It was a lot easier for the big 3 to continue their wasteful spending when they were selling 35-40k SUVs and trucks with massive markup. Now that people want 12-18k cars with a much smaller markup the union costs are killing them.
It was a lot easier for the big 3 to continue their wasteful spending when they were selling 35-40k SUVs and trucks with massive markup. Now that people want 12-18k cars with a much smaller markup the union costs are killing them.