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Posted

Interesting figures on automakers' profitability in NA, from CNNMoney.com. To view the article, click here.

I hope Nissan's $2,135 profit per vehicle, vs. GM's loss, won't give the Kerkorian-York-Ghosn team more fuel for the fire.

Posted

The probably subsidize CNN too..............naw........Im just paranoid

Its always great to go where you can find some minimum wage workforce living in trailor parks to get the job done for you. Then after you pat their company on the back for success, you can turn around and mumble "white trash" as you walk past their workforce.

Posted

The numbers are bogus anyhow. If GM started producing cars in America in the last 2 decades in this country and could cherry pick "right to work" states offering incentives to build plants, they would easily be doing as well as any Japanese automaker. Likewise, had Japanese makers built their factories in this country in the 50's, and had years of union committments to uphold, they would have trouble doing better tham GM.

Gm's in a deep hole. They are behind Chrysler in turnaround, because Chrysler basically could fall no lower in the mid-nineties. Even though Ford looks better in this article, we all know that Ford is in deep kaka from which it may never emerge. But the way out is to focus on product that sells and get more customers.

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