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View Full Version : 12/3/08 - Auto bailout consequences - sfgate.com


Matthijs
12-08-2008, 02:32 PM
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/12/02/EDSN14G1SR.DTL

If the Big Three auto manufacturers receive financial assistance in this tight credit market, then it will increase the already high barriers to new technologies. Any established technology has a large advantage over emerging technologies. Existing technologies have an established track record with customers, efficiencies of scale and market share.