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Romm 25 (0:50)
Topic(s): Auto Industry / Efficiency
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Video Transcript
If there's one thing people don't realize, it's that once you
build an SUV car factory, you've got to make a lot of SUVs to
get your money back. So, you know, Detroit, I think, has been
very slow to want change. They just want to make money
printing the same type of car over and over and over again at
their factories. I think there's no question that they have
been losing market share steadily for three or four
decades—that is to say, Detroit has—to people who
have been delivering fuel-efficient cars, higher quality cars.
I think Detroit is catching up in quality but they still lag
behind in fuel economy. So unless they start, you know,
catching on to the new wave of interest in fuel efficiency,
they do risk losing even more market share to Toyota and
Honda.
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April 2008
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