Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Well shoot Wild..if that's the case let's give Toyota the money..they planned right and can probably do it for less money. I know Toyota is foreign owned, but they have plants here and do employ US people and their mgmt seem to have the right vision as waiting lists for the Prius grow bigger and bigger.
Thats the reason they wouldn't do it. National pride, self interest and all
Both Ford and GM have old stodgy codgy Mustache Petes as engineers who gave us boring cars, and worse than that, they over-produced them year after year after year.
Every year, the rebates got bigger and bigger, and then there were rebates with "cash back" and then rebates, cash back and "customer loyalty bonuses" and then rebates, cash back, customer loyalty bonuses and "we'll pay off your trade-in even if you're upside-down."
On top of that, both are getting creamed by their retirees on health care.
There's no way GM and Ford can compete in the global market. As Chinese cars enter the foray, eastern European cars are right behind them.
That $50 Billion would be better spent, but the reality is that it's a lot of votes, so just kiss it good-bye.
agreed, the biggest problems facing the big three are Legacy Costs. when times were good, they were handing out lucrative pensions and health benefits to their staff. now we have to fit the bill. much in the same way that our kids will have to fit the bill for iraq and the irresponsible monetary policy which multiplied our debt
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
