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Fortune ranks GM's PUMA as #1 business blunder of 2009 [w/POLL]


PUMA - Click above for high-res image gallery

Someone at Fortune noticed that 2009 is now officially half over, and thought it was a good time to look back and pick out the absolute dumbest business moments of the year thus far. Screeching in at 35-mph is the GM PUMA (aka, the Personal Urban Mobility and Accessibility Project) that the General debuted with Segway just before the New York Auto Show. Fortune called the vehicle "ridiculous" enough to beat out Treasury Secretary Tim Geithner's non-detailed plans to loosen up credit, Tropicana's botched bottle redesign and those $200,000 season seats at the new Yankee Stadium.

Fortune's declaration begs a question: do AutoblogGreen readers agree that the PUMA is so absolutely terrible? It might not have been the best decision, but was it really worse than that $35,000 toilet installed for Merrill CEO John Thain?

Is the PUMA the worst blunder of 2009 so far?



Learn more about the PUMA (and see a video) here.


[Source: Fortune]

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