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GM acknowledges painful reality
It took longer than I thought it would, but General Motors is finally acting on the reality of $4 per gallon gas. It is closing truck and SUV plants to reduce production of its line of gas hogs, and is considering selling off its Hummer division. Real people will suffer as a result of this as employees at these plants will be laid off. Those people should take it out on the company's management that was so slow to act on global changes.
The silver lining of this story is that GM is recognizing that maybe there is a market for more fuel efficient vehicles after all, and that maybe it's time to resurrect an electric car. The Chevrolet Volt sounds like it has some potential. Put me on the list to call when they're available.
GM acknowledges painful reality
June 3, 2008
It took longer than I thought it would, but General Motors is finally acting on the reality of $4 per gallon gas. It is closing truck and SUV plants to reduce production of its line of gas hogs, and is considering selling off its Hummer division. Real people will suffer as a result of this as employees at these plants will be laid off. Those people should take it out on the company's management that was so slow to act on global changes.The silver lining of this story is that GM is recognizing that maybe there is a market for more fuel efficient vehicles after all, and that maybe it's time to resurrect an electric car. The Chevrolet Volt sounds like it has some potential. Put me on the list to call when they're available.
Posted by Peter Welander on June 3, 2008 | Comments (1)
June 4, 2008
In response to: GM acknowledges painful reality
Mark commented:
In response to: GM acknowledges painful reality
Mark commented:
Driving very gently last week with a Chevy Aveo five speed, I was able to get 38 mpg. www.chevrolet.com/aveo That GM vehicle, I believe, is from Korea. Could GM make that, or something even more fuel efficient, cost effectively in the U.S., with wise autmation investments? I think so. Would people buy enough of them? For very high mpg, also see: www.controleng.com/article/CA6547167.html Other thoughts?
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