On Aug 2, 11:35 am, "alan" > wrote:
> "lockjaw" > wrote in message
>
> ...
>
>
>
> > A ridiculous time! with 600 locations closing.
>
> > never fly. Plus Starbucks treats its employees very well.
>
> > and Jack / Izzy? the problem with GM etc. ain't the unions -- it is
> > the idiotic management
>
> You're absolutely correct. And although any serious economic analysis comes
> to the same conclusion, don't expect Jack to allow himself to be confused by
> the facts . . .


BMW reported on Friday their profits this Q down 33%. Nissan
reported Friday their quarterly profits down 48%. Along with Toyota
and Honda auto sector profits are glum.

http://www.tradingmarkets.com/.site/...STORY/1799680/

I find it hard to believe that all these companies have "idiotic
management". Maybe the worst economy in about 50 years has something
to do with it. Even if they were all producing hybrids at 100% plant
capacity it wouldn't do any good if folks can't buy a new car.
Bernie