Originally Posted by
RangerNS
Got that backwards?
AC wasn't an investment strategy ever, but it's been doing pretty good for a decade.
Not sure what you mean. Chrysler was sub-scale, GM had the headache of Opel, both had worried investors with debt loads and high labour costs (including pensions/post-retirement benefits) for long before the global financial crisis pushed them over the edge. AC, on the other hand, has had sustainable labour costs and been generating consistently high profits for a while.