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Old 10-13-2008, 10:30 AM   #4 (permalink)
peterj2706
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Join Date: Sep 2003
Location: Richmond, VA
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Re: GMI Covers GM's "Crisis Mode"

Quote:
Originally Posted by Buick61 View Post
It's times like this that GM's brass needs to think, "WWSD." Or, "what would Sloan do?"

Alfred Sloan pulled GM out of a Durant-induced near-collapse at at time when there were literally hundreds of competitors. Now GM has, what, 10 competing companies? And they don't have a single best-seller? And they haven't turned a profit since 2004? And they got billions of loans from the government and they're still delaying products and canceling programs?

End of days, my friends. End of days.
Sadly true. They just don't seem to have clue as to where to go next. No best seller, because no best in class (ex. the vette). Always a day late, with products that don't quite measure up to the light of day, or are targeted to yesterday's needs.

Well, they can always sell off another plant/division and pay the bills for a few more days. I'd love to see what their 'golden parachutes' look like, somehow I'm sure that they are very well funded.
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