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Wednesday, June 15, 2005

Why is GM still in business?

Daniel W. Drezner: Why is GM still in business?: If that sounds heartless, it's not meant to be -- it's because I much of the past week's commentary sounds awfully familiar. For those who can remember the very early nineties, many were asking whether GM could survive -- at one point it had filed the biggest quarterly loss in the history of American business. GM may not be in great shape now -- but it's been 15 years and they're still the largest single producer of automobiles purchased in the United States. 

June 15, 2005 | Permalink

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