G.M. to Cut jobs sell Hummer

[Mark IV]

Originally Posted by Cobrabill

The last innovative thing GM did was the Corvair.

And look how well that turned out for them!!!

Us manufacturers built what the public here wanted, import manufacturers built what sold elsewhere in the world and sold it here in smaller numbers until events caused a greater demand. Were GM and Ford wrong when they had very profitable trucks rolling off the lines to waiting customers? No, but were they wrong to beleive that business model would last forever? Yes.

Much of US business is short-sighted looking only at the quaterly profits and what Wall Street says about them. Auto manufacturers have routinely stolen next quartres business with incentives to pull sales ahead and "we'll worry about next quarter when it arrives".

They are the equal of crack addicts, they have addicted the buying public to expect massive incentives. They are hooked and the only way off is cold turkey.........................it won't be pretty for a while but it will be the only way out.