We begin the year with a new auto, purchased a few weeks ago—2010 Toyota Yaris. The cutie car replaces our 1992 Toyota Corolla, which was totaled in a Black Friday weekend 2009 accident.
The family looked at several options, including the Honda Fit. Hertz rented us another Yaris, which charmed us all with its snub nose, compact size, and tight turning radius. We couldn’t resist.
Today’s Jeopardy question: How do you turn around the auto industry? For at least one automaker, perhaps even two or three, a sub-$5,000 car is my answer. Over lunch, I read news analysis “Small Isn’t Beautiful” in Sept. 19-25, 2009, Economist (I’m a print a subscriber). Economist aptly explains why the auto history is hosed, now that cash-for-clunkers programs are gone, there’s no credit for fancy, high-priced cars and demand increases for smaller, fuel efficient and environmentally friendly vehicles. Let’s not forget the production problem: For mature markets, at least, production capacity exceeds demand (and did before the econolypse).
I know because I read it in The New York Times—and I remember because I wrote that story. Jerry Flint
I philosophically oppose the concept of hybrid cars. The hybrid is a feel-good response to concerns about the environment that doesn’t go near as far as needed. For other folks, hybrid auto is a no-conscience purchase; it’s about saving money on gasoline. Mother Nature deserves better than these gas guzzlers and air polluters.
How about those natural gas vehicles, like the Metro buses moving around Washington, or ethanol-powered alternatives? They’re no better choices than hybrids. All these vehicles are bad for the environment and in their wickedness preserve an oil-based infrastructure and economy that long ago surpassed any meaningful usefulness.