<VV> Interesting Article about GM, Bob Lutz in Time -- NO CORVAIR

[Steven J. Serenska]

There's an article in the 5/22/06 issue of Time magazine about the 
fortunes of GM that I thought this group might find interesting:

    http://www.time.com/time/archive/preview/0,10987,1194041,00.html

One particularly well-turned passage is as follows:

    Decades of downsizing have turned GM into a retirement home with a
    car factory in back. Every active U.S. employee supports 3.2
    retirees and surviving spouses, amounting to "legacy costs" of about
    $1,500 per vehicle and wiping out profits on all but the priciest
    models.

Enjoy.

Steven J. Serenska