There are two big names in the Automotive Industry today; Sergio
Marchionne, Chairman of FIAT Group and Dr. Dieter Zetsche, Chairman of Daimler
AG and both are in the news a lot lately. Sergio is the man who took Maserati
and transformed the legendary sports car builder with a rich racing heritage
into a manufacturer of luxury four door sedans. Remember the legendary Ghibli
of 1967-1973 era, a car which sold more units than the iconic Ferrari Daytona?
It is now a luxury cruiser with four doors thanks to Sergio. As far as I am
concerned, this is not a transformation, it is a hit job with profound
implications.
Dieter too has transformed Mercedes brand with its long racing
heritage from a maker of sport sedans into a maker of upscale sedans. Gone from
the Mercedes brand are shifters from center consoles and V12s with 4 valves per
cylinder. In addition, Dieter is also responsible for a new marketing strategy
for Mercedes that offers cars at the USD 100,000 price range without rear view
cameras and power folding side mirrors. Just to get the power folding outside
mirrors you have to opt for a Premium Package that will cost an additional USD
4,000 albeit it offers very little else in return. Some would call that
approach to marketing a highway robbery but I will just call it short sighted
and greedy bordering stupid.
Yet, these two are not ordinary names in automotive history.
They are both highly successful business men and both are said to be filthy
rich by anyone’s standards. Sergio is said to be worth 270 million US dollars according
to internet posts while Dieter’s worth is said to be into billions. Regretfully,
these two men are not car guys. In reality they are simply ruthless bean
counters with complete disregard for what cars stand for in terms of human
creativity and intelligence. They never raced cars in their life time preferring
the luxury of a corner office to the adrenalin rush of being behind the wheel
of a sports car with a high revving engine. If it was up to them, we would have
never seen the legendry E-Type grace our roads and highways. They consider cars
to be just another consumer items like underwear and tooth brushes therefore
another opportunity to turn around a quick buck. Under their leadership, their
brands have drifted away from the vision of their founders and their images have
taken a beating and continue their tragic downward spiral. As you can tell,
these two are NOT passionate about cars like Enzo Ferrari, Ferruccio
Lamborghini. Ferdinand Porsche or Ettore Bugatti used to be and that is simply
an unacceptable status quo for any passionate car guy.
No comments:
Post a Comment