Quote:
Originally Posted by lendaddy
So he should have jettisoned the only profitable lines and focus on the lines that have historically shown little to no profit?
I'm going to have to disagree.
BTW, what line is selling and making money off small commuter cars? There is a reason the Toyotas and Hondas have gotten bigger and the only players in the commuter market are Korean slave labor jobbies.
|
Well, they aren't very profitable these days. I would substitute
transitioned for jettisoned. Little or no profit sounds good these days. Do all companies have to work for the good of the stockholders while not working for the good of society? Look at the stock now.
And, if you see how the Toyotas, Nissans and Hondas have gotten bigger, that's going to be their Achilles heel. They are still foreign companies, I don't care how much they manufacture here. They had to come here to pare down the transportation costs, but they still ship parts here and take the profits home.
I'm not ignorant enough to tell you that every nut and bolt, plus the finished product can or will be made in Detroit, but I can tell you that while the Giant was sleeping, David came in and has all but delivered the final and lethal blow. Let's make this a real sci-fi story and pretend the Giant gets smaller, faster and harder to defeat.
Old School Wagoners who have been with the company for ages are just so much dead meat on the bone. Let's get to the bone.