Reply #4: GM has, in effect, become a dinosaur. In the 60's GM had a near [View All]

[KlatooBNikto]

monopoly of the automotive market.It could launch a new model, assured of a run of atleast one million vehicles.That made it a risk free business for GM> In the new era, GM cannot afford to take such risks because the competition and the choices available to the customer have proliferated.The best thing that can happen to GM would be a cutback of its entire business to a low level from which it can make a profit even at low volumes.

I do not believe GM is capable of operating this way.It is better for it to shut its dooors.