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and I was expecting a push for nationalized health care based on cries from the automakers, but they haven't come yet.

you are the media you consume.

by MillMan (millguy at gmail) on Wed Jul 2nd, 2008 at 02:42:41 PM EST
[ Parent ]
The big U.S. steam locomotive manufacturers are all out of business today.
ALCO survived the longest possibly because it had a joint-business venture with GE to produce diesel electrics. GE begun selling locomotives itself in 1956, but ALCO kept making diesels well into the 1960s.

But all in all, the steam locomotive builders were unable to change quickly enough to diesel locomotives to be competitive and some even tried like Baldwin and ALCO. Why will gasoline automobile manufacturers be any different?

GE still builds diesel electrics. Ironically, GM sold Electro-Motive Division (EMD), the second largest locomotive builder, in 2005 to the private Greenbriar Equity and Berkshire Partners.

by Magnifico on Wed Jul 2nd, 2008 at 02:59:34 PM EST
[ Parent ]

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