Unfortunately. The retiree benefits wouldn't be such an issue if the companies had maintained market share. In the case of GM, they have gone from over 65% market share to around 25% today and dropping fast. That means that their retiree cost are distributed to a lesser # of units produced.

You can't run a company with a quarter to quarter mentality or else you get caught when the market changes. GM and Ford have just focussed on trucks at the detriment of cars. And now due to higher oil prices, they can't give them away. That can happen once but this is the third time in the last 30 years.

On the other hand, Toyota has a 50 year plan first implemented in the late 70's. In that plan, they clearly target to be the largest auto manufacturer in the world. That must have sounded crazy in the 70's but it won't be for GM in late 2007.

TB

 

this country kills me. Let's put all are manufacturing outside the country so when people inside the country wanna buy it, they can pay more.

Let's send billions of dollars all over the world and let are country turn to ****.

I'm glad i'll only see 80 if i'm lucky because this country gets worse and worse every year, and the sad part is it's still better then living in 90 percent of other parts of the world.

I can see the guys point. The switch that's on his truck is the same one involved in the recall. So it doesn't matter what year it is, they put the switch on his truck and they should fix it. If it's 1/100th of a chance it may burn up, the fact of the matter is they know there's problems.

How would you like to know one of your kids died in a car fire caused by a switch that was recalled in other vehicles, but not in the one that caused the death.

Bogus.

 

eh? unfortunately we HAVE to send jobs overseas to keep prices LOWER for consumers. foreign labor rates are 1/10th what we pay US employees, so to stay competitive with everyone else who outsources many companies have to look overseas. this totally sucks but the United States of Walmart is where I still prefer to hang my hat

this would be a terrible $$$$ mass recall but surely not as large of a hit as some other recalls we've seen. they could phase it in slowly over say the course of a year by doing groups based on the VIN or something. i dunno.