News From the Auto Industry

May 21, 2007

Financial prudence: why is General Motors still paying a dividend?

Filed under: New Car Models — Administrator @ 2:55 am

In United States of America; American families and small businesses are not the only ones that are hurt by high oil prices. The U.S. automakers are getting killed by Japanese automakers with more efficient and fuel saving models. Toyota has already snatched 17 percent market share over last year from the U.S. automakers and Honda motor Co. has just reported its fourth-quarter profits in 2005 were more than doubled that of 2004. What does all this mean for the future of America?

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