Could Toyota Buy General Motors? For a Stronger USA?

gmtoyota.gifThomas Friedman has a rather interesting Op-Ed piece in the New York times where he suggests that Toyota should buy General Motors. I have no idea if any such thing is remotely on the table, but the points he makes are quite thought provoking and pertinent to sustainability. The basic premise is that shortsighted management at GM (largely toward fuel economy) is the main culprit in the company’s currently dismal financial condition.
A buyout by, say, Toyota (soon to be the world’s largest car company) would bring new thinking to American automaking, massively boost hybrid technology, and move a “geo-green” agenda forward that would ultimately “strengthen the dollar, reduce our trade deficit, make America the world leader in combating climate change and stimulate U.S. companies to take the lead in producing the green technologies that the world will desperately need”. Read the rest at NYTimes.com.

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He worked for TreeHugger.com, managing the technical side of the publication for 3 years and has also been an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.