General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
The same US Automakers who ruled the world virtually unchallenged for 100 years and then had to steal from the taxpayers to stay alive because decades of shit management had squandered every ill-gotten gain and opportunity?
That US Automakers? Yeah a NYT article ain’t gonna get it.
Car industry starts just before WWI.
Roaring 1920s. 10 years good.
Bankrupt in the 1930s. 10 years bad.
Good run from 1949 to 1979. 30 years good.
Almost bankrupt again in the early 1980s. 10 shaky.
Dirty 90s, with bailouts. 10 years shaky.
Sputtering along since 2000-2025. 25 shaky.
Equals:
40 good years.
10 bad years.
45 shaky years.