| The other day my wife and I talked about summer | | | | Honda, Toyoto, KIA,Subaru, Isusu and Hyundai (once |
| camps. We want our children in busy learning spaces | | | | the brunt of comedic joking). Foreign labor-cost |
| when school vacates. For some reason the subject | | | | advantages offered consumers better vehicles |
| reminds me of a New Hampshire camp where I | | | | dollar-for-dollar. |
| worked during the summers of graduate school. Every | | | | All of this spells doom for the dorfs of Detroit. For |
| morning at camp, the grounds crew would empty | | | | example, The Wall Street Journal's headlines describe |
| trash barrels. Driving the old, dented pick-up truck made | | | | the tension in GM's Boardroom. |
| this job fun. As they drove past, I noticed that | | | | *Foreign vehicles last longer with reliable performance. |
| someone changed the chrome letters to read "DORF" | | | | *U.S. car-markers have a "worse-than-average" |
| instead of Ford. | | | | record. *"Don't come to work; we'll still pay you as long |
| Dorf has no definition. It suggests goofy; for the camp | | | | as you stay here from 6AM to 2:30PM": Cost $1.4billion |
| pick-up truck, it described a poor-running, smokey, rusty, | | | | to US automakers *Malcolm Bricklin brings China's |
| mechanical nuisance. Ford and GM have designed | | | | Chery Automobile, Inc. to the U.S. in 2007 to "steal" GM |
| vehicles with mechanical panache. Corvette, Impala, | | | | customers. *GM one year stock return: -48.4% *GM |
| and Country Squire were the cars of my youth. Their | | | | ten year average stock return: -3.6% |
| look made drivers proud when the price of gasoline did | | | | U.S. companies once listed on the Dow Jones Industrial |
| not matter. | | | | Average have disappeared; they are gone forever |
| As a high school senior, I drove a 1950 convertible | | | | because of competition and poor management |
| Chevrolet with Dynaflow. I loved the smell of the | | | | decisions. |
| interior, the sound of the automatic transmission, and | | | | My father had a Nash for a few months. In July of |
| the convertible top that needed pushing and pulling | | | | 1930, Nash Motors was removed from the Dow (and |
| during sudden down pours. My grandfather drove a | | | | again in 1939). |
| 1954 Cadillac as did my father. Long, sleek American | | | | Ever drive a Hudson (me neither)? In May of 1932, |
| cars lined lanes from New Haven to Newport Beach. | | | | Hudson Motor was removed from the Dow. Chyrsler |
| Now, time, technology, unions, and quality turned | | | | had its problems and was removed from the Dow in |
| consumers toward safer, fuel efficient cars from | | | | June of 1979. |