Dec 02
The big 3 are currently in a deep automotive crisis and their own liquidity is on the verge of zero.
This is a big problem, not only because of the dependency on external money funds to increase the ongoing business, but also because a possible loss of liquidity, only the idea distracts any customer.
First of all, by cutting of workforce, the big 3 are loosing most of their own vehicle customers, which consist to a large part of their own employees.
Further any other customer will think twice. Would you buy a car if you know that after purchase perhapse you wont have any warrany or spare parts for your vehicle left?
Recent Comments