Re: GM to cut 30,000 jobs, close 12 plants

[farna@xxxxxxx]

Who'd have thought that GM would be the "next AMC". Only Toyota will probably buy them out. Back when the Chevette was dropped and the Suzuki Sprint replaced it as GMs price leader, and Chevy afficiandos cried "foul", GM management (I forget who was in charge at teh time) stated (not an exact quote): "GM is in the business of making money, we just happen to do it by making cars. When we can buy cars to sell cheaper than we can make them, we will."

Hmmm... guess they can't even do that so much now. 

The US car market is crowded though, and competition is getting stiffer. GM would be wise to break off a lot of executives (WITHOUT "bonuses") and regroup. Maybe split off the healthier divisions from the central authority so the less healthy doesn't drag them under, and cut the fat. Saturn back "on its own" like it started would be a good start! But the higher ups who can make these decissions are to high up to see through the clouds -- that or they aren't worried about anything beyond their own pay check and bonuses. They need a good "axe man" over at GM, but everyone's afraid for their own necks...

On November 21, 2005 Tom Jennings wrote:

> "... Mr. Wagoner had vowed to announce a plan to bring G.M.'s
> production capacity in line with its United States sales by 2008." --
> NY Times, 21 Nov 2005
> 
> Clearly, General Misery has decided the amurrican pimples are no
> longer interested in buying automobiles, therefore, the only possible
> option is to stop producing them and distribute G.M.'s wealth amongst
> its hard-working and deserving upper management (under the recent "if
> they didn't deserve it they wouldn't have access to it" modern
> economic theory).
> 
> That they might simply produce cars someone might want, has not
> occurred to them.
> 
> 
> (2006 HHR? have they lost their minds?! For every Solstice are 100
> forgettable duds. Even a standout failure would be an improvement.)
> 
> 
> 
> 
> OK I'll shut up now, I got it out of my system.


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