Quote:
Originally Posted by Kevin M
And yet, complete and utter disaster on the bottom line. Their success overseas in developing countries is largely a result of buying smallish foreign manufacturers and continuing to sell their shitty cars to populations that don't know what a good car is and/or can't afford them.
Show me where an true American car (core Detroit product, manufactured in North America if not the US) is competing successfully overseas with its Japanese, Korean and German competition. If you can, I'll cede the point that it's solely in the US that the Big 3 are sucking ass. But I think it will prove difficult.
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You know not of what you speak... Watch CNBC, read an annual or quarterly report, listen to a shareholder conference call or try Google... The big three are kicking ass in developing nations and have been for a number of years.
I never claimed they were US manufactured, but some are.
The reason they are competitive and growing overseas is the lack of legacy costs as has been previously stated in this thread as the major issue in this country.