[greenyes] SUVs - Last Year's Fashion

["Peter Anderson" <anderson@no.address>]

        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.

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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."
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Peter Anderson, President
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