The Challenges GM Is Facing, and the Reasoning Behind Its Plant Closures
Harvard Business Review
NOVEMBER 30, 2018
but in China as well, and there is too much global auto-assembly capacity chasing that demand. Capital-intensive factories have a high-fixed-cost, low-variable-cost operating model. But they should ask themselves whether they are better off holding on to an unsustainable job as long as possible or trying to change now?
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