Re: Bankruptcy attack?

Steven L. Robinson wrote:

But don’t the competitors in Germany and Japan have high labor costs as well? Isn’t Mercedes owned Chrysler doing better than the big two?

More the other way around - Chrysler is dominated by Mercedes - and yes they’re doing better than the other two. And the European and Japanese companies are doing better than Ford and GM. I don’t know enough about the auto industry to explain why, but it sure looks like Ford & esp GM are fucked.

One Response to “Re: Bankruptcy attack?”

  1. Hans Says:

    here you’ll find an explanation of the German export industry.

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