Why Squared

Wednesday, March 22, 2006

GM offers workers up to $140K to leave

GM, Delphi, UAW set deal for troubled automaker to cut costs - Mar. 22, 2006

This is a further indication of the declining economy in Detroit. It's an unfortunate circumstance, but really, it's to be expected. After all, few are excited to buy a domestic vehicle anymore. Muscle-cars are out because gas prices are sky-high, so people want quality and style more than horsepower.

Consumer Reports recently picked the top cars for 2006 and not a single spot was awarded to American cars (although some of the models chosen are American made).

Safety doesn't seem to be nearly as much of a factor...3 of 5 Gold Medals awarded by the Insurance Institute for Highway Safety went to domestic vehicles. Admittedly, the silver's are predominantly foreign...only 1 of the 8 silvers is American.

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