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Non-Tech : GM - General Motors
GM 68.78+2.8%3:59 PM EST

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To: pcyhuang who wrote (367)9/3/2006 2:42:52 PM
From: Tadsamillionaire  Read Replies (1) of 543
 
GM and Ford need to get with the program and get some vehicles on the road that get 60 to 80 mpg. That would sove a lot of problems. Where are the leaders of these companies?
Where are the Lee Iaccoca's?

You were among the first in Detroit to warn how rising gas prices would be a game changer. Why, then, were you blindsided?

Ford: We did see this coming. But we didn't anticipate the severity and the speed at which oil rose. We did plan our future products with the notion that oil was going to be a dearer resource and a more expensive one over time. And therefore the shift is already underway to make our product line more fuel-efficient and, in many ways, smaller.
msnbc.msn.com
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