RE: Muieen Cader: The Truth about Hybrids

I was very surprised when I read Muieen Cader’s Blog, to find out that companies who make Hybrid’s are actually losing money from them rather than gaining a huge amount of profit.  I found this piece of information and Muieen’s blog very useful because of the previous class we did have about ethics being an important aspect in a corporation. First I was skeptical to whether or not firms were being ethical for the right reasons, I definitely thought ethics were an important aspect of a company but firms would mainly have them because of their image and too draw in consumers who will eventually generate more profit. But according to Muieen these companies did lose money and are only now creating profits because of the new technology that has developed. I found this very interesting because I did know already that Hybrid’s are priced increasingly higher than a normal car, so I assumed this created higher profits for the company. But, Muieen also mentions that although they are higher priced, some companies, like Toyota, are still losing money due to the extensive price of parts they need to put these environmentally friendly vehicles to work.

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