The Flint Journal reveals the shocking news!
At-home truck and SUV sellers...are finding out first-hand the same thing that new and used car dealers already have -- that demand for gas guzzlers (those getting far south of 20 miles per gallon) is dropping sharply as the price of motor fuel rises.
This is the kind of investigative journalism that America needs!
The article provided me with my favorite quote of the week: "All the way around, the pain is there," said GM spokesman John McDonald. Does he feel their pain?ReplyDelete
I doubt it. But they'll be more pain in the next few years...GM's only plan for their woes seems to be getting rid of as many American workers as possible, so there's going to be a lot more bad news in the next few years.ReplyDelete
GM Stock prices: 52 week high = $42 and today's quote = $18. In 2000 it was over $90. Brilliant! Better get rid of more retirees.ReplyDelete