to be working this time around. Amazingly Ford and G.M. have resisted following Daimlers footsteps.
But for how long...


J.

New Camaro coming !

G.M. Has decided to put its camaro concept car into production beginning in 2008,
This is great news to camaro fans who watched in sadness when G.M.'s obsession with the growing popularity of SUV's led to the decision to cancel production of the camaro, and it's fraternal twin the Pontiac firebird.
No doubt Ford is watching closely, especially the fact the new camaro will feature a fully independent rear suspension,something the latest Mustang doesn't have.

Let the pony car wars begin!

Joe

Why Auto's

My reason for posting and starting an auto blog is simple, I've always had a facination and an on going passion about automobiles, and not just cars but trucks, SUV's, minivans and many other forms of transportation.

This Blog is the begining of a new path for me, a way of finding my voice.

So please bear with me as I lay the first brick in this road.


Joe