The auto talks continue as GM and Chrysler try to restructure themselves to become viable companies once again. They are still talking about loans and concessions, but no one is talking about sales!
Borrowing money to pay bills just doesn't work, we all know that. It only delays the problem. But how many new car commercials are we seeing on TV? It is like these companies have rolled over and died already.
Do you remember Chrysler back in the late 70's early 80s? They spent a ton of money reselling the market on their company. How many of you remember this commercial?
This and other strategies is why Chrysler recovered. Hopefully the current directors of both GM and Chrysler will refocus and get sales moving!
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