GM To Cut 14,700 Jobs And Close Plants In North America

[idiom]

The average age of the S&P 500 is 18 years.

After deregulation America churned through over 150 different airlines.

Imagine how many car companies there should be right now.

 

[Zippyjuan]

The average age of the S&P 500 is 18 years.

After deregulation America churned through over 150 different airlines.

Imagine how many car companies there should be right now.

How many is that and why? Fewer? More?

 

[oyarde]

I guess it is fair to speculate if govt involvement and union involvement was minimal in the auto industry there would be more american auto makers than presently

 

[axiomata]

The average age of the S&P 500 is 18 years.

After deregulation America churned through over 150 different airlines.

Imagine how many car companies there should be right now.

I like Bezos take:


At an all-hands meeting last Thursday in Seattle, an employee asked Bezos about Amazon's future. Specifically, the questioner wanted to know what lessons Bezos has learned from the recent bankruptcies of Sears and other big retailers.

"Amazon is not too big to fail," Bezos said, in a recording of the meeting that CNBC has heard. "In fact, I predict one day Amazon will fail. Amazon will go bankrupt. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years."

Experts discuss Amazon HQ2, interest rates at NYU's Capital Markets in Real Estate conference
The key to prolonging that demise, Bezos continued, is for the company to "obsess over customers" and to avoid looking inward, worrying about itself.

"If we start to focus on ourselves, instead of focusing on our customers, that will be the beginning of the end," he said. "We have to try and delay that day for as long as possible."

 

[idiom]

How many is that and why? Fewer? More?

Dunno how many there would be presently, but none of them would be more than 30 years old, except for maybe one stalwart. Healthy capitalism is permanent revolution.

 

[axiomata]

Dunno how many there would be presently, but none of them would be more than 30 years old, except for maybe one stalwart. Healthy capitalism is permanent revolution.

But who will build the cars?!?!

 

[devil21]

Dunno how many there would be presently, but none of them would be more than 30 years old, except for maybe one stalwart. Healthy capitalism is permanent revolution.

I think comparing car makers to airlines is a bit off, since airlines don't build the planes they operate. They just throw their paint jobs on them, hence why it's easy to cycle airline companies in and out.