Quote Originally Posted by aximr View Post
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.
Look at the cars they sell outside the Americas.

Ford US:


Ford EU:


GM US:


GM EU:


Quote Originally Posted by aximr View Post
We all saw it coming? Who are you including in the "we all"?
Um, didn't you see this coming? Come on, you must have.

In Europe, we've had crappy gas prices for decades and our car market adjusted accordingly. We call 2l cars large and can't get our heads around why anyone would need 5l V8s. Big engines go in luxury and sports vehicles, not runabouts.

It was common knowledge that gas prices would not remain low in the US. A finite resource that retains demand throughout its life-span will always have increasing prices over time.