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Why don't US car companies just improve their safety standards?
by nuc1e0n 11mo ago
Why don't US car companies just improve their safety standards?
- reassess_blind 11mo agoExpensive
- acatton 11mo ago"When Congress passes new emission standards, [Honda] hires 50 more engineers and GM hires 50 more lawyers." The quote is attributed to Soichiro Honda, in the book Driving Honda: Inside the World's Most Innovative Car Company by Jeffrey Rothfeder Why solve hard problems when you can just lobby your way out of it?
- bean469 11mo agoCompanies must grow fast and large at all costs due to shareholder pressure, competitiveness and many other factors. This means that short-term profits naturally have priority. It makes much sense, from a short-term profits perspective, to instead lobby politicians and lawyer up - it's the path of least resistance in the current economic reality