Friday, April 27, 2012

Can the new Chrysler compete with car manfacturers such as Subaru, Ford and Honda?

Chrysler just reported a strong first quarter.

They reported strong sales of their brands:  Grand Cherokee, Dodge Durango, S.U.V.’s and the Chrysler 300 and 200 sedans. These vehicles probably use a lot of gasoline and while Chrysler may have increased their cars fuel efficiency and overall reliability these are still large vehicles.

Chrysler may have just made a big comeback from bankruptcy , but did they make the right decision to keep in making these types of vehicles? Perhaps they would have been better off creating and manufacturing small fuel efficient cars that were more affordable and made to sell to the general public.

Many of us recognize that in this economy we need to be careful with our purchases and be better stewards of the environment.

Which means that we are going to be looking for cars that are fuel efficient, durable and economical.

Will these cars be able to compete with the high fuel efficiency cars being made by Honda, Ford and Subaru?
Will they be made to last? Will they be reasonably priced?

Thursday, April 26, 2012

In response to Chris's question: “Should Criminal Penalties be brought against BP executives?


I am not sure that we will ever see criminal penalties brought against the BP executives, if we could single out which executives were responsible, then I believe that we should bring charges. 

But I do believe that the BP should accept full responsibility for the damages that have been inflicted on the Gulf of Mexico and I don’t believe that the penalties that have been placed on them so far will ever be enough.

In a recent article in the Houston Business Journal, dated 4-23-12 the writer: Oliva Pulsinelli stated:
“Oyster shells like this one, collected from the Gulf of Mexico after the Deepwater Horizon oil spill, have been shown to contain higher concentrations of three heavy metals common in crude oil -- vanadium, cobalt, and chromium -- than specimens collected before the spill.”

I believe for years to come we are going to see more and more effects from the oil spill come to light.

Do you believe that the penalties BP is currently facing will provide enough funds to offset the long term effects to the Gulf of Mexico and its coastlines?