Detroit’s condition is not the kind of thing you want to rub your hands in bloggy schadenfreude over. Blue-collar layoffs have started turning into white-collar layoffs. And when they sell cars that do horrible things to the planet they’re just trying to give the American public what it wants.
But of course the American public is fickle and freaked out about gas, and so the SUVs and light trucks that used to account for 60% of GM’s sales in the USA aren’t selling like they used to. As a consequence, GM just posted its 3rd biggest quarterly loss in its history. The leasing of SUVs has taken the biggest hit, because nobody wants to buy the used SUVs anymore–they’re now selling at a quarter of their original value. It is tempting to resort to karma talk here.
Call me a socialist, but wouldn’t it be better for everyone if making catastrophically large ski-transport vehicles was against the rules, so everybody would just stick to the fuel-efficient cars they want whenever there’s an oil crisis? This is a pretty clear example of the free market not behaving like the benevolent god libertarians want it to be. More like a spoiled mercurial toddler or a crackhead.
August 2nd, 2008 at 11:47 am
One would expect GM to switch to hybrids completely after years of huge losses, but they dont do it. They just trying to hold on with layoffs, maybe a few factory closings etc.
I think they believe oil crisis is temporary and it will pass in a few years and they could continue selling bigger and more powerful trucks and SUVs with the most inefficient gas-guzzler/Earth-screwer engines!
August 2nd, 2008 at 1:47 pm
Keep in mind the Bush administration put a tax break on the largest SUVs, during the first term, which wasn’t altered until 2005:
http://www.bankrate.com/brm/itax/biz_tips/20030403a1.asp
That said, I think GM could have avoided this if congress had instead pushed higher CAFE standards and put tax breaks on fuel efficient or alternative fuel vehicles instead of massive SUVs. A socialized healthcare system would also help them be much more competitive with foreign manufacturers that cover employee and retiree healthcare with their taxes, rather than private insurance.
Had they done it themselves, it also might have saved them a lot of trouble. Sucks to be them… sucks worse to be working for them, or relying on their continued existence for your retirement benefits.
September 9th, 2008 at 1:04 am
coin collecting information
Many blogs have stopped using trackbacks because dealing with spam became too burdensome. The TrackBack specification was created by
September 12th, 2008 at 5:07 pm
cheap car rental in usa
round trip tickets
September 13th, 2008 at 4:05 am
Gas Saving Trucks
Thanks for this post!
September 17th, 2008 at 2:00 am
run a car on water
I have been searching for this information. Thanks!
September 23rd, 2008 at 12:00 pm
public auto auctions
This is an informative post. I will surely pop over again.
September 26th, 2008 at 6:57 am
Used Car And Trucks
Please share more.
September 26th, 2008 at 8:16 pm
mega life health insurance
comment1
September 30th, 2008 at 8:40 pm
cheap flights for usa
October 31st, 2008 at 8:53 pm
Cheap Flights First Class Interantional Flights – Tickets Airfares Travel Cheap Air Flights Go American Airlines
I didn’t agree with you first, but last paragraph makes sense for me
November 1st, 2008 at 1:35 pm
Employee Retirement Benefits In Us
Hi – just wanted to say good design and blog -
November 4th, 2008 at 11:40 pm
cheap health care insurance
546fd2e3e
November 10th, 2008 at 3:31 am
private healthcare insurance
I never thought I will agree with this opinion, but you know… I agree partially now
November 15th, 2008 at 4:28 am
Employee Retirement System
Your blog makes very interesting reading. I’m sure others will think so too I look forward to reading their comments.
December 1st, 2008 at 10:18 am
used american car sales
It is amazing that you wrote a decent blurb regarding Chrysler has more for GM than minivans and Jeeps at Allpar Weblogs. I just did a quick search on used american car sales and was fascinated! Nice job!
December 10th, 2008 at 12:00 am
water4gas review
great post and nice site
Glad I found it.
December 19th, 2008 at 6:16 am
sell a used car
I found this on Friday while I was searching for sell a used car.
