Quote:
Originally Posted by FenwickHockey65
The quality on the other side of the Pacific is pretty much non-existent right now. Go to an auto show, sit in a Corolla, then sit in a Cruze. The fact that I went around a brand-new Sienna and pointed out numerous quality defects to a Toyota representative just shows how far they've sunk.
The point is that as of now, GM is making a profit on both trucks AND cars. The Impala and Malibu basically print money for GM at this point (which is why GM is so reluctant to redo the Impala, to my great irritation).
And anyone who expected light truck sales to drop is delusional. America will always need and want trucks.
But like someone said, depending on the profit from one product to cover the losses of another, in addition to relying on your finance arm for profit, does not make a healthy company.
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So do you have any info to support the idea that GM lost money on their 2.8m car sales in '96 while overcoming those losses with profits from their 1.9m SUV/truck sales?