I was watching Senator Chris Dodd speak during the hearings yesterday.
He was discussing market cap of auto makes in general.
He called BMW a niche player with 15B market cap because they sell a lot less vehicles than GM although BMW is worth more than all the big three combined.
I found it funny because BMW is not losing $2500 on every car sold.
When VW has more market cap than any make, perhaps the big three should be called something else?