InvestorsHub Logo
Followers 3
Posts 268
Boards Moderated 0
Alias Born 09/19/2013

Re: Hystart post# 1564

Tuesday, 11/17/2020 11:41:28 AM

Tuesday, November 17, 2020 11:41:28 AM

Post# of 1855
The SP crashed when DT got elected. Maybe the company's business model was counting on some help from the government which was far less likely under DT than Obama or Hilary.

Obama revived GM and Chrysler, then seemed to keep them alive until out of office.

A skeptic might wonder if they had them make Impala and Malibu a little too good so they'd be unprofitable to build. Impala used to be a 30 year old value platform based on Lumina before the restructuring. Then they make it catch up to Camry in one design cycle and give it beautiful styling to boot.

Maybe they were given enough assistance to stay alive until the end of Obama's term in office.

Maybe now it is more likely that new manufacturers could get a little help.