November 29, 200816 yr If the US big 3 were to fail it would bring down most of the worlds car market with it. The biggest market for new cars is america, and if their automobile sector goes under then there will be a large amount of unemployed people and the market would collapse as nobody would be able to afford to buy one. What some people don't seem to realise is that if the main manufacturer goes down, it drag hundreds of smaller companies down with them. Does nobody remember what happened when MG Rover went down? Thousands of jobs went at Longbridge, but more went in the wider area as their suppliers followed them down as there only/largest customer no longer trades. Edited November 30, 200816 yr by f1mad
November 30, 200816 yr What some people don't seem to realise is that if the main manufacturer goes down, it drag hundreds of smaller countries down with them. . I take it you meant to say "companies" there, didn't you mate....? :lol:
Create an account or sign in to comment