Thread: GM going bust?

Originally Posted by Texpat

Who predicted the price of gas would double in those three years?

Not many.

And if gas were back to $2, Americans will want bigger cars.

The preference is not for smaller, economical cars.
The economic reality dictates it.

All fair and valid points Tex. But the fact remains that most other car manufacturers correctly identified the market decades ago. And it's not as though high oil/gas prices are without precedent either - the oil crisis of the 70's srings to mind, and pretty much the exact same thing happened then as now.