GM has only two profitable lines, Chevrolet and Cadillac, with the others ranging from a small loss to an enormous loss, yet contract provisions and state laws prevented closing the unprofitable lines.
factualpending
Speaker
Michael MungerEvidence Quote
“General Motors has two profitable lines Chevrolet and Cadillac the others go from something like a little loss to an enormous loss”
Source
Michael Munger on Franchising, Vertical Integration, and the Auto Industry 06/22/2009— EconTalkCreated: 6/17/2026, 10:31:26 AM
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