How GM Lost Its Status

Mass-manufacturing, rising quality of life and attrition hurt GM long before today’s gas prices and the UAW became a problem

It would be safe to say that over the last 30 years, millions of words have been written discussing the problems of the automotive industry. The most misleading statistic overused to prove the perpetual and relentless decline of General Motors (GM) has been: "Not so many years ago, GM controlled 50% of the American car market, yet today its market share is less than 24%."

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