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Originally Posted by artman
how so?
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Simple. They are in very bad shape due to the unions. The unions are costing them way too much money with health care, protecting lazy workers etc... Not saying all their employees are lazy, but they cannot even fire someone who is not doingt their job because of the protection they get with the unions. They will also have to compete with China in their turnaround attempt this time. I think they will not be able to rebound like they have in the past as easily due to the Japenese's dominance and the soon to come Chinese automakers who are gearing up for run at our markets and everyone elses for that matter. Just my 2 cents.
Louis