Sunday, October 26, 2008
General Motors, Driven to the Brink
Now, there's a headline.
Not too long ago, the SUV was the biggest single profit centre a car company ever had.
It is now, thank god, toast.
"What is clear is that Detroit, among its other miscues in recent years, particularly overindulged its romance with S.U.V.’s, leaving it tethered to a product line that may prove to be the industry’s undoing."
Read the whole story here and then bless your Smart Car, scooter or 2-door hatchback and keep lobbying for real transit in Vancouver.
Maybe someday it will arrive.
Posted by David Berner at 10:51 AM
Frank Rich of the NY Times has written a fascinating editorial this morning on the self-destruction of the McCain campaign.
He says, among other things, that "Republican leaders have no idea what “real America” is."
The piece is called "In Defense of White Americans," and it's definitely a good read.
Posted by David Berner at 10:46 AM