Bob Lutz at the Geneva auto show, stated that if market conditions continue on the current course, it will likely mean that one of the Big Three will disappear sometime in the future. "If you project out present trends, you can only come to the conclusion that it's going to be an extremely difficult environment," said Lutz. But he also made it clear that GM is more likely to survive than Chrysler or Ford Motor Co. "Right now, we're in the best position...
We're approaching the end of the beginning of the transformation of GM."
Full story here.
Image: Axel Wierdemann / General Motors
Full story here.
Image: Axel Wierdemann / General Motors
ateixeira says:
11:30 AM, 03/ 8/07
Sad, but true.