Centurion Posted August 23, 2006 Posted August 23, 2006 Autoextremist.com has become a Wednesday morning "must read" for me, and I have grown to appreciate Peter DeLorenzo's assessments of the industry. Today's rant provides a concise picture of the near-term outlook for many of the larger players in the U.S. market.Many of you will be pleased, as I am, that DeLorenzo expresses genuine enthusiasm for the products that General Motors will be introducing during the next two years. It's a fascinating piece. The Players, the Schemers, the Smoke-and-Mirror Dreamers.
Ron Green Posted August 24, 2006 Posted August 24, 2006 Interesting article.Being a GM fan lets hope they can find a way to get through these next few years cash wise. With 35 billion left verses Toyota's 200 plus billion cash reserves GM can't take many more 8 billion dollar a year hits without major downsizing and restructuring.
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