The End of the Road

June 1, 2009By Andy RowellBlog Post 1 Comment

Within hours, the giant will be dead. General Motors will be no more. The world’s largest car maker will file for bankruptcy in a New York court room. With $176.4bn of liabilities – it will be the world’s largest industrial bankruptcy, the world’s third largest to date, after Lehman Brothers and Worldcom. The colossus of … Read More

Obama’s First Step on Fuel Standards

May 20, 2009By Andy RowellBlog Post 1 Comment

Years and years ago I sat in a meeting entitled “Talking with the Enemy” where a bunch of enviros sat down with leading corporate executives and talked about the topical issues of the day. One of the participants was the man from Volvo who talked about the company’s prototype vehicle the LCP 2000, that could, … Read More

Labour to Bump-Start Electric Vehicle Revolution

April 16, 2009By Andy RowellBlog Post

Elsewhere in Europe, politicians have introduced a scrappage tax, whereby consumers are given incentives to scrap their vehicles and buy a newer, cleaner model. Although the motor industry is trying to say this has major environmental benefits, any detailed cost benefit analysis – including the cost of making the new car – seriously calls this … Read More

Brown Promises to Go Green

April 8, 2009By Andy RowellBlog Post 1 Comment

Flush from his “successful” summit at the G20, UK Prime Minister Gordon Brown is now preparing for his next test: his budget in two weeks times. His room for manoeuvre is limited with the pot of money largely seen as being empty. Even still Brown is promising a green Budget month to kick start moves … Read More

An Industry on Life-Support

April 7, 2009By Andy RowellBlog Post

Who would be a car-maker these days? The days of excessive glamour, speed and size are over and numerous global giants are limping along on life-support. The Obama Administration may have forced GM’s chairman and chief executive, Rick Wagoner, late last month, but there are still rumours that GM might have to file for bankrupty.

The End of the Road?

December 12, 2008By Andy RowellBlog Post 1 Comment

It is over fifty years ago when the then Chief Executive of General Motors, Charles Wilson, famously told the Senate in 1953 that “for years I thought that what was good for our country was good for General Motors, and vice versa”. Not any more. It could well be the end of the road for … Read More

The $50 Billion Bail-Out

November 7, 2008By Andy RowellBlog Post 1 Comment

I wonder how Main-Street feels about this one. Even though millions of Americans are already outraged over bailing out Wall Street, they are now being asked to bail out Detroit too. Later this morning expect dismal third-quarter results from GM and Ford, estimated at $2 billion each, which will probably plunge the markets even deeper … Read More