Quote:
Originally Posted by PaulC
I cannot forecast anything less than a 1% annual drop in market share for domestic manufacturers. Their products are just too expensive and underengineered to survive against Japanese and Korean competitors. Just wait until China warms up. Remember how the first '80's Hyundai automobiles were derided due to quality issues? Today, I would have no problem owning a Santa Fe, given their strong reputation. Fast forward 20 years to see China assuming a similar position in the auto market. Our grandchildren will remember the Chevrolet marque in the same warm and fuzzy way that we remember Packard.
|
This month in Popular Science there is an interesting article labled "iClone" detailing how the Chinese are closing products from the iPhone to MB's and improving them. I remember when they knocked the spy plane down and the talking heads commented on how good the Chinese are at reverse engineering.