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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (434581)11/12/2008 1:56:38 PM
From: TimF  Read Replies (1) of 1574006
 
They are if that's what the consumer is buying.

Until recently the consumer was buying bigger and more powerful cars, with MPG typically only being a secondary consideration.

Also the "big three" didn't have much worse mileage than their foreign competition. Japanese cars used to be small high mileage cars, but now not so much.

2007 model year statistics
Domestic passenger cars

General Motors: 29.9 mpg
Toyota: 31.6 mpg

latimesblogs.latimes.com

1.7 extra MPG is not why Toyota has

Market Cap (intraday)5: 99.15B
Net Income Avl to Common (ttm): 12.96B

finance.yahoo.com

while GM has

Market Cap (intraday)5: 1.93B
Net Income Avl to Common (ttm): -22.79B

finance.yahoo.com
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