Re: Motorhome Industry Regulation
Reply #9 –
Yahoo Message Number: 13191
Carol, I'm not sure that I could disagree more completely.
The investor does see the cost of repairs, redos, and warranty work.
Those are all expenses that come out long before they get to the bottom line.
On the subject of regulation I see it differently. The safty innovations that are in cars today were not invented because they were required. They became required after they were invented. Seat belts, shoulder belts, abs, and air bags all came along because of competitive pressures. Some folks want safe cars and are willing to pay for them. That drove competition for their dollars. Today the regulations do not require that a car be as safe as a Volvo. But the Volvo is there anyway. Customer demand is a much more efficient force than regulation.
The same is true with quality. If everyone wanted the highest quality there would only be one car/RV made. What people want is there own balance between some set of perceived features and benfits. Style. Comfort. Performance. Safety. Value. We all make these decisions and I do not want the government making these important decisions for me.
George Sanders in Birmingham, AL
Allure 31038
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