April 27, 2012 at 1:29 pm
#39705
Babersher
Participant
Well the fastest Ive ever seen a car being updated is the 90s camry and accord. Every 4 years! Now thats risen to 6. I think all our regulations and safety requirements have burdened automakers and now it takes longer to finish a vehicle. Another thing is plant capacity, before The Great Recession, the industry as a whole had a lot of excess capacity, so it was easier to build a car faster than it is now. Overall, I think that the whole industry has slowed overall. And during the bankruptcy period, GM lost about a year of development, its kind of hard to efficiently work on a car when you dont know if youre keep your job. I think GM will get a little faster from here on out.