Toyota Must Buy GM

kinnon —  June 20, 2005 — 3 Comments

GM, Ford & Chrysler are all losing money hand over fist. GM and Ford’s commitment to gas guzzling behemoth’s, the rising cost of oil ($59 a barrel yesterday) and their apparent inability to see the writing on the wall (who knows the roots of that metaphor – there’s a prize) assures their eventual demise. Toyota, on the other hand, is building vehicles that make sense – and making money in the process. Tom Peters links to this NYT article by Tom Freidman (login required).


Having Toyota take over General Motors – which based its business strategy on building gas-guzzling cars, including the idiot Hummer, scoffing at hybrid technology and fighting Congressional efforts to impose higher mileage standards on U.S. automakers – would not only be in America’s economic interest, it would also be in America’s geopolitical interest.

Because Toyota has pioneered the very hybrid engine technology that can help rescue not only our economy from its oil addiction (how about 500 miles per gallon of gasoline?), but also our foreign policy from dependence on Middle Eastern oil autocrats.

I think he means 50 MPG which is still incredibly significant – the national average is estimated at 20 MPG – but many writers believe we can experience 250 MPG if we change our emphasis on the kind of vehicles we drive. (Read my blog post here on my own predictions.)

Roy Williams has an interesting Monday Morning Memo that speaks to this issue from a different perspective. Read it here.

kinnon

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A television editor, writer & director since 1978. A Christian since 1982. More than a little frustrated with the Church in the West since late in the last millennium.

3 responses to Toyota Must Buy GM

  1. Scott Stewart June 21, 2005 at 9:56 pm

    Its bible, the writing on the wall that is. It means that an unavoidable disaster is foretold. The origon is the book of Daniel (5:5 to be specific). King Belshazza is having a party and decideds to drink from goblets taken from the temple by his father. So the king, his nobles, wives and concubines are drinking from then and then…

    “Suddenly the fingers of a human hand appeared and wrote on the plaster of the wall, near the lampstand in the royal palace. The king watched the hand as it wrote. His face turned pale and he was so frightened that his knees knocked together and his legs gave way.”

    So whats the prize? Is it free or inside?

    Reply
  2. You, I’ll buy a cup of your favourite Starbucks beverage. You’ve just got to be sure to get me before I leave town in two weeks. Cuz when I’m gone, I’M GONE!!!!
    BTW – If you clicked on the link in the post, you would have got to the same place.

    Reply
  3. Scott Stewart June 22, 2005 at 9:20 pm

    Ooo I guess thats why the link was there. I’ll see what all my schedual looks like with work and all now. I’ll e-mail ya.

    Reply

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