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Yes Detroit, there is a Santa

By donar | Related entries in News

As much as I would like to blame the crappy management of the US auto industry, you cannot ignore that Japanese auto makers get nice subsidies in research and development. Plus the govt. keeps the Yen artificially low to benefit their industry. Not to mention the health care and other tax breaks, it’s not necessarily a level playing field.

That said, Detroit has a lot to prove, but we shouldn’t hang them out to dry…our government just needs to level the playing field a bit.

This entry was posted on Friday, December 19th, 2008 and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Yes Detroit, there is a Santa”

Joe Says:
December 19th, 2008 at 11:31 pm
I’ve got a crazy idea… How about at least one of the big 3 actually *innovates*, and comes up with a product that we actually prefer to buy?!? How crazy would that be?
Agnostick Says:
December 20th, 2008 at 10:49 am
“As much as I would like to blame the crappy management of the US auto industry, you cannot ignore that Japanese auto makers get nice subsidies in research and development.”

Subsidies given by whom? Are you saying that U.S. automakers have no access whatsoever to these subsidies… or to similar incentives?

Agnostick
agnostick@excite.com
donar Says:
December 20th, 2008 at 11:52 am
http://www.huffingtonpost.com/2008/04/02/toyota-denies-govt-funded_n_94687.html

This is debatable, but I find it hard to believe that the Govt. wasn’t involved…which isn’t a bad thing. The U.S. govt. should support R/D in various facets.

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