03-31-2009, 01:01 AM
Silencio wrote:
Left to their own devices to go bankrupt, GM and Chrysler would shed a minimum of 1 million jobs, not including job losses from affected suppliers and subcontractors.
Problem is there are not enough buyers. We have an annual capacity of 15 million cars but sales are running at 8-9 million. No amount of restructuring is going to create new buyers.