And yes, some of these companies like GM did have the 'stuff' but just simply 'let it collect dust' and didn't use it.
Quote:
"We had the technology to come out with a hybrid at the same time as Toyota," Lutz said Tuesday. "In hindsight, it was a mistake. ... We made the mistake and we won't make it again."
"I think the whole company has learned when you step out and do bold things, you win and when you're cautious and let other people do the bold things, you lose,"
Bob Lutz
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http://abcnews.go.com/Technology/sto...4485292&page=1