America is changing; India, China and the rest of the world are buying up the latest automotive technology from what was the dominant player in the world, the USA. What caused American run companies to lose their way? “Arrogance” To survive they took government bailouts and in that process had to sell off assets. That in essence, transfers current American technology to countries all over the globe with nothing in return except possible survival. A new GM now would compete against foreign companies who have GM technologies plus whatever they can purchase from other sources. GM purchased Saab years ago and never succeeded in building a strong brand. So now they give up and sell the technology that they paid and nurtured to a Chinese company. You can’t make this up, Hummer technology to China; Land Rover technology to India and the list just keeps going on.
The Midwest and Northeast have empty factories that produced American cars and trucks that are now malls, condos and many that are just empty. The worlds manufactures have built plants in the South and are making it work effectively. Only one American Company, Ford who has a chance to survive because they pawned the companies assets and saw the future in smart products and services. Arrogance at GM and Chrysler stopped them from making any real changes to their structure or the way they see the world. Think what China will able to accomplish in the next five, ten years. The world market shares that they could potential grab, when will China build cars in the USA? Just think of that thought for a moment.
We need to run our business better than anyone, develop new methods, technologies that are ahead of the competition. American must think as Americans, innovating, educated, out of the box or we will be the country that is left behind. Imagine not having the best technologies, transferring technologies would not be an issue.
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