December 20th, 2008 at 10:22 am
used car sales in tucson
There is obviously a lot to know about used car sales in tucson. I think you made some good points in The Housing Bubble Blog ” A State Of Overbuild
December 21st, 2008 at 4:07 pm
blue cross health insurance
Good post. I am looking into these issues on my blog.
January 30th, 2009 at 7:05 am
let a business that doesn’t know how to do business DIE.
it will be replaced by a better business.
common sense is uncommon.
June 22nd, 2009 at 3:34 am
Used Trucks For Sale
Top Guide of Used Trucks for Sale and used cars for sale
used trucks for sale cheap
By Herman
It is probably a good option to initially start to look at used cars or used trucks for sale at a good quality car dealer when trying to find cheap quality …
July 10th, 2009 at 7:51 am
buy cheap phentermine 37.5 mg without prescription
phentermine no prescription
July 10th, 2009 at 3:21 pm
hpentermine
hpentermine
July 11th, 2009 at 12:19 pm
acomplia
acomplia
July 11th, 2009 at 1:27 pm
xenical
xenical
July 12th, 2009 at 1:02 pm
Cheapest flights
I was at first a little apprehensive about flying with EVA as I had not used the company on previous flights eastward, and had pretty much decided I wanted to go with Nippon or Thai Airways for my flight to Bangkok. However, since EVA offered a flight …
July 13th, 2009 at 2:19 pm
phentermine and methamphetamine
phentermine
July 14th, 2009 at 4:54 am
xanax bar
xanax
July 14th, 2009 at 11:00 am
fioricet online
fioricet
July 14th, 2009 at 11:45 am
cash on delivery fioricet
buy fioricet
July 14th, 2009 at 11:58 am
tramadol information
tramadol
July 19th, 2009 at 1:23 pm
Discount and cheap airline tickets,airfare prices and air travel
Airlines islandscosta airline list rica egypt kite surfing hotel plaza athenee new york d’ivoirecroatiacubacyprusczech republic paris online reservation cote, las vegas otel booking, czechoslovakiadenmarkdjiboutidominicadominican republic, elite tours…
July 19th, 2009 at 7:04 pm
online pharmacy
online pharmacy
July 27th, 2009 at 10:26 am
igogogo
igogogo
August 6th, 2009 at 7:28 am
pharmacy
pharmacy
August 22nd, 2009 at 8:37 pm
August 31st, 2009 at 5:49 pm
medication
pharmacy
September 24th, 2009 at 1:13 pm
Las Vegas Show Tickets…
What happens in Vegas stays in Vegas!! Ha, ha! Check this web site out for all of your show and concert tickets, it is a great alternative to the devil – Ticketmaster!…
September 24th, 2009 at 1:13 pm
Las Vegas Show Tickets…
What happens in Vegas stays in Vegas!! Ha, ha! Check this web site out for all of your show and concert tickets, it is a great alternative to the devil – Ticketmaster!…
October 18th, 2009 at 11:19 am
ckgpmezibjuwrd winnings…
ckgpmezibjuwrd trucks bullets paper trees cobblers wolves falcons tigers courtesans security bacteria kite toads performers jewels brush thieves bankers sea natives courtiers goblins wagers irritants curlews asteroids ladies harpers pearls preachers…
October 18th, 2009 at 12:04 pm
debt consolidation firms online debt relief online debt…
debt solutions debt management plan reviews consolidate loans debt settlement usa reviews debt management programs reviews loans for bad credit debt consolidation programs reviews green path debt solutions reviews debt solutions debt relief usa…
October 18th, 2009 at 12:07 pm
weight loss guide for women online pharmacy weight loss…
acai juice acai fruit diet pills usa online weight loss support diet pills that actually work diet pills that work fast acai juice diet products order acai berry juice dieting diet pills for woman acai berry powder reviews acai berry pills review…
October 18th, 2009 at 12:12 pm
repair credit rating legal credit repair credit repair…
fast credit repair lexington credit repair credit report score three repair your credit rating online credit repair repair your credit fast veracity credit repair credit repair charge offs bureau credit report score credit repair credit repair…
October 18th, 2009 at 12:24 pm
medical supplies bathroom medical supplies san diego…
