Goodbye to the Maybach from Mercedes-Benz, a super-luxury automobile aimed at the super-rich, introduced in 2002 before the world found out that there was mostly fraud behind things such as credit-default swaps. MB barely reached 20-percent of the 2,000 annual sales it had planned for the big M.
Congrats to Ford Motor Co., at least from this space. Ford is investing more money, an estimated $135 million, in developing electric car components--proving that our industrial leaders have more imagination and common sense than most of our politicians, looking to the future instead of searching for yet another stupid partisan argument.
Hyundai is selling so many cars in the United States that it is capacity-constrained in this market. Could mean that Hyundai prices will rise. We'll see? Mr. Krafcik, care to comment?
To the electrorate: We are dealing with politicians who are too afraid to invest in the future. Their common excuse is that we have a deficit, that we have to cut everything except taxes and tax breaks for oil compoanies and the wealthy, that there is no guaranteed return on investment in funding new technologies, infrastructure, and education. Nuts! Please tell them that we are not interested in sacrificing the country's technological and educational future.