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Old 02-16-2007, 02:21 PM   #9
NJSPEEDER
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GM isn't actually in debt, they just haven't been making money from cars the last few years. but that is turning around quickly with their move towards mroe world platforms, stornger advertising campaigns, and constant market introductions.
GM has literally billions of dollars saved for acquisitions and technology purchase. GM has made tons of profit as a "parent" and technology firm for companies like ac delco, bosch, borg warner, and many others.
GM is still responsible for the largest percentage of vehicle parts in the world and there is not a single car company on the planet that doesn't buy something from GM.

chryslers problme is the result of the benz-izing of too much of their product line. on average the mopar family used to have the best average value and best value retention by pecentage for their vehicles. that all changed since the MB merger when it was somehow decided to put profit margain ahead of total sales.
not usre where the decision came from, but i would think it had a lot to do with the price that many financial experts considered over-paying for chrysler.
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