GM Inside News Forum - View Single Post - $11: GM Stock Falls Hard At Market Open On Goldman Downgrade

vanshmack · 06-26-2008, 11:38 AM

It may be time for a "coaching change" at GM. I've been Wagoner supporter, but I think he's taken them about as far as is going to. A fresh new vision is needed to continue the turaround.

There have been many on this board blaming Lutz and calling for his head. I completely disagree with that notion, as he (and Ed Welburn) is the reason GM didn't file for BK 4 years ago. The reality is, Lutz is the reason that GM has more than 2 desirable cars, and he needs to be kept around to ensure that desirability improves.

06-26-2008, 11:38 AM	#14 (permalink)
vanshmack 4.6 Liter Northstar V8 Join Date: Jan 2003 Posts: 1,527	Re: GM Stock Falls 11% At Market Open On Goldman Downgrade It may be time for a "coaching change" at GM. I've been Wagoner supporter, but I think he's taken them about as far as is going to. A fresh new vision is needed to continue the turaround. There have been many on this board blaming Lutz and calling for his head. I completely disagree with that notion, as he (and Ed Welburn) is the reason GM didn't file for BK 4 years ago. The reality is, Lutz is the reason that GM has more than 2 desirable cars, and he needs to be kept around to ensure that desirability improves. __________________ 1987 Buick Grand National 2009 Saturn VUE XE AWD 2006 Impala SS Last edited by Ming : 06-26-2008 at 11:42 AM. Reason: stop...feeding...the...troll!