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Automobile Quote by Charles M. Schwab

“The truth is that we have hitherto made no genuine effort to produce forged steel working parts of automobiles of the highest quality. That is one of the reasons why our automobiles have not ranked with those of foreign make.” quote by Charles M. Schwab
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“The truth is that we have hitherto made no genuine effort to produce forged steel working parts of automobiles of the highest quality. That is one of the reasons why our automobiles have not ranked with those of foreign make.”

Charles M. Schwab

About This Quote

Source Speech: Public address on automotive manufacturing, 1915

The speaker claims domestic car makers have not truly tried to make high‑quality steel parts, causing them to lag behind foreign competitors.

In simple terms: U.S. car makers haven’t invested in quality steel, so they fall behind foreign cars.

Key Takeaway

Invest in better steel production for cars.

Themes

manufacturing quality competition

Mood

critical determined reflective

Type

advisory analytical

When to use this quote

  • automotive design
  • supply chain management
  • quality assurance
  • product development

Key Concepts

industrial engineering material science global trade

Questions to Reflect On

  • What barriers prevent domestic firms from improving steel quality?
  • How could better materials affect overall vehicle performance?
A Different Perspective

Higher steel quality alone may not close the gap without design and cost improvements.

4.6 out of 5 (3 ratings)

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