Quote:
Originally Posted by NJSPEEDER
That is exactly part of the problem that I have with the hard time that the Big 3 are getting in securing help. The finance companies have been handed a blank check and it has been given freely. The auto manufacturers ask for a loan and the government is acting like it is some horrible thing.
The financiers need a reality check.
-Tim
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This is a stab in the dark, but perhaps other industries are more profitable than auto industry, as indicated on this chart.
Don't kill me if I'm wrong. And I'm aware that the chart is old but I doubt it changed much.
Also question to anyone, the most recent FORTUNE magazine states that GM has operated in a negative since 2000, is that true?