A forum to discuss, contemplate, post, complain, laugh at and understand economics and the economy and its effect on people of my generation. You know what, I'm pretty much gonna start talking about everything, nobody is reading this anyway.

Tuesday, April 24, 2007

Toyota First Quarter Sales Top GM's

Well, it finally happened...

Toyota first quarter sales top GM's

The truth of the matter is, this metric is meaningless, all we care about is whether GM starts making profit again and that profit comes back into the Detroit metro area. Besides, the automotive industry is going to go through a giant transformation when era of the fuel injection engine begins to decline, after that its anyone's game, so who sells the most is just a metric that GM can use to let the UAW and Detroit know how far we have sunk and that drastic changes are necessary. Without the past year's losses and the devastation in the auto industry, the new leverage that GM has over its bloated labor infrastructure would have never been possible.

No comments: