Tuesday, December 06, 2005
Haven't done a car post in a while. They're closing plants and laying off workers. They sold part of their financing unit. The GM fire sale continues. I find this interesting, as the initial attraction for GM was Subies' advanced, light weight AWD systems. I wonder if this means GM will be selling Saab also, since they have been using the WRX as the base of one of their models???
PS. For anyone who is curious about just how the U.S. auto industry got where is , you should read this book.
PPS. The Japanese are keeping a close eye on this over seas rival, whose product and quality have become quite competitive in the last few years.