Detroit Reaping the Consequences of Gas-Guzzler Business Plans

Offering consumers many more fuel-efficient vehicles should be at the top of those lists, says Walter McManus, director of the University of Michigan Transportation Research Institute's Automotive Analysis Division.

Published: 29-Dec-2005

General Motors Corp. and Ford Motor Co. have a lot of things on their financial-turnaround to-do lists in 2006.

Offering consumers many more fuel-efficient vehicles should be at the top of those lists, one industry researcher says.

New estimates of higher future oil prices by the federal Energy Information Association show that $2-a-gallon gas is here to stay, says Walter McManus, director of the University of Michigan Transportation Research Institute's Automotive Analysis Division.

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