Quote:
Originally Posted by Particle Man
so we've established that the sales aren't the problem then (almost)... so we're back to the fact that they're pissing away their $$ paying someone a ton of money to do less work than the average fast food worker...
|
IMO it's 4 things:
Legacy healthcare costs for retires.
High Union Wages
A constriction on their credit lines from the financial melt down
Fewer people are buying cars ( from what I hear, a lot fewer)
I'll also say their build mix of big cars/suv's vs small cars was wrong for $4/gal gas. We'll have to see how scaring that was to car buyers.