The main problem with american car comapnies
is exemplified by GM - they had the best electric car
technoloy in the world and because of good old american hubris they
fought the CARB because they weren't going to be told what to do by
governement "gal damnit". So what did they do. They sold the
lithium battery patent to TEXACO who sat on it for years (good 'ol
efficent capitalism at work! - they never consire against the
consumer!) before the inventor Stanford R. Ovshinsky could come up
with a new version and this time keep it himself (see his company
symbol:ENER).
GM literally destroyed their market advantage by crushing every
one of their EV1's and destroying their R&D and selling it to
companies who would sit on it and not bring it to market (on
purpose!)
GM like all the US manufacturers self destructed because of a
corpoate culture that has existed in this country since the
depression. It is a short sighted bonus driven profits above all
else view that creates junk.
Only wwII and the mass employment need of the war change that
corupt culture.
But our industrial base was eroding in the 1960's anyway before
any jobs were sent overseas. The steel industry was in shambles,
car manufacturers where under assult from imports, we switched from
being the worlds creditor to being the world's debtor and that's
why Nixon took us off the gold standard.
Only wwII and the mass employment need of the war change that
corupt culture.
American corporate culture needs to be revisited if our economy
is to be rebuilt.Most EV1 engineers went to Telsa Motors - Check it
out. They are building an amazing car.
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ener
Secret Budget Deficit
Posted by harold on 5th of Nov 2008 at 11:35 am
The main problem with american car comapnies is exemplified by GM - they had the best electric car technoloy in the world and because of good old american hubris they fought the CARB because they weren't going to be told what to do by governement "gal damnit". So what did they do. They sold the lithium battery patent to TEXACO who sat on it for years (good 'ol efficent capitalism at work! - they never consire against the consumer!) before the inventor Stanford R. Ovshinsky could come up with a new version and this time keep it himself (see his company symbol:ENER).
GM literally destroyed their market advantage by crushing every one of their EV1's and destroying their R&D and selling it to companies who would sit on it and not bring it to market (on purpose!)
GM like all the US manufacturers self destructed because of a corpoate culture that has existed in this country since the depression. It is a short sighted bonus driven profits above all else view that creates junk.
Only wwII and the mass employment need of the war change that corupt culture.
But our industrial base was eroding in the 1960's anyway before any jobs were sent overseas. The steel industry was in shambles, car manufacturers where under assult from imports, we switched from being the worlds creditor to being the world's debtor and that's why Nixon took us off the gold standard.
Only wwII and the mass employment need of the war change that corupt culture.
American corporate culture needs to be revisited if our economy is to be rebuilt.Most EV1 engineers went to Telsa Motors - Check it out. They are building an amazing car.