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Re: GM "Lost the Bet" on Lower Fuel Prices
Quote:
Originally Posted by PhishPhood
The entire investment in TX is about one month's profit....and it's not closing. Since they have no pressure to make money or close down it may take 10-15 yrs to recoup the $1.3 Billion instead of 5-7 yrs. The Tundra/Sequoia remain small niches but maybe the Tacoma is moved from CA to TX and the Nummi plant starts building Prius' instead.
There's already talk about moving the trucks out of Princeton and replacing them with Camry's.
It may end up that all the trucks are made in one plant in the center of the truck market. All makers were blindsided by fuel jumping to $4.00 and showing no signs of going down. Now all makers have to adjust on the fly.
Interesting times these.
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So, recouping the cost of a poor decision is all that matters? Don't you think GM has recouped the retooling costs by now? I do.
Note the bolded portion. Now answer me why the article is aimed only at GM.
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2005 Chevrolet Equinox LT FWD - Silver - Mine
2008 Saturn ASTRA 5-door XR - Sandstone - Hers
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