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Sedans Luxury Lounge
21518 messages, Last post on Dec 05, 2009 at 10:07 AM
You are in the Sedans Forum. Your Hosts are pat & karens
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Replying to: jlbl (Jun 29, 2008 8:16 am) Interesting book. I went to Amazon and ordered it. Cognitive sciences is being closely followed in the investment area in order to explain why highly intelligent professional investors can be so STUPID and wreckless with regards to their investment choices. "Fooled by Randomness" and "Black Swan " are two fascinating books that deals with investments and other areas where human stupidities are evident. Though the writer himself is not a cognitive scientist his observations do confirm their findings. |
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Replying to: dhamilton (Jun 30, 2008 7:53 am) Congratulations Blkhemi for your R8. One rare gem, I haven't even seen one yet. A recession in the USA? At least not in this forum. . |
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Replying to: circlew (Jun 30, 2008 2:33 am) "And how, I ask [Volt chief engineer Andrew Farah] over coffee early one February morning in Detroit, is it going… The car, he says, is 10 weeks behind the original schedule. Any more slippage, and the 2010 deadline will be history. Even if no more time is lost, he will have only eight weeks to test the underbody, the car's structural base. Is that enough time? He answers indirectly. In some cars, he says, testing the underbody can take a year." And the mood permeates the entire program: "At the end of February, when I returned to the technical center, the picture looked different. December's ebullience had given way to a sense of strain that was evident even to a tourist. 'We currently are at the limit of our stretch,' one senior battery engineer told me." Not good. Full article
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Replying to: lexusguy (Jun 29, 2008 11:26 am) What would a shrewd auto firm do with the above situation? The same thing the Big 3 did ofcourse! What would a not so shrewd auto firm do? Develop a fuel efficient hyrbid while oil prices are so low and fuel efficiency is ranked 49th among consumer priorities while nicely designed vanity mirrors are ranked as a 48th priority? Sell it at a price which produces not profits but instead a hefty loss? Design it as a hatchback which happens to be reviled and hated in the US market? Doesn't sound shrewd at all but Toyota did it anyways.
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Replying to: lexusguy (Jun 29, 2008 7:18 pm) There is one GT at the Ferrari/Maser dealer down the road, in black. Mildly attractive. As Catherine Deneuve was mildly attractive... 
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Replying to: lexusguy (Jun 30, 2008 8:03 am) GM will need to parallel that "shop floor" philosophy with current generation cars. Again I say to Lutz, "Do you feel Lucky, Punk?" Regards, OW |
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Just a quick peek! Regards, OW |
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Replying to: dewey (Jun 30, 2008 8:14 am) The other key difference between Prius then and Volt now is that Toyota could afford to lose huge sums of money on every one. Now the Prius brand has strength equivalent to Google. GM is burning through $1 billion+ a month, and they haven't even started loss-making on Volt sales. Toyota still makes more money in a year than GM's market cap, and they are inching ever closer to matching GM's US market share. Toyota and Honda's experience in the JDM where Prius development began, and its going to continue to help them hugely over here. Take the Fit for example. Honda had it sitting around for years, they bring it over here and its an instant smash hit. Toyota and Honda have loads of Fit-like products over there, they just need to bring em here. The only place where the domestics are even remotely competent in small cars is in Europe, and that just isn't a workable solution (see: Astra).
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Replying to: lexusguy (Jun 30, 2008 10:22 am) Google is worth today 168 billion dollars Toyota is worth today 144 billion dollars Google's profits are a very small fraction of Toyota's humungous profits and already advertisers and the media are worried about sending more business to Google due to their close to monopoly strength in search. The latest data indicates that the days of rapid search growth by users are over. Sounds like another Silicon Valley bubble story to me.
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