Is that why Toyota had a loss in 2008, as well?
I know your point Scott, but I disagree that they've got to be in
> everything. Most markets, maybe, but not all. GM did a pretty good job > of
> covering most markets over the years, but they alienated so damned many of
> their customers that it finally caught up with them.
>
> --
>
> -Mike-
> snipped-for-privacy@alltel.net
Everybody had a loss in 2008. GM actually did a little bit better than most if you ignore the massive losses that GMAC incurred. The problem with GM is that they've been having progressive issues going back to the 1970s that they don't deal with, so when we get to a point in time when everyone is having trouble, they aren't as easily able to deal with it as some of their competitors.
Admittedly, Chrysler screwed themselves by taking over Benz, another ill conceived merger that did nothing but harm to both parties involved. So stuff like that makes GM look a little better in comparison.
--scott
you have it backwards.
I think you got that backwards. Benz took over Chrysler, used them to improve their own quality and then dumped them. Capitalism in action.
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