Quote:
Originally Posted by Homeslice
Don't pay for themselves in terms of margin? Maybe. But just because a car doesn't provide much or any margin to the company doesn't mean it's valuable. GM needs vehicles that attract younger buyers into its brand.
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Specialty models rarely make money for the simple fact the volume is too low. But...the point of an OEM is to attact buyers of all types so they don't jump ship to another OEM...nearly all OEMs understand this. But Homeslice you and others just do not realize the crisis GM is going through. I deal with GM people in MI a few times a week and when you hear GM turned OFF all voicemail, laid off ALL contract workers, denying payments to suppliers you know shit is bad.
I can see GM doing this...axing Saturn/Medium Duty/Saab/Hummer and maybe GMC, only if they file Chapter 11.