Re: GM Deathwatch
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Penske at the helm of Chevrolet would be a dream come true, but it is not to be
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Penske's not that stupid. He bought Saturn, which could turn out to be the car company of the future. Small (small-ish) cars that are fuel-efficient with a motivated workforce. He's one shrewd businessman who sees a potential profit from what is probably the wave of the future: small economy cars. Yes, most of us here like pickups and SUVs and can't see ourselves in a Prius, but oil will only get harder to extract and more expensive, especially as the emerging economies of India and China, etc., demand cars and air conditioned homes as they work themselves up out of third-world poverty. I wish it weren't so but I think Penske sees the future in small cars and thus wrote the check. I hope he succeeds.
Oh, and Wangers in charge of a new, independant, smaller, performance-with-economy-oriented Pontiac would make for a nice dream too!
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