Quote:
Originally Posted by OG LennyT
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look at the 5 day chart on that page you linked.
as I mentioned earlier, their sales were merely 'up' from what analysts had forecast, not 'up' from the previous month. in other words, they didn't lose as much as was expected.
you know, a large part of the problem they (and all auto manufacturers) are experiencing right now, is directly due to modern day investor expectations. shareholders generally aren't interested in making steady profits over the long term via dividends, they're interested in doing whatever increases revenue in the current fiscal quarter and drives up stock prices.
conforming to that goal has meant continuing to build large trucks & SUV's and not focusing on economy cars over the past 5 years, despite a steady rise in gas prices and the inevitable present-day situation.
the automakers are as capable as any other industry of anticipating future market demands, yet their hands are tied partially due to short term speculators that help to create the mess they - and the country as a whole - are currently in.
</rant>