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Old 08-30-2005, 09:38 PM
Russell Russell is offline
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Default Re: This is not a good business plan

Agreed but that's better than losing $15k+ on the vehicles that aren't selling. In fact, Toyota not too long ago hinted at buying GM!

The only thing GM (and even Ford) sells well is the trucks and SUVs. Given the high gas prices these days the outlook doesn't look too good for the Detroit giants. To make matters worse many analysts are speculating that the gas prices will go up to $100/barrel.

But look on the bright side, hopefully there will be fewer ghetto, monsterous SUVs and trucks to cut you off on the road
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