Thursday, November 20, 2008

A2B3 Report

LinkedIn

Ed's question of the week was, "Would you buy a car from a company that was going bankrupt."

Generally the answer was, "No, I'd be concerned about my warranty and service." But here is the Ann Arbor twist: about a third of the 30 people there.......DON'T OWN A CAR!!! And only there was only one person there who was someone who you could describe as a student living on campus. Several mentioned that they got rid of their car when they moved to downtown Ann Arbor. A third of the rest mentioned that they had never bought a new car.

No-one was in favor of the bailout of the big three and the consensus was that you cannot count on the person who drove the car into the ditch, to be the person who can best get it out.

One persons who claimed that he had friends in the industry who advised him to be concerned that if GM goes bankrupt, its technology, including its new hybrid technology was going to bought by the company that has been making GM cars for the Asian market.

"Does that mean we will be able to buy a hybrid at Target?" was asked to much laughter. Keep in mind that this audience will shop at Target, but not at Walmart. I think it is because they are antiArkansite Francophiles, except where you have an Arkansite who was loved by the Parisian crowd as in B.J. Clinton. Corporate America bad. Corporate France good. Weird.

Deciding it would be socially risky, I decided not to say anything about the following:
  1. Clinton allowed the transefer of our satellite defense technology from Loral to the Chicom;
  2. The Chinese and Indians are way ahead of us in the production of CNG and Electrical Autos for commercial and personal use.
Perhaps we should just let our factories close until we have imported and driven a sufficient number of miles on our Chinese vehicles.....and then copy them and begin production here as they have done with American products for the last 30 years.

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