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Originally Posted by Jas29
sorry for going off topic but do any of you know what the books name is that FenwickHockey65 mentioned
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Car Guys vs. Bean Counters: The Battle for the Soul of American Business
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Originally Posted by 8cd03gro
I disagree, big time. GM for example, posted it's highest profits ever, at that time, in '96-'97. The late 90s were great for GM. A decade later they go bankrupt. It was a plummet in sales and profitability into massive debt and liabilities. That very well may be the future of Toyota, but it's too early to tell.
Ford hit trouble a bit earlier on, but still had massive growth and all-time highs through the 90s followed by drops in sales and terrible troubles in the mid-00s. |
Selling a ton of trucks & SUV's can make a car company profitable, but that doesn't mean that the company is healthy.