medical supplies bathroom medical supplies stores nyc free medical supplies medical supplies needles apria medical supplies sacramento medical supply company medical supplies for the elderly medical supplies san diego california medical supply…
October 18th, 2009 at 12:26 pm
prescription online pharmacy canada accutane price…
restasis cost contraceptives tramadol prescription online emergency contraception price levonorgestrel remeron reviews bicalutamide cost canadian prescription drugs online cialis best price ortho tri cyclen yasmin pill reviews pantoprazole xalatan…
October 31st, 2009 at 4:21 pm
PianoGuy…
Megacool Blog indeed!… if anyone else has anything it would be much appreciated. Great website Enjoy!…
November 21st, 2009 at 9:20 pm
Resource Guy…
Saturdays seem to work good for me, I discovered your Affordable Dental Insurance Guide | Low Cost Dental Insurance … page when looking for good cheap health insurance on google Lovely post, i tend to agree with your comments, but I still find mysel…
November 23rd, 2009 at 3:20 pm
coin collecting supply…
I found your blog on Monday via Google while searching for coin collecting supply and your post regarding coininfo ” Blog Archive ” Coin Collecting and Investing … seemed interesting. I have a few websites of my own and I must say that your site is…
November 24th, 2009 at 1:13 pm
James Raymond…
What made you want to write on GM Gets Shafted For Relying on SUVs and Trucks | Better …? I was wondering, because I have been thinking about this since last Tuesday!…
November 24th, 2009 at 5:11 pm
What does the latest size zero craze means for overall life, will it improve or can it put more pressure on us? …
information…
December 4th, 2009 at 1:25 am
fast credit repair…
Appraiser for rebuilding cost of your business building is needed now before disaster strikes leaving your business at risk. In addition to typical risks of theft and fire, natural disaster risks that can cripple any type of business prevail. It is ess…
December 5th, 2009 at 11:12 pm
Panic Attack Symptoms…
[...] When an attack occurs we usually don’t try to calm ourselves down because that is essentially the last thing on our minds. When you get a panic attack try breathing naturally and relaxing as much as you can to help ease things, fighting a panic …
December 8th, 2009 at 4:42 am
James Raymond…
This is a very informative and creative article about GM Gets Shafted For Relying on SUVs and Trucks | Better …, but im confused. How do you handle the number of people who just don’t get it? I read your article found it brillantly written, but i fe…
December 8th, 2009 at 2:19 pm
bxcomcmp…
It sounds attention-grabbing, I’m not sure if I agree with you…
December 9th, 2009 at 2:12 am
Dental Discount Plans…
Your topic GM Gets Shafted For Relying on SUVs and Trucks | Better … was interesting, it’s quite an important topic and I find your insights extremely relevant, I have taken them to heart and will make some serious changes in my life….
December 10th, 2009 at 3:54 am
We are the best designer bags online,and our uggs outlet also sale uggs ,you can choose the newest ugg boots ,mbt shoes ,timberland boots , and jimmy choo bags ,mulberry bag , miu miu bag , lv bag , chanel bag , and other designer handbags ,our classic ugg cardy are the best quality ,and classic tall ugg are hot sale for these month , also you can choose the ugg new style , ugg bailey button boots , the timberland shoes are hot sale for these days, for the christmas you can purchase cheap designer bags or uggs ,maybe you will recieve the ugg boot with a mbt shoe as a gift.
December 11th, 2009 at 2:45 am
Australia Ugg Boots becoming more and more popular,new style ugg boots will be the best seller for this Christmas,includesUgg Knightsbridge,UGG Bailey Button;and the ugg classic tall boots, ugg cardy boots also hot sale for these years,you can choose your lovely UGGS Boots on shoesem.com,You can choose the discount ugg boots or the newest uggs for yourself or your friends.
