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Re: The New GM - The Official Press Releases
Quote:
Originally Posted by JoeT
Pending approvals, the New GM is expected to launch in about 60 to 90 days as a separate and independent company from the current GM ("GM"), with two distinct advantages: it will be built from only GM's best brands and operations, and it will be supported by a stronger balance sheet due to a significantly lower debt burden and operating cost structure than before. The New GM will incorporate the terms of GM's recent agreements with the United Auto Workers (UAW) and Canadian Auto Workers (CAW) unions and will be led by GM's current management team.
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Excellent. ***** rolls downhill, so if there are no changes up top, the same old attitudes and practices will eventually filter down.
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It's been swell, but the swelling's gone down.
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