Can the US Auto and Airline Industries Handle a Price War?

General Motors has announced it will reduce prices and continue the heavy discounting to increase sales all this after very poor quarters for both Ford, GM and the bankruptcy filing by Delphi. General Motors needs to retake their market percentage losses, which were earned by Japanese Automakers, with their more fuel-efficient cars. Some say the slight pull back in fuel prices will help GM retake some of the recently lost market share.

GM has negotiated reduced health care with it