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The Catch 22 of Bailing Out Detroit
nchnted
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3
11-10-2008 2:53 PM
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tags:
economy
nchnted
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How to prevent history from repeating itself and move on to a green future
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ea0b39a1-6a99-4ac0-bc38-53dc6d5167ea/17936F29-A37B-49A3-A4F2-0F53AB329785/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.huffingtonpost.com/matthew-debord/save-suvs-first-then-kill_b_142264.html" href="http://www.huffingtonpost.com/matthew-debord/save-suvs-first-then-kill_b_142264.html" style="font-size: 11px;">www.huffingtonpost.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/matthew-debord/save-suvs-first-then-kill_b_142264.html"><H1><A id="title_permalink" title="Permalink" href="http://www.huffingtonpost.com/matthew-debord/save-suvs-first-then-kill_b_142264.html" linkindex="25" set="yes">Save SUVs First, Then Kill Them Really Dead</A></H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.huffingtonpost.com/matthew-debord/save-suvs-first-then-kill_b_142264.html"> it needs to make enough money to begin developing its own next-generation propulsion systems, beyond the current crop of hybrids. The smart thing to do here is to commit to improving fuel-economy across the board, but not forgo profitable vehicle categories. With the price of gas falling, consumers will once again be taking a look at SUVs and trucks. This was and remains Detroit's bread and butter (anyone remember the Chevy Chevette?), and it represents a key component of their strategy to return to profitability. The trick will be in making sure that these profits are transformed into meaningful R&D -- so that within ten years, Detroit won't be as reliant on trucks. Spotting an SUV on the road will then be like spotting a classic car from the leaded-fuel, seatbelts-optional era: an exotic sight.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/17936F29-A37B-49A3-A4F2-0F53AB329785/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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