Carmaker Survivor

Daniel Akst, in the NY Times (free registration required), tells Ford and GM that promoting fuel-efficient, low-emissions vehicles is one of their few options for becoming profitable anytime soon, given low-cost competition from China. When Bill Ford became CEO a few years ago, there was some hope that Ford would move in that direction, but Ford has instead brought out ever more bulky ATV pretenders, and even the prospect of bankrupcy may not be enough to make them change their ways.