GM and Ford have profitable overseas divisions. It's in North America where they are loosing money.
So why is it they can make a profit selling cars to Europe and not in America? They are also profitable selling cars in South America as well.
We all saw it coming? Who are you including in the "we all"?
Part of the losses coming the Big 3's ways are loss that are associates with their financing arms. GMAC, Ford Credit and Chrysler Financial. Some how I think it's a little more complicate than you hint, but thanks for it. I'll give it the due attention it deserves!


Quote Originally Posted by Pugwash View Post
Yes we remember, it was a stupid trend that died the death it deserved. We all saw the death coming.

Here's a hint: If it's an exclusively American trend, it'll die. If you can't sell your cars abroad, you're making stupid cars. For cars, where Europe is now is where the US will be in 10 years.