Mark Nickolas: This Sucks, but I'm Rooting Against the Auto Bailout...: "But the truth is, the American auto industry has done an abysmal job for decades when it comes to building non-SUV vehicles that are both appealing to the eye and the wallet. In fact, outside of the SUV lines, I can't think of a single American car that would even make my Top 10 list right now. If I want style and performance, I'll take a Lexus or BMW or Acura any day. For durability and gas mileage, I'll take a Prius or Civic or Camry. For a solid car at a lower cost, some of the Hyundai models are finally appealing to me. Other than Jeep, I never find myself looking at American cars. Ever...and I am presently looking."
What a great job the Executives at Ford, GM, and Chrysler have done over the past 20 years. Jesus Christ, these guys have exceeded every exception a short term investor would have...except, the country was looking for some long term ROI. Oh well, thats not what the CEO's had in mind.
Thursday, December 11, 2008
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