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Old 06-01-2009, 11:20 AM   #13
TheSixthHokage
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Re: GM getting ready for bankruptcy

GM was caused by American protectionism since the 1950's in regards to delivering the North American market to the "Big Three," Ford, Chrysler and GM. Anyone who has analyzed this industry knows unlike Germany or Japan, America has not streamlined or modernized its production capacities as effectively, the American auto unions ask for way more than their competitors and these 3 companies haven't paid as muchattention to the global consumer. You reap what you sow.
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