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Snake Vargas · 10-10-2005, 12:04 PM

Do you guys know just how much GM down by? I can't remember where, but I read an article where they lose money on every car they sell anyway. Maybe that's not as bad as it sounds, somehow.. but is it possible that, as big as they are, they could be going down in a big way? It's not the first time a large company died - HIH Insurance and One-Tel in Australia; Enron and, um, Andersen (or whichever one it was) Accounting..? And MG/Rover, of course. Just saying that size doesn't equate to invincibility.

I suppose Saab has been dying for ages, now that I think about it. Cars are quite similar these days already so that relatively unknown niche makers have to fight hard.

10-10-2005, 12:04 PM	#7
Snake Vargas Fanatic Join Date: Sep 2005 Location: Sydney, NSW, Australia Posts: 1,201 Thanks: 0 Thanked 4 Times in 4 Posts	Re: GM sells Subaru stakes to Toyota Do you guys know just how much GM down by? I can't remember where, but I read an article where they lose money on every car they sell anyway. Maybe that's not as bad as it sounds, somehow.. but is it possible that, as big as they are, they could be going down in a big way? It's not the first time a large company died - HIH Insurance and One-Tel in Australia; Enron and, um, Andersen (or whichever one it was) Accounting..? And MG/Rover, of course. Just saying that size doesn't equate to invincibility. I suppose Saab has been dying for ages, now that I think about it. Cars are quite similar these days already so that relatively unknown niche makers have to fight hard.