From Bad to Worse
Tuesday, November 25th, 2008You can say what you want about the many proposals to bail out the big three, but I think it’s really bad news that the hard times that have hit Detroit have caused some of the automakers to scale back or cancel some of their more fuel-efficient models. General Motors has delayed the introduction of the new Saturn Vue Hybrid, and Chrysler has discontinued it’s Dodge Durango and Chrysler Apsen Hybrid SUVs. Only Ford seems to be staying the course, with the introduction of its 2010 Hybrid Ford Fusion and Mercury Milan still on schedule. Meanwhile, Toyota is cranking out more and more Priuses, Honda is going ahead with it’s all-new hybrid Prius competitor, and Nissan has announced that it will introduce a new electric vehicle for 2010.
So why is Detroit moving in the exact opposite direction as the Japanese–AGAIN? Why, when the times are hard, do you cancel or delay the very products that have the best chance of leading you out of the wilderness and back to profitability? It’s just more of the same old-fashioned thinking that put Detroit in the hole in the first place.
