Quote Originally Posted by lucy View Post
They were allowed to do that and went bankrupt. Duh.

As for the reasons GM is going down: One reason is that American car manufacturers kept on building Hummers and those huge offroaders when the rest of the world realized that oil prices will be a decisive factor in picking a model to buy and started to build cars which need much less gas.
Thank you, at $3.50 a gallon at the timei i do not want a car getting 15mpg, i am not worrid about looks i am looking at good gas milage, the Companies knew they had to downsizecars, why they waited, i have no clue