Re: GM Bankruptcy Fears Rising on Wall Street
Dwayne Monroe wrote:
Typically, these sorts of stories are met with statements about Japanese autos being better built than American — routinely offered as the primary explanation for any US auto firm’s difficulties.
There’s truth in that observation but it may take us only so far. Although some automakers are doing better than others in certain markets, I wonder if there are, quite simply, too many vehicles chasing too few consumers across the globe able to buy.
Those aren’t incompatible hypotheses. There are too many carmakers, so the crappier ones take the hit.
Doug