Will Ford and GM Run Out of Gas in 2007? |  |
| Wednesday, 27 December 2006 02:42 |
December 22, 2006 - U.S. auto giants Ford and GM are headed into a tough year in 2007 and inattention to fuel efficiency is a big reason why. Analysts already are predicting that Ford will slip to No. 3 next year behind Toyota, home of the popular Prius and other innovative fuel-efficient vehicles. The picture for No. 1 GM is not going to be all that much prettier. In an article entitled "The Worst Stock for 2007: GM," the Motley Fool investment Web site notes: "...perhaps the only thing GM has going for it is a leading brand, with a 2005 market share in U.S. automobiles of about 23%. The problem is, that share has eroded steadily for more than 40 years." As the Motley Fool asks: Why has GM let Toyota run rings around it when it comes to fuel efficiency? ... If you want to understand how Ford and GM ended up in the soup they find themselves in now, just read this Detroit News editorial arguing against higher federal fuel efficiency standards. Some people will never learn! ... Hybrids aren't getting all the attention these days, check out articles here and here on the rise of clean diesel technology... Source: www.40mpg.org |