Friday, January 27, 2006
Also inevitable: the fact that Ford will be laying off 30,000 workers and GM has posted an 8.6 billion dollar loss for 2005. Frankly I have zero sympathy there. That's what you get for building crappy gas guzzlers. That said, the U.S. car manufacturer's business model is really no less erratic and unstable than say the SOFTWARE INDUSTRY i.e. talk about a ship without a compass and having to have extraordinary luck!
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