Is it though? Sure they’ll have a couple great quarters, but the US isn’t the world car market. If they can look beyond a couple quarters, they’re just becoming uncompetitive everywhere else and eventually the hammer will drop in the us as well
No one’s looking at long term right now because they have already made the bad long term decisions years ago. So it’s either shed the massive debt with a spinoff or say fuck it and hustle for quarterly gains till the wheels fall off.
It’s the best possible decision if you are in the right business though.
Is it though? Sure they’ll have a couple great quarters, but the US isn’t the world car market. If they can look beyond a couple quarters, they’re just becoming uncompetitive everywhere else and eventually the hammer will drop in the us as well
STOP TALKING! WE ARE FUCKING SOLD!
No one’s looking at long term right now because they have already made the bad long term decisions years ago. So it’s either shed the massive debt with a spinoff or say fuck it and hustle for quarterly gains till the wheels fall off.