Bureaucrats Befuddled By America’s Auto Market
Sanity returned at a Ford Motor Co. press conference nearby. And it came from Ford CEO Alan Mulally, who channeled his inner F.A. Hayek during a question and answer session with reporters and bloggers.
“We’ll always make the cars and trucks that people want,” he said. “I think the automobile industry is always going to be driven by economics.”
I leaned over to the guy sitting next to me to confirm what I just heard. After all, most of the press conferences and even the question and answer sessions with executives are closely scripted and lack any depth.
He went on: “The most important thing we can do is to continuously improve the internal combustion engine” because it’s going to be around “for a long time.”
http://www.freerepublic.com/focus/bloggers/3114321/posts?page=7
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The Future of the Internal-Combustion Engine
Despite the green hype, internal-combustion engines will keep powering vehicles for the foreseeable future.
http://www.caranddriver.com/features/the-future-of-the-internal-combustion-engine
The GM guys didn’t come up with this. They sold tgeir soul to obama’s regecand, with it, all incentive, motivation, independence and creativity
Idiots