[legion]

In the late 90's/early 2000's, Mitsubishi decided that the best way to increase sales was to loosen lending standards in its financing arm (sound familiar). Well, it only took a year or two before the excrement collided with the cooling device. Mitsubishi had been in a one-manufacturer slump when everyone else was selling cars like hotcakes. Now they are fighting for their survival. The union just gave HUGE concessions knowing that the plant would be shut down otherwise.

Hyundai being even more aggressive (i.e. stupid) with its lending will not turn out better for them...