Let me continue my previous post. The China car market will be a godsend to all the US manufacturers, as it provides a busy and profitable new market for the many car makes.
Look for a resurgence of imported cars, and a continuing trend of weakness from GM and Chrysler, since they make expensive and poorly built cars, and are managed by the union and the government. When UAL was bought by its union, the Union president said they were not going to kill the golden goose, just strangle all the golden eggs out of it. Sure enough UAL went bust four years later.
Saturday, July 4, 2009
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