Today is getting to be crazy . Many are looking at or buying smaller vehicles , but, they have their problems to . Can't carry as much or as many . Don't hold the road as well in winter conditions , or even wet roads. Don't have as comfortable a ride as the bigger cars . Hybrid and or alternative fuel vehicles are being developed or experimented with , although , at least a couple years off or longer . Firefly Energy - http://www.fireflyenergy.com/ is developing a Better lead acid battery using carbon nanostructure as at least one of the plate assemblies making the battery lighter , but longer lasting and more powerfull , but not in to production as of this date . Lithium-ion batteries are being developed with great difficulty in making them safe enough especially for use in a road vehicle . And then we have the political and oil company roadblocks to hold things up , or totally block a sensible solution . Some tout Hydrogen as the eventual Fuel of the future but , again , more problems . And now a financial meltdown, which is slowing the car and other type of vehicle buying . This is killing the automotive manufacturing sector . The manufacturers are asking for government help , but , will it help ??

 Both G.M. and Chrysler went in to Chapter eleven bankruptcy protection , as of June 2009 , Chrysler has emerged with the support of Fiat

and the U.S. and Canadian Governments .  G.M. has apparently sold Hummer to a Chinese manufacturer and has sold SAAB

to a Swedish sports car manufacturer .

At this time G.M. is trying to sell Opel , which includes Vauxhall . Opel has some major plants in Germany , so , since the German

Government has been and will support Opel , the favored bidder is Magna ( a Canadian parts manufacturer ) , although G.M. appears

to be favoring another bidder RJ something from Belgium . The German government is not in favor of this bidder , because of the proposed plans put forward by them .

 G.M. may want to buy back at some time and it seems that Magna might not be interested in this .

On top of all of that , Magna has a Russian bank as a backer , which seems to scare G.M. .

Update - November 7, 2009 - G.M. has declined to go thru with the sale of Opel , apparently they are going to finance and run it themselves .

This has upset the German workers at least , because now everything is up in the air again , and  they do not have a share in the company

at this time , which was to be part of the deal as well .

For my main page - http://larryonly.50webs.com

 

    Updated June 17 , 2009