I am fired up, you should be too. The reason?... Carbon Motors Corporation an Atlanta based company that may represent the perfect example of what the free market solution to the auto industry crisis could look like. You can learn more about them at http://www.carbonmotors.com/. I recently learned about this break through company in a Fox News article back on December 12, 2008. After doing a little follow up research it became apparent this is clearly worth writing about here.
This new auto industry participant specializes in the manufacture of new state of the art fuel efficient police motor vehicles. It is the company’s hope to have orders for up to 50,000 new vehicles in the coming years with the first models going into service in 2012. Based on reported responses from members of the law enforcement community these new specialty cars could have a very strong market.
The development of this new product is significant for our purposes at DMRightSide because this is proof positive we can soon see in action that shows the Big 3 can, and are going to be replaced. Keep in mind that it has been shown that law enforcement agencies purchase upwards of 70,000 vehicles or more per year. These often are either General Motors of Ford products. If the E7 can take even a small percentage of that figure in its first year of mass production a clear message will be sent that the times are a changing.
Furthermore as reported by Fox once this company hits the production stage not only will they need to choose a state to build the plant in (creating a new mini-economy in effect) but also creating up to 10,000 new jobs along the way. Many of these jobs may likely be ideal for the soon to be displaced UAW workers at the Big 3. If a few more of these new innovating companies take off we may be looking at a genuine redistribution of this area of the industry and after that who knows?
I would be the first to admit that this one lone company is not going to sink a company the size of General Motors or Ford, these companies will likely take care of themselves. At the same time many small entities like Carbon Motors taking the time to innovate and chip away at the “way it has always been” will translate in to an expedited fall of companies that frankly deserve some “street justice”.
In the process of doing so these new little entities are going create new jobs, wealth, and bring about the sort of innovations that make our nation as great as it is. Keep in mind this company in the future and others like it. They may be the saviors of our future.