December 11th, 2009 at 10:43 pm
You’ll be amazed at what cheap Tiffanyyou will find at the thrift store and pleasantly surprized by the cost.
Cheap Prada shoes can be found in a couple of places.mens prada shoesThe first place to check for Prada shoes that will fit into your budget is your local Prada dealer.
Many internet-based auction sites promise super low prices on ugg boots and shoes. However,ugg store.the actual products up for sale in many of these auctions are actually lookalikes instead of the real McCoy.
Currently there are many stores that sell the brand name Nike Air Force Ones, prices ranging from $70 upward, averaging out a bit over $100.nike air force 1In order to combat these prohibitive prices online websites such as urbanhotlist.
What comes to your mind when you hear UGG boots? They have been called Ug, Ugh boots or Uggs. 200 years ago Ug was not a trademark.ugg storeAccording to the Aussie slang, Ug is short for ugly.
When searching for uggs on discount boots websites, ugg discountfirst consider the website itself. If the site is offering shoes, slippers, or boots at too good of a price, be warned—they might be counterfeit!
Here are some useful tips on how to spot fake UGG boots.ugg boots Subtle differences in the UGG logo exist between genuine pairs and fakes. Keep a wary eye on its stitched place.
The next pair of shoes that we are going to be looking at and which are proving to be popular are the Florance.Ugg Amelie SuedeThis is a very unique looking ballet shoe, which is made from soft suede and has a leather outsole which has the rubber Ugg Sun logo on them and which also provides you with traction.
simpler? Would you consider My World Plus as a right venture for you online?online shoppingHow about those of you who’ve been very successful as online marketers and home based business rock stars?
December 17th, 2009 at 6:13 am
You maybe interested in below boots:
ugg outlet
uggs outlet
ugg boots on sale
ugg boots for sale
discount ugg boots
December 22nd, 2009 at 5:04 pm
Bon Jovi Tickets…
All Leafs players, front office employees and fans can line up and shoot on Vesa Toskala. Participants will shoot from a faceoff- dot all the way down to the ice to the other net, where Toksala must save the shot. For every shot Toskala lets in, it mea…
January 2nd, 2010 at 8:59 am
teeth whitening dentist stoke on trent…
How to find a cosmetic dentist in Stoke on Trent (near Hanley) thats affordable & friendly…
January 6th, 2010 at 4:31 am
cheap timberland boots sale on timberland store,timberland pro work boots,timberland roll top sale ,work boots ,timberland 6 inch boots,Buy timberland boots ON Tagfeeling.com must be your best choice!
January 6th, 2010 at 4:32 am
Save 60% off chi hair straighteners,we offer best Pink CHI Flat Iron ,Chi Camo Blue Ceramic Flat Iron in the market and 100% Quality Guarantee.
January 6th, 2010 at 4:32 am
Find Original Bose Headphones sale at kissbose.com,Bose In Ear,Discount Bose Headphones with Top Quality! save 50%.buy now
January 12th, 2010 at 1:50 am
VOB Converter OS X
custom iphone ringtone
flv editor
video to ipod touch
DVD to iPod Converter,
Convert MTS
January 14th, 2010 at 2:15 am
Vipchi store,we provide you with qualified chi with cheap price:pink chi flat iron,green camo chi flat iron,chi camo flat iron blue,chi flat iron sale,Fast Savings &Free worldwide Shipping!
January 14th, 2010 at 2:20 am
tiffany heart necklace manufacturers directory – over 300000 registered importers and exporters.you can choose any kind of Tiffany & Co. silver necklace online tobling store,heart necklaces,tiffany bracelet on sale.
January 14th, 2010 at 3:51 am
tiffany world
ckloo blog
ed hardy
cheap ed hardy
links of london
links london
tiffany jewellery
tiffany co
jewelry blog
tiffany free
tiffany world
gucci shoes
prada shoes
dior shoes