Quote:
Originally Posted by ImBroke
It wasn't that long ago that these car companies were making over a billion a quarter. They can be profitable again, if they can look to the future instead of relying on the principles that got them into this mess. This should have been a wake up call, guess we'll see if they just roll over and hit snooze.
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Problem is that while they were profitable, they were steadily losing market share. This economy accelerated their demise a little faster. Sooner or later, it would have come to this. I mean, how can you continue to be profitable when you are losing market share on a daily basis?