Home | Contact | Login
Find eco products and services e.g. solar hot water, house hold items and more
View photos and information on eco friendly homes or list your own eco house
Learn about sustainable living - info, events, news etc
Chat about sustainable living / eco living topics with other Ecobob users
Buy eco products online using our secure online shop

Search Eco Articles


 (Optional)

Category


Location

By Nature - we are proud to provide you with a range of stylish, ethical and eco-friendly products for your home, health, body and soul.

GM Closing 4 Trucks and SUV Plants

Monday, June 09, 2008
The plate tectonics of the transportation sector are shifting and the new landscape is starting to become clearer. The change is particularly obvious in the US where fuel prices have been relatively low compared to most of the rest of the world for a long time.

But the latest stats by the Federal Highway Administration don't lie: Americans are driving less. They're also buying more compact cars and hybrids.

Big Changes at General Motors
Another big sign of this changing world is GM's announcement that it will close 4 big SUV manufacturing plants and is thinking about selling its ailing Hummer brand.

The company doesn't seem to be burying its head in the sand either: “We don’t believe it’s a spike or a temporary shift. We believe it is, by and large, permanent,” said GM chairman Rick Wagoner.

Lets hope they learned from their $51 billion loses over the past three years and are really serious... Even in China.

Click here to view the full article