Skip to Content

bo-andersson


Expensive gas worries GM purchasing chief

It's no secret that the auto industry's most profitable vehicles are also the hardest hit when gasoline prices climb past consumers' comfort levels. Bo Andersson, the man behind GM's purchasing decisions, says that the tipping point currently hovers around $3.30 a gallon. At that price, sales start to slow, causing a world of hurt for GM and the other automakers. But, he pointed out another rising cost which hurts the industry: shipping. As the auto market shifts towards sourcing parts from all over the world, the rising cost of oil is raising ... Read more →

No Content Style Defined.

Featured Galleries

  • RWE's Smart Ed
  • Smart Ed
  • Battery electric Volvo C30
  • Aston Martin Cygnet
  • Rinspeed UC?
  • BMW Concept ActiveE
  • Kepler Motion
  • Toyota Prius PHEV
  • Audi A1 teaser
  • Toyota Hybrid Concept Teaser
  • i-MiEV
  • Smart Ed and B-Class F-Cell

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum