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Quote Of The Day: Chrysler Could Be Rich If There Wouldn't Be That Nasty Mortgage

“The only reason we are not making money on the net is that I pay interest on the borrowings I took from the government and I have money in the bank to cover that debt. Actually, against the Treasury we owe them nothing. We have enough cash to pay it all off. But you can’t run a business without cash, so it’s just a function of our capital structure. If we had taken those funds as equity as GM did, we would have been making money, net, right now.”

Bertel Schmitt Jul 31, 2010

Recent Comments

MacTassos Bagpipes. And loud ones at that.Bagpipes for back up warning sounds.Bagpipes for horns.Bagpipes for yellow light warning alert and louder bagpipes for red light warnings.Bagpipes for drowsy driver alerts.Bagpipes for using your phone while driving.Bagpipes for following too close.Bagpipes for drifting out of your lane.Bagpipes for turning without signaling.Bagpipes for warning your lights are off when driving at night.Bagpipes for not coming to a complete stop at a stop sign.Bagpipes for seat belts not buckled.Bagpipes for leaving the iron on when going on vacation. I’ll ne’er make that mistake agin’.
TheEndlessEnigma I would mandate the elimination of all autonomous driving tech in automobiles. And specifically for GM....sorry....gm....I would mandate On Star be offered as an option only.Not quite the question you asked but.....you asked.
MaintenanceCosts There's not a lot of meat to this (or to an argument in the opposite direction) without some data comparing the respective frequency of "good" activations that prevent a collision and false alarms. The studies I see show between 25% and 40% reduction in rear-end crashes where AEB is installed, so we have one side of that equation, but there doesn't seem to be much if any data out there on the frequency of false activations, especially false activations that cause a collision.
Zerocred Automatic emergency braking scared the hell out of me. I was coming up on a line of stopped cars that the Jeep (Grand Cherokee) thought was too fast and it blared out an incredibly loud warbling sound while applying the brakes. I had the car under control and wasn’t in danger of hitting anything. It was one of those ‘wtf just happened’ moments.I like adaptive cruise control, the backup camera and the warning about approaching emergency vehicles. I’m ambivalent  about rear cross traffic alert and all the different tones if it thinks I’m too close to anything. I turned off lane keep assist, auto start-stop, emergency backup stop. The Jeep also has automatic parking (parallel and back in), which I’ve never used.
MaintenanceCosts Mandatory speed limiters.Flame away - I'm well aware this is the most unpopular opinion on the internet - but the overwhelming majority of the driving population has not proven itself even close to capable of managing unlimited vehicles, and it's time to start dealing with it.Three important mitigations have to be in place:(1) They give 10 mph grace on non-limited-access roads and 15-20 on limited-access roads. The goal is not exact compliance but stopping extreme speeding.(2) They work entirely locally, except for downloading speed limit data for large map segments (too large to identify with any precision where the driver is). Neither location nor speed data is ever uploaded.(3) They don't enforce on private property, only on public roadways. Race your track cars to your heart's content.

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Quote Of The Day: Chrysler Could Be Rich If There Wouldn't Be That Nasty Mortgage

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