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And with a 42.3% rise in the number of private buyers piling into the car market, it became clear that consumers had been taken in by the UK industry's savage price cuts during 2000.
BBC: Rover 75
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Consumer satisfaction ratings for EVs are through the roof, and car of the year awards for EVs have been piling up like a junkyard full of gas guzzlers.
FORBES: 'Dying' EV Industry Set for Growth
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So in September, when U.S. car sales slowed and Chrysler's inventory began piling up on dealer lots, rather than keeping the factories humming and then boosting discounts to move the excess vehicles--a strategy that drove Chrysler into deep financial trouble in 2006 and at other times in its history--Nardelli decided to shut down six factories until the glut disappeared.
FORBES: Magazine Article
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Today, an estimated 125, 000 cars travel daily in each direction with 250 more cars piling on every day on roads that haven't been widened in decades despite the rising car population.
FORBES: Bombay's Bridge Over Troubled Traffic
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GM--its market share dropping like a heavy molecule, its bonds near junk, its vehicles piling up in dealer lots-is making its single biggest research bet on developing a hydrogen-powered car.
FORBES: Magazine Article