auto industry

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Friedman to Detroit: Batteries R U

December 9, 2008 in accelerating change, economy by nils | Add your comment

Soyuz Boosters

Soyuz rocket (Photo by James Duncan, CC 2.0 license)

Following up on my post yesterday about the Detroit bailout, today I wanted to mention Tom Friedman's op-ed in Sunday's New York Times "The Real Generation X." It is primarily about how Obama's stimulus package should focus on preparing us, especially our young people, for the future, not saving old dinosaur industries like Detroit:

We not only need to bail out industries of the past but to build up industries of the future — to offer the kind of big thinking and risk-taking that transforms enormous challenges into world-changing opportunities.

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Old Failures And New Rules For The Auto Industry

December 8, 2008 in analysis, economy, opinion, transportation by nils | Add your comment

The best pieces I've read on the auto industry bailout/failure/bankruptcy are Bob Sutton's giant flame, "Thoughts About Why GM Executives Are Clueless And Their Destructive 'No We Can't' Mindset" and Umair Haque's "Detroit's 6 Mistakes and How Not to Make Them."

While neither of these articles are about green energy or hybrid cars or sustainability per se, they both get at some of the big issues that industry and finance worldwide have to overcome for the the world to change as it must.

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