We ought to expect Honda (NYSE:HMC) to follow Toyota's (NYSE:TM) lead soon.
GM (NYSE:GM) posts a massive loss of over $7 a share
Toyota Motor Company (NYSE:TM) reported a drop in net profits of almost 70% today.
This reads like a obituary page..
Just let them fail. Giving GM (GM), Fords (F) or Chrysler loan to retool is a waste of tax payer money.
We are underway in a vicious shakeout. Who survives, will be far stronger in the end.
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