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Article: At GM, we plan to be an automotive leader again
- Article from:
- Winnipeg Free Press
- Article date:
- November 24, 2008
- Author:
CopyrightCopyright F.P. Canadian Newspapers Limited Partnership Nov 24, 2008. Provided by ProQuest LLC. (Hide copyright information)
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The extraordinary impact of the credit crisis on U.S. vehicle sales has side-swiped the auto industry, draining companies' cash reserves. The discussion as to whether governments should help our industry "bridge across" the largest drop in per-capita U.S. auto sales since 1945 has ranged from insightful commentary to dogmatic diatribe. Not a few critics have opined on the past failings of the domestic auto companies, some offering it as their rationale for doing nothing.
While it hurts to hear the rehash of past problems (which must be acknowledged), some critics also wrongly dismiss the importance of the auto sector and ignore the change that companies like General Motors are making toward ...