Monday, January 12, 2009

Is Buffet Prescient ?

China's BYD motor company has just shown Detroit a thing or two about auto making.
http://www.treehugger.com/files/2008/04/byd-electric-car-e6-crossover-mpv.php
The battery company's arrival in the auto business has produced a car that will sell for thousands less (about $22,000), arrive sooner (around 2011) and out-perform it's American rivals.
The company (Warren Buffet owns 10%) seeks to make a splash during the current Detroit Auto Show.
Just combine these vehicles with the solar powered parking garages and we'd have a good answer to some of our problems.

(Maybe Detroit could produce the same vehicles for less if they did away with the unions and treated their employees like slaves)

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