All Posts Tagged With: "GM’s"

The Biggest Problem Detroit’s Big Three are Facing

By Andrew Mickey, Q1 Publishing

“Buy One, Get One Free” – That was the offer last week in the United Kingdom. But the two-for-one sale wasn’t for bags of potato chips or loaves of bread at the supermarket, it was for cars.

U.K. newspaper The Guardian reports car dealers across the country were doing the unthinkable to unload excess inventory. They were selling Dodge Avengers at 2-for-1. The gas-guzzling Avenger, made by Chrysler, has been one of the worst-selling cars in the country where gas will run you $5 a gallon (even with oil at $50 a barrel.)

Dealers were so hard up to…

17Nov2008 | Q1 Publishing | Comments Off | Continued
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