Great article on why I think auto makers should use quality made parts and not the "China cost" parts no matter where they are made.
I think if more consumers read articles like this it going to get harder for them to buy into the Global economy B.S.
The older cars are starting to better and better all the time.
I really don't want to Chrysler/Jeep picking up speed sliding down. at some point a turn around won't be possible.
http://ift.tt/OIjqrU
I think if more consumers read articles like this it going to get harder for them to buy into the Global economy B.S.
The older cars are starting to better and better all the time.
I really don't want to Chrysler/Jeep picking up speed sliding down. at some point a turn around won't be possible.
Quote:
....... Crisis Origins The origins of the crisis engulfing GM go back 14 years. Back then, GM made most of its money selling big SUVs such as the Chevy Suburban and offering home mortgages through its GMAC lending arm, according to Keller. As the 1990s SUV boom faded, the company's net income fell from $6 billion in 1999 to $601 million in 2001, according to data compiled by Bloomberg. GM at the time produced small cars on the cheap to meet federal fuel-economy regulations. The company lost money on each one. Building a compact car off a single global platform could have changed that. Stamping out millions of similar models would've created economies of scale to allow the automaker to turn a profit on a $12,000 car, the people said. ..... |
http://ift.tt/OIjqrU
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