Quote:
Originally Posted by jamesqf
For an example of a company that was in a similar position, yet managed to turn around and become quite profitable, consider IBM. They'd stuck to their core mainframe business while the world was moving to the PC (which they'd developed, ironically enough), and as a result were losing market share. Yet the management was able to eventually break out of that mindset, change their business model, and become profitable again.
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So using this model GM should stick to their core business of trucks and SUVs and cut loose the car divisions.
