In the case of domestic auto, their high costs were what prevented them from competing.
Two different problems with the same result.
Of course. Expect Nissan to step up to Payday Loan next. Either to the French government or the Japanese.
Toyota also slowed down its sales by adding $250-$1000 “premiums” on some models.
“Your business cannot drop in months by 30% and still be able to survive.”
Therein lies the plight of the American trucker. Business dropped off to a whopping 56% in then last 2years. Fuel was hovering around the 30-35% level, has since dropped to around 22-25%.
We’ve lost about 250 thousand independents in the last 2 years, and who’s helping them?