| The North American automobile manufacturing | | | | gallon most agree that we will see a similar |
| companies will be coming out with their | | | | but mild repeat of the Deming Years? Both |
| quarterlies soon and many in the automaker | | | | General Motors and Ford have been offering |
| industry as well as the consultants and | | | | deep discounts to counteract slumping sales, |
| analysts are saying that this is not going to | | | | you have seen the Employee Discounts given to |
| be pretty. Both Ford and General Motors are | | | | all customers, such discounts make a profit |
| expected to lose money, but how much? Are we | | | | situation tough. Now we see bulging health |
| looking at more bankruptcies like the Delphi | | | | care costs and the looming crisis of under |
| Auto parts company, which was spun off from | | | | funded pensions. And the Unions are not |
| GM in 1999? Some analysts are already saying | | | | cutting any slack this time around. Many |
| that there is a 30% chance of a General | | | | analysts are saying there will be a huge |
| Motors Bankruptcy filing. But North American | | | | round of job cuts.General Motors is saying it |
| and United States automakers have had issues | | | | will get through this come hell or high |
| with an already growing gap of 3.5% market | | | | water, but industry analysts say that the |
| share against Japanese Automakers due to the | | | | American Automakers are probably in for a lot |
| consumer move to smaller and more economical | | | | more of both. Think on this.Lance Winslow - |
| vehicles.With fuel prices at $3.00 plus per | | | | Online Think Tank forum board. |