Chrysler, Ford, GM, and the Dark Side of Sales

It’s not a good time to be an American automaker. Ford is undergoing yet another restructuring, only two years after starting their last one. GM is about to become the #2 in the industry — passed, embarrassingly enough, by Toyota. And Chrysler may be sold by Daimler-Benz’s for the fire sale price of $5 billion.[1] It’s like the ‘80s again, this time without Lee Iacocca and his K-Car or Michael Keaton running a US auto plant in _Gung Ho_. How did they blow it so quickly after saving US car companies once? The surprising truth seems to be: sales were too good. And, even more surprisingly, good sales can be trouble for all of us, especially entrepreneurs like me (and maybe you).








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