i read about Giant Bicycle buying out several small bicycle companies to become the worlds largest bicycle manufacturer. There is profitable and there is. Lot more profitable.

What other forms of transportation has proven to be bought by GM and scrapped? The old Red Car story? The Red Cars were becoming obsolete and were way underfunded. Ripe for a buyout. Ever hear of Microsoft? Do you remember that there office suite used to be stand alone companies like Dbase?

If the companies bought and scrapped by GM were indeed profitable what would stop a foreign company from starting them back up? Nothing. Another conspiracy that starts to unravel under the light of reality?

Ford or Chrysler would have done the same thing. So who did they conspire with? The public that bought cars by the boat load and let the bicycle industry fold and move to foreign shores? Remember GM made a lot of buses back then and that was a alternate form of transportation.