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Re: Saving General Motors
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Originally Posted by markusername
Maybe I'm mistaken but are not Honda and Toyota making Billions in PROFITS in the EXACT same market that GM is? Do gas stations charge Civic owners only $1 per gallon? Do Camry owners home values go up instead of down because they own a Camry?
Your right it's not GM's managements fault for losing money for years, losing market share for years, stock price being at a 33 year low....etc... Its the fault of the weather, the media, the tide, etc...
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If your government pays for healthcare, you don't have legacy union costs, and your factories are built with significant tax breaks from state government, then you have more money to plow into R and D which allows your product to be more competitive. GM has been building cars at a cost disadvantage for a long, long time......it's a wonder the crisis has been averted this long. I don't think the problem is that hard to understand......it's the solutions that are complicated.
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