GM & Chrysler Reorganization Opportunity

Now that they are at the brink of collpse, GM and Chrysler have an opportunity to restructure their businseeses to be successful in the 21st century.

For the past 30 years American “Big 3” automakers have seen their market share drop from 75% to 45% or an average annual loss of 1% per year. Loss of market share and today’s crisis economy have effectively put Ford, GM, and Chrysler in peril. Fortunately, Ford recognized several years ago that it had to restructure to survive and today they are the one automaker not seeking Federal assistance. Ford products coming into the market in 2009 show company vitality and provide strong quality and customer value. … Continue Reading