SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandintoes who wrote (2693)12/6/2008 10:10:50 AM
From: Sedohr Nod4 Recommendations  Read Replies (1) of 103300
 
I have not felt sorry for the U.S. auto industry for at least 30 years...The tipping point for me came during the late 70s when all you could hear was about the excess inventory on the dealer's lots. Whining up a storm over their situation was a nightly news event. Anyway, shifts in the currency exchange rates gave the big 3 a 6-7% competitive pricing edge over the Japanese imports. I was fool enough to think that was a great opportunity to move U.S. cars, but nooooo, the bastards raised prices to match the exchange rate increases....screw 'em.

Their flawed business model is and has been destined for failure for decades....I couldn't last a year, if forced to continue to pay past employees wages and benefits for life. Few companies could and none can doing so for eternity.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News