Monday, November 21, 2005


Two different news in vehicle industry hit me today. The first one says GM will close many facilities in North America which results in 173,000 job cut including its plant in Oshawa. There has been news about huge loss of the three giant vehicle manufacturer of the US, Ford, GM and Chrysler in last few month, partly because of high gasoline price.
Meanwhile Chrysler confirmed a new $768 million investment in its Canadian facilities including Windsor, expanding a paint shop in there.
So what does these two different stories indicate is what I have no clue!

1 comment:

Antonio Hicks said...

Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.
Douglas Adams- Posters.