Quote:
Originally Posted by ChicagoHCHII
Part of the reason I see Toyota and Honda far ahead of Detroit when it comes to these technologies--their senior management doesn't have to worry about nor answer to irate shareholder's worried about quarterly EPS but rather are freer to take long term risks. Here in the west the bean counters would never have allowed the projected negative ROI Prius to be developed, so Detroit waited a few more years.
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Don't Japanese companies have stock market investors that they need to answer to?
Aren't some Japanese car companies going down the toilet? (I heard Nissan but have not verified that.)