Quote:
Originally Posted by mookiemookie
You mean the same ones that Honda, Toyota and Nissan have to adhere to? Why aren't they in dire financial straights?
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A huge lack of legacy costs.
I think SteamWake's point was that the COMBINATION of poor decisions by the automakers and government regulation is what brought this on. The foreign companies aren't facing the same combination. His post said that the regulations "didn't help" - he didn't say that the regulations are what brought them to their knees.