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02-13-2008, 09:01 PM #3
Senior Member
look what GM is spending their money on, hint: nothing that will aid the buyer or U.S
I've got to second that. At least they're not cutting pensions and sending these workers out into the cold. It may not be ideal circumstances for anyone who takes a buyout, but at least they have some breathing room.
This is what companies do. Especially big guns like GM and Ford. In any business, you need to stay competitive in your market, and you need to cut expenses in order to stay competitive. We're in a bit of a recession, if you haven't noticed, and fewer American consumers are able to shell out the cash for new vehicles at the moment. GM is just doing what has to be done. The day that I see Ford, GM, Chevy, etc., start closing up shop and moving all facilities to India is the day that begin to worry.
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