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Monday, June 06, 2011

GM's Akerson Eulogizes LIncoln

In an uncharacteristically (for GM) blunt statement, GM's CEO said

"They are trying like hell to resurrect Lincoln. Well, I might as well tell you, you might as well sprinkle holy water. It's over," he said about Cadillac's historical competitor."

He's right, of course, that Lincoln is struggling.  

But, he shouldn't be too proud of Cadillac--at 11,600 sales in May of this year, Cadillac is still well behind BMW (20,600) and Mercedes (20,300), and even Lexus (12,300).   

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