And here we stand on the brink of oblivion, if you believe what the executives of Ford, Chrysler and GM had to say to the U.S. Congress this week.
And if you read this very well-written article at The Globe & Mail, it could very well happen. Personally, I think we all need a reality check on how we got here and the many players that have played parts in the problems that Ford, Chrysler and GM are having right now.
1) Ford, Chrylser & GM – For many years now, Detroit has succeeded in creating reputations for themselves of putting out unreliable products and pairing them with expensive and poor service. Clearly I’m generalizing, but it’s necessary in order to avoid a very long explanation of what products and services don’t fall into this trap. If you walk up to almost anyone on the street and ask them how long a Ford engine will last compared to a Toyota engine, I’m willing to be a significant amount of money that the majority of those surveyed will tell you that a Toyota engine will last roughly twice as long. When I tell people that my Chevrolet Aveo has gone 187,000km without any issues they are amazed. Unfortunately the Aveo is a poor example since it’s built in South Korea.