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Re: [greenyes] SUVs - Last Year's Fashion


Unfortunately Wagoner made a (bs) statement about how
'on top' gm was on the problem and they have a 'plan'
to solve it. Or to restate - Status Quo. Funny it seem
to 'answer' everyone questions on gm plans of
survival.

--- Peter Anderson <anderson@no.address> wrote:

>
> Question: Is this just fashion whims like
> hem lines or is there, god
> forbid, intelligent design in the biz and that,
> evenutally, rational thought
> enters the equation?
>
>
> WALL STREET JOURNAL - June 6, 2005
>
> GM Chief to Face Harsh Light From Shareholders'
> Questions
> By ANN KEETON and SIMONA COVEL
>
>
> Given the dismal news from Detroit this year,
> stakeholders in General Motors
> Corp. are expected to have questions ready for Chief
> Executive Rick Wagoner
> when the auto maker holds its annual shareholders
> meeting tomorrow morning.
>
> "...
> "...
> "...
> "...
> Large SUVs and pickups have been GM's biggest profit
> makers, but sales of
> the departing models have slumped in recent months
> as gasoline prices have
> risen and consumers have shifted toward
> smoother-riding crossover wagons.
>
> Robert Barry, a Goldman Sachs analysts who just
> initiated coverage on GM
> with an "underperform" rating, said GM's marketing
> is out of touch. "We
> think of cars as fashion goods," he said on a
> conference call Thursday.
> "Fashion is moving away from SUVs."
> "...
> "...
> "...
> "...
>
>
>
> Peter Anderson, President
> RECYCLEWORLDS CONSULTING
> 4513 Vernon Blvd. Suite 15
> Madison, WI 53705-4964
> Ph: (608) 231-1100
> Fax: (608) 233-0011
> Cell: (608) 698-1314
> eMail: anderson@no.address
> web: www.recycleworlds.net
>
>


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