Article Abstract:
General Motors in the past was the most powerful industrial entity on Earth with 50 percent of the domestic market and was able to set up a '60-60-60' formula that involved GM's capturing 60 percent of the market, $60 as share price before the 60th birthday's of the two execs. In the modern world, the Big Three, comprising of General Motors, DaimlerChrysler and Ford, are poised to fall below a 50-percent share of the domestic market.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
The major U.S. airline such as Delta United, US Airways, Continental, and American are either going bankrupt or contemplating draconian cost in service. The reason behind this bankruptcy is due to overblown contracts, soaring duel costs, and environmental battles against new or expanded airports.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
An account is presented for the fascination towards auto racing like the Formula 1, NASCAR and Grand Prix. Diminishing number of race cars due to the crazy escalation in costs is also accompanied by the loss of creativity.
User Contributions:
Comment about this article or add new information about this topic: