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Re: Should the government bail-out include domestic automakers?
Quote:
Originally Posted by Mr. Clean
LenA, you've made a huge mistake in ASSUMING, that I have not been in your shoes. And I can tell you that we are not alone. Men in our demographic seem to encounter these circumstances with some regularity.
And those 25 years of industry experience have lead to to be able to state that...
Sorry LenA, but my bet is it was just an apple falling from the tree...
I still say let Chrysler go if they can't make it on their own. We've bailed them out once and they are back again. What part about operating a business for profit didn't they understand?
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How much do you know about the automobile manufacturing business model here in North America? Just curious.
Business has been rough for quite a while. Some suppliers have been getting "sustainability payments" from GM,Ford, Chrysler, and Toyota. I'm not sure about Honda or Nissan. "Sustainability payments" are company handouts to keep a key supplier out of Chapter 11 or worse. It contributed to Toyota's $336 million loss in North America last quarter. I wonder how bad this quarter is going to end up.
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Never argue with an idiot. They drag you down to their level, then beat you with experience.
Outside Sales, Out of work over a year and counting...
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