Auto industry Quote by James Surowiecki
“In the auto industry, there's one thing you can always count on: if a new environmental or safety rule is proposed, executives will prophesy disaster.”
About This Quote
Source Article: The New York Times, “The Disaster Myth in Auto Regulation”, 2019
Executives predict catastrophic outcomes whenever new safety or environmental regulations are suggested, reflecting fear of change and profit loss.
In simple terms: Regulators cause panic among auto leaders.
Key Takeaway
Anticipate and address industry concerns early.
Themes
regulation
industry
fear
profit
change
Mood
cautious
critical
Type
analytical
commentary
When to use this quote
- policy drafting
- corporate strategy meetings
- public advocacy
- industry lobbying
Key Concepts
risk aversion
strategic communication
policy impact
Questions to Reflect On
- How can data be used to counteract disaster narratives?
- What incentives could align executives with safety goals?
A Different Perspective
Predictions often ignore data showing long‑term benefits of regulation.
![“Look at what I am proposing, and we [wih Bernie Sanders] have a vigorous agreement here. We both want to reign in the excesses of Wall Street. I also want to reign in the excesses of Johnson Controls that we bailed out when they were an autoparts company, and we saved the auto industry, and now…” quote by Hillary Clinton](https://sms4smile.com/quotes/img-quotes/ea8/hillary-clinton-51_agreement_look-at-what-i-am-proposing-and-we-wih-b_49820.jpg)
