Legacy costs are a major factor in GM not making a profit on its cars. Toyota and GM sold the same amount of cars last year. Toyota made a profit GM did not. japan also subsudizes their auto plants. if GM had no retiree pensions and health care to pay for they would do a lot better.
Right, that's the problem.
if GM had no retiree pensions and health care to pay for they would do a lot better.
Right ... if the Big Three hadn't become bloated and inefficeint they'd do a lot better ...
Here's the problem Ihave with their attitude ..
