If it\’s got an engine. . .

Dorri probably likes it

Those who do not learn from history . . .

Posted by ifitsgotanengine on October 20, 2005


. . . are doomed to repeat it.

That bears repeating, or at least paraphrasing. Anyone – whether an individual, a corporation, or a world power – who refuses to learn from their own mistakes and those of others will likely make those mistakes again.

The good men at Autoblog report that Bob Lutz, Vice Chairman of GM, is defending his company’s strategy of selling large SUVs in these days of $3.00/gallon gasoline by stating that three years ago SUVs were selling like crazy. He then goes on to state that they are preparing for the future by bringing out 14 (!) crossovers in four years. You can read Autoblog’s article here.

Three years ago SUVs were selling well. It took GM three years to respond to that, by which time it was too late. Why oh why do they think that crossovers will still be selling well enough to warrant 14 (!) new models four years from now?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: