Porsche is one of the few automakers that understands subtraction as a way of improving a car. Case in point, the Boxster Spyder.

Most automakers announced December sales figures today, and once again the news is dismal. However, the annual declines are what deserve our attention. GM and Ford haven’t seen sales figures this low since the late 1950s and early 1960s, respectively. The General realized a 22.7 percent decline in sales for 2008 vs. 2007; Ford notched 22.8 percent, however that factors in Land Rover and Jaguar, which were sold to Tata Motors in mid-2007. [Full data from Automotive News]

They’ve got the world on a string

Yesterday’s overview of the upcoming L.A. Auto Show might have sounded a tad too enthusiastic. Apologies. The reality is that the show is a reflection of the dire situation automakers find themselves in, only it’s representative of a few months ago with the exception of GM’s recent cancellation of its press conference and display of anything significant.