Chrysler, GM offer no plans to get people to buy their cars
(NEWSER) - GM and Chrysler now want another $22 billion from Washington—and propose to use dramatic job cuts to help right their respective ships. What both companies avoid, writes economist Susan Helper for the New Republic, is an appraisal of the real problem: Nobody wants to buy their cars. Rather than cutting labor costs, the companies need to figure out why a typical American car sells for $2,000 less than a comparable Japanese model. More»
