G. M. Hits 53 Year Low

[4RE KLR]

GM is far to slow and fat to respond quick enough for the market demand and will pay heavily for it.

The import companies are responding with what America is wanting and needing, that is why Toyota has come so far so fast.

Too bad GM is too worried about the fat CEO's salaries instead of concentrating on the current demand. You would think the board of big companies could see through the waste that is being paid to these worthless overpaid CEO's right now.

I do not wish anything bad for GM. It is (was) a great American company. They just need to get their heads out of the sand and go to work.

Wait and see.

[Ron61]

Steve,

The report on Ford is due out later next week I believe and also I saw that Chrysler is denying they are going to file for bankruptcy. I think Ford will be worse than G.M., but they do have one thing that may help. That billionaire who owns quite a bit of their stock has said he will put up a large amount of money to try to help them through this until they can get things turned around. At least they did delay the making of any more of those huge new pickups, at least for now. Even Toyota is taking some losses in some areas.

Ron

[Cobrabill]

Originally Posted by 4RE KLR

GM is far to slow and fat to respond quick enough for the market demand and will pay heavily for it.
The import companies are responding with what America is wanting and needing, that is why Toyota has come so far so fast.

Bingo.And taking it one step further,GM(Detroit in general)builds cars and then says to the public-BUY IT.

Where as the Japanese companies do their research,find out what we want and then build it for us.

The whole 14th floor should be nuked.