The problem isn't AAP management. The problem is much, much bigger.
Did any of you notice that car companies now have to amortize car loans over 7-8 years with zero percent interest?
No, of course you didn't. Because you know absolutely nothing about finance or economics.
Well, let me make it simple for you.
When companies have to sell their product using cheap, easy credit, it's because they can't sell it any other way.
When you see McDonald's workers driving around in 60K SUV's, that should set off alarm bells in your head that maybe there's a problem.
But it didn't.
Well, now you see the problem because you're getting laid off and watching the company go down the drain. And you think it's due to poor management.
Wrong. it's due to selling people cars who have no business getting a loan.
Just like 2008, only its cars this time.
Posted by @PrhhtQi-gdl, boy do I agree with this. It's only a matter of time before the car-loan bubble bursts. Then we are truly screwed.