...heard yesterday they’ll concentrate on SUVS and trucks...
“heard yesterday they’ll concentrate on SUVS and trucks...”
Just like Ford announced earlier this year. The Sedan is no more for the Big three.
Ford said the same thing a couple of months ago. No more passenger cars. The MBAs at both companies have looked at marketing numbers and said "hey, we sell more trucks and SUVs that cars, we should just focus on them. Plus we make more on each one sold. Why do we still make cars?"
Of course now that SUVs and trucks are all there will be, anyone wanting a passenger car will have to go to Chrysler, Japanese or Korean. They likely won't say "I was going to get my new driver daughter a small car but GM stopped selling them so Ram truck with a hemi it is for her!" They'll get a Toyota. So I predict GM lose sales instead of monopolizing the remaining passenger car market picking up former Ford car buyers. Ford too, for that matter.
Now keep in mind the next time oil shoots up they won’t be able to give them away. They simply refuse to build good cars anymore and produce over priced crap.
Honda builds the Civic and Accord and makes money. Toyota builds the Camry and Corolla and makes money. Throw in your other Japanese and Korean companies and they all make a nice car and make money, why? UNIONS.
GM should have went into chapter 11 and reorganized and jettisoned the UAW in 2008, but Bush and Obumbler wasn’t having that.