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The Auto Industry Has a Rich History of Failure

Started by cordblomquist · 7 months ago

The American auto industry is facing some tough times and, bailout or not, will eventually have to go through a difficult period of readjustment. But this has all happened before and will likely happen again.
In fact, the dominance of the big three auto manufactures was created by an era of ... Continue reading »

4 comments

  • Ryan

    7 months ago

    You know the Talon, (aka Laser or Eclipse) was made by DSM, Diamond Star Motors. That company was a joint effort by Mitsubishi and Chrysler. The 1st and 2nd generation (spare the Laser) of those 3 cars were very successful. The brand and partnership just went away. Also, the cars were very fun to drive, I had a 92.
    reply
  • Nancyf

    7 months ago

    Some prime examples of people who don't learn from history. They warned them to stop making those stupid SUV's.
    reply
  • cordblomquist

    7 months ago

    Ryan, I do remember the Talon, many of them could be found around my home town of La Crosse, Wisconsin during the 1990s. I think it may have been due to Greg Kinnear working as the spokesman for Eagle for a couple years. His star-power can't be underestimated!
    reply
  • Earline

    7 months ago

    The failure of the BIG 3 auto makers is their own fault. I don't see Nissan, Toyato, or Hyandai looking for a handout. It is reckoning time and the writing has been on the wall for years. They had been forwarned and failed to heed the warning. The ripple affect WILL be devastating, but in the end, maybe they will learn to build a better mouse trap. The two things the auto industry doesn't have: hindsight or foresight.
    reply

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