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My Little GTO is GFG

Long-time 3rd place auto maker Pontiac has decided to call it quits. The maker of iconic TransAm and Firebird cars, along with the (cough) less than interesting Aztek, Pontiac has lost market share to Toyota and others, and as of 2009, held the 12th place slot. Pontiac, named for the Michigan city where the company started and an 18th-century Ottawa Indian chief, found itself on the wrong end of G.M.’s government-aided bankruptcy restructuring. Combined with a lack of moving forward with today's market, Pontiac seemed to be living in the past. [more inside]
posted by Old'n'Busted on Nov 1, 2010 - 136 comments

Notown

China is the new Detroit. New car sales in the United States plunged more than 20 percent in 2009 to a 27-year low 10 million vehicles, less than the 12.23 million sold in China during January-November, making the Asian giant the world's largest car market for the first time. That marked a turning point in the global auto industry, which had been led by the Big Three Detroit companies since Ford Motor Co. began mass production in 1913, introducing the world's first conveyor belt system.
posted by four panels on Jan 8, 2010 - 20 comments

The Economist: The World in 2010

In 2010, Obama will have a miserable year, NATO may lose in Afghanistan, the UK gets a regime change, China needs to chill, India's factories will overtake its farms, Europe risks becoming an irrelevant museum, the stimulus will need an exit strategy, the G20 will see a challenge from the "G2", African football will unite Korea, conflict over natural resources will grow, Sarkozy will be unloved and unrivalled, the kids will come together to solve the world's problems (because their elders are unable), technology will grow ever more ubiquitous, we'll all charge our phones via USB, MBAs will be uncool, the Space Shuttle will be put to rest, and Somalia will be the worst country in the world. And so the Tens begin.

The Economist: The World in 2010. [more inside]
posted by goodnewsfortheinsane on Nov 14, 2009 - 60 comments

The Big Three? (Two? One? None?)

The first time as tragedy... Two of the three historic US' biggest auto makers (the other became a subsidiary of a German firm a few years back) just had their stocks rated as junk by Moody's, victims of a changing marketplace and demographics. Last time, Chrysler got a bailout from the US government, although maybe it would've been better if that hadn't happened. Would the Fed'rul Gummint step in again, or just let the dinosaurs' extinction proceed?
posted by alumshubby on Aug 25, 2005 - 71 comments

"Preserving the environment is a competitive advantage and a major business opportunity."

"Preserving the environment is a competitive advantage and a major business opportunity." So says Bill Ford, former chairman and now CEO of Ford Motor Company (replacing the ousted Jacques Nasser). An admirer of the ecology of Volvos and a "hardcore environmentalist," Bill Ford represents the hope of many with the planet's environment in mind. Can he really be for real? Whether or not, the news is good to hear.
posted by moz on Oct 31, 2001 - 17 comments

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