Quote:
Originally Posted by AdvisorGuy
I don't think the government is in a position to bail them out as in the 1980's. People need to realize that continuing to built 15mpg vehicles is gonna hurt them.
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I think that is an exaggeration. Sure their trucks are going to be that low but do you think every vehicle that they build is that low?
IMO, the problem is that they have been perceived to be lousy products. Ask any guy on the street as to whether he wants a Jap car or Chrysler for quality and many will say Jap. Also, their labor contracts are hurting them. It costs more for them to build a car than the Jap factory across the road.