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Detroit automakers have for some reason been unable to complete with foreign carmakers in the US for some time now. Chevy sold about half as many Malibu’s as Ho
by alphabettsy 8y ago
Detroit automakers have for some reason been unable to complete with foreign carmakers in the US for some time now. Chevy sold about half as many Malibu’s as Honda sold of the Accord, same goes for Cruze vs Civic. What I don’t understand is how selling 180k vehicles (Cruze and Malibu) isn’t enough to consider them viable?
At the same time, am I crazy to think these companies won’t find themselves in or on the edge of bankruptcy again when the market changes?