I was an auto tehcnician for many years. It is nearly impossible to buy a lemon these days. Just about any car on the road will drive just fine for 10 years or 200k with just routine maintenance and the occasional repair. Quaity is not the issue.
Every maker makes at least 1 really good car or truck.
Ford redesigned the Mustang, you probably see 59 of those a day. How can they not be making money? F150s and Mustangs are freaking everywhere. The product sells.
GM has vehicles on the road. Lots of Trucks, mid-size cars. Cadilliac is a money maker for sure, and Hummer sells very high all over the world
Dodge has some of the best looking models on the road. The 300, the big trucks, and the Challenger is an awesome looking machine.
Does a company in trouble take a risk like the Challenger??? Even if it does sell well it's not a company saver.
The big 3 are not in trouble.
1999 Tahoe - put into service Spring 1998:
minor repairs/maintenance until 83K miles - new transmission.
Water pump, starter, radiator patch, hoses, belts......something with the gear shifter (can't recall, but couldn't get it out of park without a fight so always had to park it in N)
Odd repair was the driver and front passenger doors had to get new hinges at the same time (heavy doors)
A/C work and then new A/C from about 120K-150K miles
repair work on 4X4 at 188K miles
All of these repairs were over $250......you can imagine what $$ I put into it with a transmission, water pump isn't a cheap repair, neither is the starter. Those door hinges were expensive and yes the A/C was as well.
Now has 190K miles and I still digg it.
A neighbor had the same truck and all of his repairs were electrical and lot of it. He finally sold it and bought the Lexus SUV.
2004 Touareg - drive shaft at 40K miles
Lots of minor things......now the horn doesn't work and it has two modules they claim both need replacing at only 50K miles and I don't exactly stand on the horn. Computer doesn't work properly, trim peeled off. Hesitation in the accelerator and jumpy/jerky. Not my favorite car.
Dodge has done an outstanding job with their new vehicles, from the Magnum to the Challenger and the Charger - those trucks, too! All sexy.
Ford has a great ad right now for the F150!!
Chrysler was such a success story in the late 70's/80's, but they only borrowed approx. $300M (a lot for then). We made a profit on that loan to them.
I am hopeful they can pull out of this. I agree that they aren't in as big of trouble as has been made out; however, their numbers didn't start crashing overnight last year. They had the warning signs. And, unfortunately they are always trying to please/appease the UAW!