Quote:
Originally Posted by zebra
did he really just compare the Big 3 to BMW? Detroit's auto makers are in the business of selling vehicles to everybody, not just the ones who can afford high-end luxury vehicles. that means lots more cars have to be sold in order to recoup the costs of extensive R&D, safety engineering, emissions, and economy standards. selling lots of $50k cars will keep you in the green easier than the same number of $20k cars.
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True, BUT BMW also spends more on those vehicles, profits are higher on the BMW side but they arn't lauging all the way to the bank as if they stole money from consumers.