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Old 07-04-2008, 12:37 PM   #42 (permalink)
2002 Caddy
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Re: GM shares fall below $10 for first time since 1954

Quote:
Originally Posted by drew770 View Post
Wagoner & Co. lack vision and are stuck in the past. Rick has GM playing catch up continuously. Never taking the lead but always the follower.
And without the success of the Prius then the Volt would still be on the cutting room floor.
X2 X2

The new Camaro is another example... Lutz and Rick, stall stall, dither dither, offer goofy trucks as pony car replacements... and when the new Mustang takes off like a rocket they pick some lint out of their navels and say... "Time to play catch up"

But even at catch up they suck... When this first happened in mid 1964... Chevy got a Mustang beater on the road in 29 months... How long has taken Rick and Co. to recognize their mistake on the Camaro and get a car on the road?

Almost 5 freaking years!...

How long did has it taken Chrysler to get a challenger back in the showrooms?
Just over 2 years...
They started AFTER GM committed to the new Camaro and they FINISHED first...

Rick, if your corporate strategy is to just play catchup all of the time...
Could you at least be good at it!

BTW Rick IS NOT CHEAP... he has collected over $100Million... Yes MILLION... during his tenure at GM...
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Last edited by 2002 Caddy : 07-04-2008 at 12:47 PM.
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