Although automobile sales collapsed during the Great Depression, Sloan could boast of GM that “in no year did the corporation fail to earn a profit.” (GM retained industry leadership until 1986 when Ford surpassed it in profits.) By 1927 replacement demand for new cars was exceeding demand from first-time owners https://edgarmsxbf.evawiki.com/8951081/gedetailleerde_notities_over_downpipes_mercedes