American Automobile Industry: Can it survive? Message Board

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Technology Stocks : American Automobile Industry: Can it survive?

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From: Sam Citron	11/15/2006 12:20:04 PM
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Rick Wagoner, CEO, GM, said that Big 3 told Pres Bush yesterday they will be able to produce up to 50% of their vehicles with flexible fuel [FFV] capability if they can be assured of adaquate availability of ethanol and sufficient distribution capability. Previously this summer they had announced their intentions to double their production of FFVs by 2010. Nice to see the Big 3 pulling together for a change. I may need to cover my GM short. Yesterday I took some TM profits on Cramer recommendation pop. SC

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