How Long Can G.M. Tread Water?

Asks Danny Hakim in the NYT. Very recently at a small event, GM North America President Gary Cowger was asked about the threat to GM from Toyota. He admitted that Toyota is gaining on GM worldwide with very good products. He pointed out that Chevrolet and Cadillac are doing very good business, and he hopes that picture at Pontiac will change after sales for G6 pick up and the Solstice is launched. He also admitted that the product line at Saturn needs a radical change, and there are still many problems with Buick. Overall, all is not well as it should be.

P.S. Check out also GM FastLane Blog.