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DORF Spells Doom for Detroit

The other day my wife and I talked about headlines of the past week describe the
summer camps. We want our children in tension in GM's Boardroom.
busy learning spaces when school vacates. Foreign vehicles last longer with
For some reason the subject reminds me reliable performance. U.S. car-markers
of a New Hampshire camp where I worked have a "worse-than-average" record.
during the summers of graduate school. "Don't come to work; we'll still pay you
Every morning at camp, the grounds crew as long as you stay here from 6AM to
would empty trash barrels. Driving the 2:30PM": Cost $1.4billion to US
old, dented pick-up truck made this job automakers
fun. As they drove past, I noticed that Malcolm Bricklin brings China's Chery
someone changed the chrome letters to Automobile, Inc. to the U.S. in 2007 to
read "DORF" instead of Ford.Dorf has no "steal" GM customers.
definition. It suggests goofy; for the GM one year stock return: -48.4%
camp pick-up truck, it described a GM ten year average stock return:
poor-running, smokey, rusty, mechanical -3.6%U.S. companies once listed on the
nuisance. Ford and GM have designed Dow Jones Industrial Average have
vehicles with mechanical panache. disappeared; they are gone forever
Corvette, Impala, and Country Squire were because of competition and poor
the cars of my youth. Their look made management decisions. My father had a
drivers proud when the price of gasoline Nash for a few months. In July of 1930,
did not matter.As a high school senior, I Nash Motors was removed from the Dow (and
drove a 1950 convertible Chevrolet with again in 1939). Ever drive a Hudson (me
Dynaflow. I loved the smell of the neither)? In May of 1932, Hudson Motor
interior, the sound of the automatic was removed from the Dow. Chyrsler had
transmission, and the convertible top its problems and was removed from the Dow
that needed pushing and pulling during in June of 1979. Could GM be far behind?
sudden down pours. My grandfather drove Detroit may soon become the American car
a 1954 Cadillac as did my father. Long, industry's museum.Ray Randall serves
sleek American cars lined lanes from New clients as a registered investment
Haven to Newport Beach. Now, time, advisor with his firm, Ethos Advisory
technology, unions, and quality turned Services, Essex, Massachusetts Ethos
consumers toward safer, fuel efficient Advisory Services. He has wide experience
cars from Honda, Toyoto, KIA,Subaru, within the financial services industry,
Isusu and Hyundai (once the brunt of writes a weekly newsletter for Ethos
comedic joking). Foreign labor-cost Advisory Services, and coordinates the
advantages offered consumers better developments at Ray holds a Masters
vehicles dollar-for-dollar.All of this Degree from Gordon-Conwell Theological
spells doom for the dorfs of Detroit. Seminary, Hamilton, MA. You may call Ray
For example, The Wall Street Journal's (617-275-5565).




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