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Old 11-29-2008, 11:35 AM   #3 (permalink)
2002 Caddy
6.2 Liter LS3 V8
 
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Re: Could this HELP Save GM?

I don't think so...

Toyota, Honda already have the lions share of the US market in cars that meet you "war measures act" yard stick...

This will just help more Americans buy more Toyota's, Honda's, Smart Cars... Sure it will sell a few Cobalts but it will sell more of the others. Which is GM's problem.

GM could have brought cars like the Cruze here first; they chose not to. That is the mystery... Why not bring your best small car to the biggest car market on the planet?

Gas prices are no longer GM's problem anyway... Gas is less then $2.00 a gallon in most states...

Now GM has a credit problem. GMAC can't lend money for cars... leases are dead... and the banks won't give a loan for a domestic truck even if your FICO score is 800...

Oh and BTW once the credit crisis passes... and it will...
Mark my word, GM Management will have a new problem...I don't know what it will be, but there will be a problem, it might be safety standards, or suppliers, lack of materials, or maybe the electric grid.. but there will be a NEW crisis that they need saving from.

You see it is never GM Management's fault... They did everything right...
It is always something/someone else that is causing their pain.
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