Buffalo Boy's Blog
Giving You More Than Just My Two Cents
GM And US Automakers Dug Their Own Grave

I got home today and saw this little news piece and honestly, I have been saying this for months now, GM and US automakers have dug their own grave.
Toyota, Honda, Nissan, Volkswagon, Kia and every other foreign auto maker deserves full marks for staying ahead of the curve and being prepared for this rise in fuel prices. Toyota always has had a fuel efficient line dating back to the Tercel. Meanwhile, GM, Chevy and Ford have still been sitting here promoting trucks, trucks, trucks. The cars in their respective fleet that they say do get good mileage are between 20-30 miles per gallon, meanwhile the foreign makers are already at 30-40 and higher with their hybrid lines. So to see GM looking at possible bankruptcy, oh well. They should have seen this coming since 9/11. Gas prices have been on the rise since then and people have been gradually making the decision to make the switch. The first hurdle was the $2.00/gallon mark. Once it hit that GM and the other US makers should have been all over the gas mileage in their fleets. Instead they kept selling the big gas guzzling monsters. So, go ahead, get comfortable, the US auto industry is on its last legs.










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