If you want to be a person who buys stuff at the dollar store, you can be that person. If you want to make really cool stuff on your desktop and be the manufacturer, that is a lifestyle.
I am not a politician. I am an engineer who has spent most of his career working in factories that manufacture the world's most advanced devices.
It's real easy to manufacture what you think the people want to hear. But that's not very honest.
What I worry about is not just Nissan, but Japanese manufacturers losing motivation to maintain production in Japan. The high yen is definitely a headwind.
There are always lessons that can be learned from another manufacturer. You can learn from their successes and from their mistakes also. But you cannot replicate; you can only learn.
My father was the marketing director of a biscuit manufacturer in Berkshire. It meant that every Friday he brought home huge bags of broken biscuits that could not be sold.
You've got different governments and manufacturers saying, 'Oh, we'll be electric and autonomous by 2030 or whatever.' In my view Formula One is at a crossroads. What is its purpose? We have Formula E, and a lot of manufacturers are morphing into that area. But the emotion, the entertainment, the excitement of those cars just isn't there.
In the four decades after World War II, manufacturing jobs paid more than other jobs for given skills. But that is much less true today. Increased international competition has forced American manufacturers to reduce costs. As a result, the pay premium for low-skilled workers in manufacturing is smaller than it once was.
A great number of the disappointments and mishaps of the troubled world are the direct result of literature and the allied arts. It is our belief that no human being who devotes his life and energy to the manufacture of fantasies can be anything but fundamentally inadequate.
I have the idea that running shoes are based on a kind of cult idea - that our feet are flawed and we need shoes to correct those flaws. The shoe companies are in the business of selling shoes. But there's no evidence from running shoe manufacturers that they're right. There's no scientific data that running shoes reduce injury.
