DISQUS

Consumerism Commentary: Monday’s Articles – New GM Deal

  • Jose · 4 years ago
    At least they are responding to the competitive situation in a way that may avert bankrupcy.

    However, it is sad that american cars have become the 'cheap, unwanted' car, and foreign cares have became the trusted, desired car.
  • Flexo · 4 years ago
    They are counting on the fact that they will be able to make up for the price cuts through volume, which could be a risky bet, especially if the public still prefers "foreign" over "American" (not that those labels are accurate anymore).
  • Jonathan · 4 years ago
    Actually, they are probably counting on making money via the loans on those cars, they are almost selling those things to a loss to the dealers.

    Of course, this makes the residual car value of my GM go to crap. Now I'll have to drive it 'till it dies...
  • Flexo · 4 years ago
    Good point, GM sells cars and provides financing -- a match made in heaven.