GM just needs to innovate
Is Kirk Kerkorian's move for $28 million in GM shares, "Just what GM needs Needs"? That's the headline of BusinessWeekOnline this morning. Obviously, GM has some serious financial issues that Kerkorian's move could help shake out, such as Union concessions, selling off its financial arm, or closing a few factories.
Still, I say poppycock. GM needs to do just one thing, innovate.
Just 10 years ago, most hadn't heard of the Internet, and E-mail was used only by geeks. Technology is advancing beyond comprehension, and as Mr. Bill Gates has recently advocated, technology can change the auto industry.
Hybrid cars are the greatest real-world automotive innovation in decades and the electric portion of these vehicles utilize the kind of technology that is going to advance rapidly in the next decade. Toyota believes hybrids such as its, Toyota Prius and Highlander hybrid will evolve into fuel cells.
To discount hybrids is to discount Toyota and the financials speak for themselves on that one.
Still, I say poppycock. GM needs to do just one thing, innovate.
Just 10 years ago, most hadn't heard of the Internet, and E-mail was used only by geeks. Technology is advancing beyond comprehension, and as Mr. Bill Gates has recently advocated, technology can change the auto industry.
Hybrid cars are the greatest real-world automotive innovation in decades and the electric portion of these vehicles utilize the kind of technology that is going to advance rapidly in the next decade. Toyota believes hybrids such as its, Toyota Prius and Highlander hybrid will evolve into fuel cells.
To discount hybrids is to discount Toyota and the financials speak for themselves on that one.
Labels: electric cars, fuel cells, GM, Highlander hybrid, Hybrid Vehicles, prius, toyota
posted by Dahcredyns at
5:48 AM
0 Comments:
Post a Comment
<< Home