Not true. GM just wasted too much of its money to be able to show a profit. There was zillions just wasted, getting nothing in return. Federal gov't is on the same road. To survive most of your money must by purchasing NEEDED products. Today the federal gov't pays about $2,000,000,000 a day in interest on its national debt. 2 billion dollars we get nothing for. How long can this go on?
Toyota's vehicle sales in China fell 44 percent year-on-year in October to 46,000, following a similar decline in September. The company has already lowered its full-year sales target to 850,000 from 1 million because of the anti-Japanese sentiment. Nissan and Honda have seen similar sales drops and have also adjusted their forecasts. Nissan's China sales were down 41 percent in October to about 64,000 while Honda's dropped 46 percent to 24,000.