Quote:
Originally Posted by peter12
Actually not completely true... More of the blame falls on those greedy capitalists.
The real reason is that they don't make that much money on their cars due to inter-brand competition. Turns out flooding the market with a bunch of cars that pretty much look the same is terrible for business. But still those GD union pensions, right?
http://www.econtalk.org/archives/200...n_the_mar.html |
This happens at every car company and yet some make money and some don't.