@Bleukitty It is also that the US car manufacturers got lazy and many of them just didn't make stuff people wanted to buy. Back then I heard that there were some individuals, most famously Lee Iacocca, who managed to renew and turn things around. But I also heard that arrogance lived on. E.g. GM managed to buy Saab (one of the most innovative car makers) and drive it into the ground. And didn't Obama bailout car industry with loads of money?
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Inscius (inscius@noauthority.social)'s status on Monday, 24-Feb-2025 23:04:57 JST Inscius
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BleuKitty :verified: 😺 (bleukitty@freeatlantis.com)'s status on Monday, 24-Feb-2025 23:09:48 JST BleuKitty :verified: 😺
He did.
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Inscius (inscius@noauthority.social)'s status on Monday, 24-Feb-2025 23:09:48 JST Inscius
@Bleukitty Bailouts usually promotes stagnation.
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