Thursday, November 20, 2008

GM Admits it Makes Lower Quality Cars

One of GM's arguments to support a bailout is that if it declares bankruptcy, consumers won't buy its cars for fear that GM won't be able to satisfy warranty claims.

If GM's cars are so bad that buyers won't buy them without a strong warranty, that sounds like a compelling case against a bailout.

1 comment:

  1. As far as I'm concerned, that is the problem with the "Big Three" (among others) - sadly, they just don't make it (not by the "Big Three" Foreign Car Standards)... nor ... do they get it! They're dinosaurs!

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