Jump to content

Big 3 can afford raises per Yahoo Finance


pmooret

Recommended Posts

"Both automakers have stopped cranking out millions of vehicles at a loss and focused only on products they can make money on."

 

This is the reason the companies are far more profitable today. I wish everyone would stop blaming labor cost and saying the industry is cyclical. If you manage and market your products towards what the consumers want, then there should never be a big drop in revenue. The population in this country is growing and people need cars.

Link to comment
Share on other sites

What the consumers want at $1.50 a gallon is not what they want at $4.50. If markets could be perfectly predicted we wouldn't have recessions. Ask a few Nobel Economic Laureates how hard it is model the market. We will always have cycles in this industry. Hopefully, they are getting better at managing them but we will see. How are hybrids looking after years of growth?

  • Like 1
Link to comment
Share on other sites

What the consumers want at $1.50 a gallon is not what they want at $4.50. If markets could be perfectly predicted we wouldn't have recessions. Ask a few Nobel Economic Laureates how hard it is model the market. We will always have cycles in this industry. Hopefully, they are getting better at managing them but we will see. How are hybrids looking after years of growth?

That's my point, in the past they would've kept pumping out hybrids, like they did trucks and suvs, even though they weren't selling.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...