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In Reply to: Auto sales are slowing, and upheaval is next - CNN posted by AbeCollins on May 16, 2017 at 18:15:34:
GM has to adapt or die. Good to see Ford investing in the future, you can see videos of Teslas robots putting together cars very quickly on YouTube.The problems of old companies is legacy, old systems, old thinking sometimes. It takes a fresh face in the marketplace to stir things up, the Tesla company started only a few years ago, they don't have decades of baggage to deal with.
As with operating systems for the computers and how I treat them, sometimes you have to erase everything and start from scratch to get everything up and running again to be competitive.
Edits: 05/17/17
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Follow Ups
- Legacy companies - bullethead 06:08:12 05/17/17 (11)
- LOL...your understanding of the auto industry is...ah...incomplete... - Steve O 08:59:53 05/17/17 (10)
- keep in mind - bullethead 12:56:44 05/17/17 (2)
- P/E Ratio - Inmate51 13:26:24 05/17/17 (1)
- "This ain't your dad's stock market".....Too true (nt) - Steve O 15:03:44 05/17/17 (0)
- RE: LOL...your understanding of the auto industry is...ah...incomplete... - AbeCollins 09:41:41 05/17/17 (6)
- You missed entirely... - Steve O 11:20:11 05/17/17 (5)
- From my perspective, you missed entirely... - AbeCollins 11:58:09 05/17/17 (4)
- You missed it again... - Steve O 12:32:23 05/17/17 (3)
- You weren't clear to begin with - AbeCollins 14:07:19 05/17/17 (2)
- That's why I said you didn't get my initial sarcasm... - Steve O 15:00:41 05/17/17 (1)
- No, I didn't. Sarcasim is hard to "see" ;-) - AbeCollins 20:34:42 05/17/17 (0)