Friday, August 18, 2006

One small step for GM..

I was pretty harsh on GM last year ('Dead Man Walking'), but I am very gratified to see they have redesigned their smallest offering, the Chevy Aveo, to make it more competitive and improve the gas mileage. The older model, which only lasted 2.5 years here, was tiny in size but got rather blah gas mileage and was not competitive with the Toyota Yaris or Honda Fit. GM still has a lot of work to do, and they won't make much money off these, but I'll take this as a sign that they are waking up.

I'm still not a fan of the stock, though I do like their CFO, Frederick Henderson. Maybe if they let that guy run the show..

USA Today: GM improves fuel efficiency with new Aveo.