Remember the newest "luxury car" to come out of Detroit in the movie Robocop? It was intended to parody what would happen in the future when the "big three" would turn away from the short-lived compact cars of the 1980's. Unfortunately, this ad is too true to be funny.
Boasting under 9 miles to the gallon, the 6000 SUX was "An American Tradition". It came to us in the form of SUV's.
This is why you're broke Detroit. You can't always give the people "what they want". Sometimes people are stupid - and you have to give them better options.
We are not going to change American automotive with money alone. You need a regime turnover. As a smart co-worker once told me "people don't change, which is why you change the people involved". It's a fact of business. When business fails, you throw out the CEO and try something new. Why haven't the shareholders at GM done this?
Give the gift of *GIVING*
This Thanksgiving, why not give thanks to your country by volunteering? The Obama-Biden Transition Team is asking for volunteers for a new program in which you can serve your country and your people - right here at home. New programs are being created to improve our schools, health care, clean energy, and veteran programs.
By helping out you may be rewarded with $4k in college tuition.
Sign up now - and be the first to know about upcoming programs and events. I did.
Oh, and HAPPY THANKSGIVING.