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The Future of the Big Three – Part Two
July 2nd, 2008
GM, Ford and Chrysler represent to a large degree the Industrial Age legacy of manufacturing in the U.S. “What was good for General Motors was good for the United States” was, for decades in the 20th century a very true statement. The manufacturing might of America post WWII was an economic miracle and the apotheosis of the Industrial Age. Supported by the explosive growth of television and the American advertising business, the consumer market of wondrous new goods exploded. The Big Three auto companies rode this wave to unprecedented success.
Every year, there were the exciting new …
The Future of the Big Three – Part One
June 30th, 2008
The fact that you know what I mean when I write the two words “Big Three” points to the power of Detroit and U.S. automotive marketing in the last half of the 20th century. The fact that they are no longer the big three in terms of sales in the U.S. points to the reality of the 21st century.
This year Toyota will finally top GM in sales in the U.S. In 2005 GM’s market share was twice that of Toyota’s. Think Prius and fuel economy. GM recently announced the closing of four manufacturing plants in North …
Congratulations America, Trend Lines to be Proud of
June 25th, 2008
The two trend lines are the decline in gasoline consumption and the decline in miles driven. These two are obviously connected and are obviously caused by the price of oil. For the first time in close to 30 years, we have something to be proud of when it comes to our driving behavior.
Two different reports last week documented this profound turnaround. A report by the Cambridge Energy Research Associates documented that, should recent behavior continue, gasoline demand will likely decline in 2008 for the first time in 17 years. Over the course of the last 25 years gasoline demand in …
Keep on Trucking – Not!
June 23rd, 2008
This will be the first of several columns on the state of transportation in the U.S. Regular readers of this column know that for years I have predicted the current high price of oil, the sales collapse of the truck and SUV markets and the need for electric cars. In addition it has been stated here that the future of U.S. transportation must include high speed trains, and a better integration of airplane, train and local mass transit. Finally it should start being clear to anyone paying attention [still too few of the population] that the now permanent high …