After thinking about this for days, I’ve decided what to do about The Big Three. First of all, reduce it to The Big Two. Chrysler has been turning out shitty, unreliable cars for decades. Just a few years ago, with all the warning signs out there about skyrocketing fuel prices, they unveiled a new line of big-ass V-8s. Their electronics have always been sketchy at best, and seem to fail at the 60k mile mark. When I appraised trade-ins, I was hard on Dodge and Chrysler products, because I didn’t want them. If I had to absorb them into my inventory, I only paid what I thought they would bring at the auction. Anyway, let them go…
GM is another story, but the decision to buy Hummer and Jaguar still has me shaking my head. Also, what they did to the electric car is nothing short of criminal. We were this close… That said, If a re-organization is possible for GM, I believe I’d roll the dice on them. But let Saturn die, please.
Ah, Ford. You made a killing for years with the Explorer, then foisted the Excursion on us. But you had some good ideas, I thought…and no, Blue Oval Certification wasn’t one of them. You owe me a year of my life back for that one. Red Carpet leasing was ahead of its time, i believe, but the time may be over for short-term leasing, or, really, leasing at all. You too are granted a reprieve.
With conditions, of course. CEO and Executive pay must be no more than three times the amount of your highest paid hourly worker. Bonuses come only in profitable years, and again, are tied to the amounts paid to hourly workers. Fuel mileage standards must be raised every year, starting in two years. I think we can relax some safety standards like side-impact air bags. Driving is inherently risky, and perhaps if people were not driving tanks, occupants of a car hit from the side might just survive it. We’ll move some of your health care costs to a nation-wide single payer system, (and fold medicare and medicaid into it as well.)
Later, we’ll talk about how to deal with unscrupulous dealers…and how its a bad idea to finance cars for 5,6, or 7 years.
Or, we’ll just let y’all slide into Lake Michigan….