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Reply #27: I remember reading something a while back about this financing [View All]

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54anickel

(1000+ posts) Send PM | Profile | Ignore

Fri Jun-18-04 10:28 AM
Response to Reply #20

27. I remember reading something a while back about this financing

craze by the auto industry, along with others. For many, the financing part of the business is bigger than the manufacturing side. But this takes resources away from their core competencies and R&D to some extent.

Now with gas prices going nowhere but up for quite a while, the US automakers have fallen way behind the curve in efficient autos. None of them have a hybrid ready for market that I'm aware of. Of course, who knows if they'd have put more R&D into that area anyway, seeing how the big SUVs have been marketed and "tax-breaked" to death.

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