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> The auto manufacturers need to look to the future before they become obsolete. No they don't, the economics of cars is doing exactly what it should. The old
by zanny 14y ago
> The auto manufacturers need to look to the future before they become obsolete.
No they don't, the economics of cars is doing exactly what it should. The old dogs don't react fast enough so new tech and ideas like Tesla take over.
It is good to have corporate turnover of businesses before they can concentrate power and influence in their niche sphere to capture markets. In the US, the downsizing of Chrysler brings GM / Ford into a duopoly after having bought dozens of brands over the last half century. They desperately needed some competition.