General Motors just posted its third largest loss in 100 years.
Their aggressive strategy of promoting large gas guzzlers turned out to be a losing bet.
As Toyota's fortunes continue to rise, though they are based in a country with some of the highest fuel economy standards in the world, one wonders what a little bit of governmental regulation could have done to preserve jobs and the economic force of General Motors in this country.
References:
http://www.bloomberg.com/apps/news?pid=20601087&sid=avNFZcLvn_5A&refer=home
http://environment.about.com/od/fossilfuels/a/lighttrucks_2.htm
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