Quote:
Originally Posted by DGthe3
Trucks and SUV's are what prevented GM from going bankrupt years ago. Gas was cheap and the vehicles were profitable. It would have been idiotic for GM to not do what they could to capitalize on it. Keep in mind, every small car they sold was at a loss, and if they sold less of them ... it would cost them even more. Now with their capacity and labour costs down to a more reasonable level this isn't going to be the case. But the fact remains that Americans bought well over a million pickups last year.
|
You said it right there. Times are very different then the days of high profit Truck and Suv sales steering a car maker. I was merely speaking from first hand experience that I saw when my buddy lost his dealership when gas prices went nuts. He told me it was do to the fact that Truck and Suv sales dropped deeply and he had to many that he had to sell at a loss. I know all about the glory days of high profit from SUV and Truck sales ,but like I said those days are gone.