Tuesday, June 2, 2009

Wall Street Journal: How GM Lost Its Way...

Wall Street Journal: How GM Lost Its Way
Timid management and coddled workers couldn't compete with Toyota. A company with a cautious, slow-moving management and a union committed to defending ridiculous work rules won't have a chance of succeeding. Perhaps everyone remaining at the new GM will realize that. The rest of us can only hope for the best.

Goodbye 2000’s: The Ten Cars That Defined The Decade
Now that the calendar reads ‘2009′ and summer is upon us, we can already begin shutting the book on the first decade of the new millenia. All the cars that will be produced have either made it to dealerships or have half a dozen reviews already printed in some magazine collecting dust on your shelf.

The Fast And The Fuhrer: Own Hitler's Car For £5.5m
In Adolf Hitler’s estimation, the Auto Union D-type was up there with the Blitzkrieg – lightning fast in the 1939 season. Now you can own it but – schnell! – at £5.5 million you’ll be facing stiff Russian opposition...

G.M. - "Another 30 billion dollars of Taxpayers $$$, please"
Mr. Obama plans to tell the nation on Monday that he believes G.M. can be brought back from the brink of insolvency, even if the company looks almost nothing like the titan of old. But to get there, American taxpayers will invest an additional $30 billion in the company, atop $20 billion already spent just to keep it solvent.

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