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 Up on the wrong side of the bed.

Published - Friday, November 14, 2008

POST COMMENT | READ COMMENTS (9 comment(s))

No bailout for the MoTown dinos

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I don't have to go any farther than the office parking lot for all the reason I need to tell the Big Three automakers "go fish." Parked in its usual spot is my 1998 Metro -- a car the likes of which our domestic car companies didn't see fit to sell after 2001.

Because I'm cheap, I bought it used five or six years ago. There's no mistaking it for a Mercedes, but it's yet to fail to start, and other than a blower switch I haven't done any thing but routine maintenance - plus tires and light bulbs to keep it on the road. It compares well with Gayle's '97 Prizm which is about to roll 200,000 miles and has yet to have a wrench on the engine. They haven't made those for years either.

Oh, and did I mention if I don't get better than 35 mpg on a road trip from either of them it's entirely due to a heavy, heavy foot. A really nice feature a couple of months ago when gas was better than double what it's costing me today ... and it will be a really nice feature in the very near future when we're back to paying that price again and more.

But for years Detroit hasn't seen fit to put solid little cars on the American market -- though anywhere beyond North America solid little cars are about all there are to see. Instead they marketed dinosaurs -- big, inefficient, expensive and, for them, profitable -- as long as they were selling. Trouble is, when it cost a Franklin to fill the tank and the tank needed filling twice a week -- the shine came off that Detroit steel and folks, not always being as dumb as we look, looked around and bought a Hyundai.

Now Ford, GM and Chrysler want Unka Sugar to dig deep and save their bacon ... sort of like he did for AIG and the Wall Street bankers who forgot how to add, subtract, and figure simple interest. Unfortunately, there are thousands of ordinary folks whose jobs are on the line here -- and it's not fair to folks who just build 'em to suffer because the hotshots in the corner office have proven themselves no brighter than sea cucumbers.

So, let me suggest Congress tells the guys from Detroit to go back to MoTown, clean out there desks, turn in their keys and put in for third shift closers at the nearest Mac & Don -- then put in a call to Honda, Hyundai, Toyota and VW to make them an offer their not likely to refuse -- with cash-back financing to boot.
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 Tell us what you think...

 Comments »

I Agree wrote on Dec 16, 2008 6:59 AM:

" with Ron Olson! "

Roy Nasstrom wrote on Nov 19, 2008 10:27 AM:

" The public wanted larger cars, but the demand for smaller cars led Japanese companies to make them even if the profit margin may not have been as high as that on larger cars. As Christenson suggested, however, a more important reason for Detroit's decline has been the lack of reliability of American cars. For objective evidence, check the Consumer Report surveys over the past three decades. Detroit has begun to produce more reliable cars now, for a while at least, but American cars have simply not been up to Japanese standards for reliability, a major factor in intelligent consumers'choices. (By the way, aren't many "American" cars made in Canada and Mexico even if they have been designed in the U.S.?) "

Froto wrote on Nov 19, 2008 8:57 AM:

" Based on that logic the idiots at Honda and Toyota must have been and still are pretty stupid to build the kind of vehicles they did and do. OH NO, they are not in trouble and they sell millions of cars in this country. MY MY WHAT HAPPEND. Well they build them people buy them and love them, Oh they have no Unions, no retirees getting full blown paid in full health care. But those poor poor American Auto workers just cannot make it without being taken care of from cradle to grave. But that's OK they need not worry the new Democratic Congress or should I say socialist Congress will bail them out and change the tax laws so pretty soon we will all pay out in various taxes 60% of our wages or better. "

Ron Olson wrote on Nov 19, 2008 7:45 AM:

" Give the bailout money to Toyota, Honda, etc. they seem to know how to make cars and money.....Let them make the Fords, Chryslers and G.M. cars, or, at least let them run the companies, this makes a lot more CENTS than what is happening.... "

c-ingred wrote on Nov 18, 2008 3:27 PM:

" WHat i don't agree with is we are bailing out people who live on the high hog...these CEO's are making millions and we are bailing them out...not the company...reduce their pay and the companies would survive...might take some time but they could survive when you get the money hungry fools out of there... "

Froto wrote on Nov 18, 2008 9:17 AM:

" Throwing money at the automakers does nothing but waste our hard earned tax dollars. Without fundemental changes in their operations thay will be back again. Let them file banckrupcy or close the doors, more work for other existing or start up companies. Toyota and Honda can pick up the slack after the Unions are busted. "

really wrote on Nov 16, 2008 10:27 PM:

" GMC gets a vote of no confidence from me. They destroyed their entire fleet of electric cars in the 1990s, after California built all the needed infrastructure. They could have been leaders, but they proved themselves to be greedy and short sighted. I'm all for saving jobs at GM; let's fire everyone at the top and promote from the ranks. "

Troller wrote on Nov 15, 2008 9:06 AM:

" OMG! We're in complete agreement again! Twice in a week! Jerome, can it be true? Is Obama bringing us together? That's got to be as scary for you as it is for me. Have a good one! "

hmmm... wrote on Nov 15, 2008 8:17 AM:

" i guess it couldn't be Detroit didn't build smaller cars because nobody bought them? the automakers are no dummies, but the American public is. the Big 3 built the kind of vehicles they did, because that is what sold. just look at the energy 'crisis' in the 70's. Detroit built smaller cars, but when the 'crisis' was over no one bought them. no one forced Americans to by SUVs, that's what the public wanted. i don't agree with bailouts, to anyone. but get the facts straight before you play the 'blame game'. "


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