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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (69526)5/31/2008 6:37:45 AM
From: elmatador  Read Replies (2) | Respond to of 74559
 
Looking grim in NZ at the gas pump? financialsense.com




To: Maurice Winn who wrote (69526)6/3/2008 10:35:03 AM
From: Snowshoe  Respond to of 74559
 
Death of the SUV, rise of the electric car...

GM closing 4 truck and SUV plants in North America
news.yahoo.com

...the plants to be closed are in Oshawa, Ontario; Moraine, Ohio; Janesville, Wis.; and Toluca, Mexico. ... the iconic Hummer brand will be reviewed and potentially sold or revamped.

... General Motors Corp.'s board approved the production schedule of the Chevrolet Volt, and the company plans to bring the plug-in electric car to showrooms by the end of 2010. The Volt runs on an electric motor and has a small engine to recharge its batteries.

...the change in the U.S. market to smaller vehicles likely is permanent. "We at GM don't think this is a spike or a temporary shift"