Items Tagged With GM

Saving Ourselves from Ourselves
Written By: Casson Rosenblatt
2007-08-16 13:16:57
Most Americans inherently believe in the power of free markets. It is ingrained in us along with our sense of individualism. Even those who believe in "big government" are not necessarily in favor of elected officials telling citizens how to live their lives.

Yet with the growing awareness of how individual choices affect society as a whole, more and more legislation has been coming out that limits individual choice for the benefit of the larger public. Indoor smoking and trans-fat bans are just two examples. These bans met fierce opposition from many corners, particularly restaurants, since their businesses would be most affected. But the smoking ban, at least, has been a success for patrons, and there has yet to be a flood of restaurants going out of business because of it.

The 100 MPG Question
Written By: Taeho Lim
2007-04-26 06:13:25

Nine months ago, Popular Mechanics wondered aloud why the automotive industry couldn't develop a car that could get 100 miles to the gallon. While progressive-minded individuals have reached triple digits on occasion by mixing solar energy with a traditional powertrain, no automaker has taken the initiative to mass produce an eco-friendly and reliable model. The Honda (HMC) Civic compact came the closest of any 2006 gas-powered model with 40 mpg on the highway while the diesel-powered Audi (NSU) A2 and Volkswagen (VOW) Lupo 3L have reached 80 mpg, albeit with emissions that wouldn't measure up to EPA standards. With new EPA testing methods knocking down mpg figures even more for the 2008 model year, the future doesn't look too bright for anyone looking to reach the 100 mpg milestone in the near future.

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The Automotive Big Three: What Really Went Wrong?
Written By: Mark Bershatsky
2007-04-14 22:26:19
It is no mystery that America's Big 3 automakers are in critical condition right now, they have clearly entered uncharted waters. Foreign automakers, particularly from Japan, have weighed down on the Big 3's former stronghold on the global auto industry and are now posing serious threats to become the new leaders. Since 2005, net losses have totaled in the tens of billions for Ford (F), GM (GM), and DaimlerChrysler (DCX), while Toyota (TM) has crept up to being the world's #2 automaker and should soon overtake GM as the largest. The city of Detroit, once a proud blue collar city built on sweat and steel, has also felt the ill effects of the restructuring of its three largest employers.

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The Fed Fails to See GM’s Reality
Written By: Deborah Evans
2008-06-03 22:05:32
Two men spoke at the exact same time Wednesday morning. Both are well aware that their words have the ability to move the markets. One continued to reiterate that a rosy economic scenario lies ahead and defended his actions. The other acknowledged that his company’s once most profitable product line needs to be put out to pasture.

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Who Killed the Electric Car?
Written By: Michelle Haimoff
2006-12-11 15:36:20
Who Killed the Electric Car? is pretty much what you’d expect – a 90-minute infomercial about the electric vehicle crossed with a scathing expose of the evil oil and automotive industries.

The protagonist of the film is a bright-eyed redhead named Chelsea Sexton, who joined the marketing team for GM’s prototype electric car, EV1, fresh out of college. Other good guys include scruffy-faced celebrities like Peter Horton and Ed Begley, Jr., who you may recall from the Simpsons episode where he drives a go-cart powered by his own sense of self-satisfaction. In this cameo, he eulogizes the EV1 at a staged funeral for the car in 2003, where activists dressed in black placed flowers on the hood.

The film traces the history of the electric car, from its inception at the turn of the 20th century to its demise at the turn of the 21st. The main focus is the cars’ surge in popularity in recent years with the 1990 Zero Emission Vehicle Mandate, and its abrupt disappearance when the California Air Resources Board (CARB) modified the mandate, prompting car companies to recall and destroy all existing electric vehicles. Although there were waitlists for EV1s at the time of the recall, GM claimed that there was little demand, and EV1 drivers were prohibited from purchasing the vehicles, despite their best efforts.

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