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Comment by tim333

A lot of the issues may come down to whether management prioritize financial engineering / making huge bonuses / pleasing wall street vs making good vehicles. The same with Boeing - they used to be run by engineers who wanted to make great planes and then the shifted control to finance guys in Chicago who wanted to make big profits. You see the effect a bit with Tesla where I'm sure Musk would love to focus on quality but has to rush things out to make decent quarterly numbers or risk going bust by not getting ongoing financing.

The Japanese seem to have almost the opposite attitude to finance where they will keep putting money into loss making stuff for ages out of a kind of loyalty which may lead to it's own issues of course.

parent tim333 7 years ago

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