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Anything Goes Politics, life, gadgets, people... gobbledygook.

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Old 06-07-2005, 09:33 AM
Delta Flyer's Avatar
Cng Attitudes-Not Physics
 
Real Name: Chuck
Location: Lewisville (Dallas), Texas
Hybrids: 2000 Honda Enzyte 5-speed
Posts: 3,147
Unhappy GM to Layoff 25,000 by 2008

http://money.cnn.com/2005/06/07/news...ex.htm?cnn=yes

This is the downside of investing on the future of land barges.

Back in 1980, GM had 50% of the US market - it only has about 25% now. The people that bought Oldsmobiles then are retired with their children buying Accords. How much more pain is necessary for GM to realize writting off the compact and sedan car market to Japanese makers was foolish?

.

61.5mpg lifetime - 82mpg in recent months

Best Run >
www.cleanmpg.com

"fanatic" is what the lazy call the dedicated
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