Forum Discussion
H_1
Aug 22, 2008Explorer
A number of posters appear to have the attitude of "Apres moi le deluge" which interpreted means: "as long as I get enough to keep me happy, nuts to everyone else." To the outsider, this is just a fantastically ugly image - an obese man at a buffet fighting off others with a cane as he shoves fistfuls of pasta into his mouth.
One hopes they aren't like that in person.
Autoblog reported that Ford figured $3.50 was the breaking point for turning sales from trucks to cars. Ford and GM have religion in this now and are furiously shuttering some plants and retooling others. They are doing this by drawing on whatever reserves of cash and credit they have left - quite literally they are gambling the futures of their companies on this change. They have one shot, they've got religion about it, and they're taking that shot as I type this. Mulally's a believer, and Lutz is oozing all the passion of a new convert, pressing GM's board even a year or two ago to keep the Volt program alive. (as an aside, in January of this year he was quoted as saying that if you saw $5 gas, you'd see a H of a shift to small cars... turns out he was frighteningly prescient
What does this mean? It means that at least Ford and GM cannot afford for fuel to dip much below $3.50 for very long.
Now that's ironic.
One hopes they aren't like that in person.
Autoblog reported that Ford figured $3.50 was the breaking point for turning sales from trucks to cars. Ford and GM have religion in this now and are furiously shuttering some plants and retooling others. They are doing this by drawing on whatever reserves of cash and credit they have left - quite literally they are gambling the futures of their companies on this change. They have one shot, they've got religion about it, and they're taking that shot as I type this. Mulally's a believer, and Lutz is oozing all the passion of a new convert, pressing GM's board even a year or two ago to keep the Volt program alive. (as an aside, in January of this year he was quoted as saying that if you saw $5 gas, you'd see a H of a shift to small cars... turns out he was frighteningly prescient
What does this mean? It means that at least Ford and GM cannot afford for fuel to dip much below $3.50 for very long.
Now that's ironic.
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