Quote:
Originally Posted by Azure
That is a bunch of crap. GM is making stuff people clearly don't want. That, along with poor business practices, AND a slow economy is why they are going under.
So let them go under. We don't need them. Nobody ever said this cycle was going to be easy. Suffer for the short term to fix things for the long term. Simply throwing billions at a company that is going to go under anyways is pointless. And generations down the road our children are going to pay for our government's stupidity.
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Well, GM still sold 126K vehicles in Feb 2009. That's 30% more than Ford, and 15% or so more than Toyota in the same month...no one holds a gun to those 126K+ people every (and I am sure that Feb 2009 was probably the slowest month in the past couple decade) month.
This has been covered previously, with such large scale production, the Big 3 have the worst union deals of them all, and that factor alone ie 40% more production costs then the Japanese counterparts, are and have handcuffed the companies...with the scale so large, plant closures or retooling takes 6-12 months to work out details to make sure the unions are satisfied.
With large scale production the suppliers that supply Gm with parts will also go under...those same suppliers have a share or the other Big 3 and Japanese sales, and they'll suffer too.
There is no easy or simple fix to the mess.