What’s interesting is that automakers are placing bets across the board, and large bets at that, because no one knows which technology will ultimately win the day with consumers.

— Gary Silberg, National Automotive Industry leader for KPMG LLP, commenting on a recent KPMG survey of global auto exectutives

1 Comment on Quote of the Day

  1. Elroy Jetson says:

    General Motors was largely the creation of William C. Durant, a brilliant entreprenuer who in the 1910’s led GM on an acquisition trail that would make any anti-trust officers eyes water. He bought a number of small companies with widely different technologies, like the Elmore (3 cylinder 2-stroke powered autos), because, to paraphrase, he just didn’t know where the future was going to lead the auto industry. Curiously, at that time, the competing technologies were Otto-cycle gasoline, 2 stroke, Diesel, steam, and electric. Back to the future?