DETROIT - Talk about an awkward position: General Motors, under pressure to be profitable and start selling stock again, is benefiting from relatively cheap gasoline. But in a few weeks, the Detroit automaker launches the 40-mpg Chevrolet Cruze, then this fall the electric Chevrolet Volt - of which ultimate success could easily hinge on high gas prices. "That's perverse," Joseph Phillippi, a longtime industry consultant, said of the small-car situation. "I say perverse in the sense that we want...
Full Story: The Providence Journal
