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Originally Posted by stevey_frac
Right. So. The market works.
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Maybe after a Rube Goldbergish sort of fashion. But GM & Chrysler are bankrupt and sucking up my tax money, and I STILL can't find a decent new car - unless I shell out $100K for a Tesla.
"And now GM is going to have to refocus themselves. GM didn't have the chance to do that because they were cut short by the OTHER market collapse."
Oh, crap. GM had fifty effing years to "refocus" themselves, but never bothered.
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That's roughly 20% of all sales were SUV's in 2000. You can't fault the companies for catering to such a large, and profitable segment.
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If 20% of all sales were SUVs, basic arithmetic says 80% of sales were NOT SUVs, no? So if you want to run a large & successful car company, do you ignore the 80% in order to cater to the 20%, like the formerly-Big 3 did? And then, when gas prices take a long-predicted jump, watch your 20% shrink to 10%?