[windvale]

GM announced Monday that between 900 and 1,000 jobs will be eliminated in Oshawa leaving workers, still reeling from the loss of a shift and 1,000 jobs in January, shocked.

How the hell can any of these people be "shocked"??? I'm shocked that they're shocked ! Some people need to pick there heads up every now and then and take a look around at what's happening in the world. The days of the "guaranteed job" are over...$1.29 a gallon gas is long gone...and GM is in a dogfight for its very survival.

They're shocked at job losses ? Give me a break...

 

[windvale]

the loss of market share appears graphically as a downward flight of stairs for over twenty years. stupidity is not that sequential. bankers, lawyers, and accountants are not that ignorant. ask yourself why are there no earnings guidances, and why are the so called "plans" so secretive? there must be a reason.

I'm not sure I follow what you're getting at above. But, all things being equal, I would have expected GM market share to decline over the last 20 years - numerous new players have entered the US auto market in the last two decades. The pie is only so big. I think it would be unreasonable to expect GM to hold on to 50% of the market now that we've gone from three players (GM, Ford and Chrysler) to like 30.

As far as the rest of your statement, I'm not sure I'm following you...

 

[windvale]

Psst, windvale, don't tell that to Microsoft, Intel, Coca-Cola, and Wal-Mart. Despite new competitors, they seem to do well holding onto their market share... and even growing in some cases.

I'm missing something...who are Microsoft's 30 competitors ? I'm seeing Apple and maybe Red Hat. Who are Intel's competitors ? AMD ? Coke - Pepsi ?

I'm not seeing that any of the above companies have had to compete with well funded competition from foreign companies that are supported behind the scenes by their governments.