Quote:
Originally Posted by Cowperson
You're not just sending GM workers home. You're sending all the supplier workers home.
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Not sure about that. Automotive suppliers usually do not supply to just one manufacturer. GM goes down, Toyota, Ford, Honda etc sales go up, so their demand for supply parts goes up and makes up for the loss of GM. Not 100% of course, but I think we're at the point where past car sales are simply not sustainable anymore. Turns out not even Americans are rich enough to buy a new car every Christmas.