Friday, March 12, 2004
Here is a good article from CBS Marketwatch on the Big 3 being behind the times. Ford is borrowing hybrid technology from Toyota, instead of developing it on their own. If anyone still thinks that gasoline is not an important issue in the future, tell that to the 200,000 troops currently stationed in the Middle East. The European and Japanese manufacturers are masters of dealing with oil shortfalls, the American's depend on oil abundance. It's looking like the 1970's fuel crisis all over again.