G.M. to Cut jobs sell Hummer

[Cobrabill]

Originally Posted by 4RE KLR

Its $3 Billion a Quarter NOT a year.

Hummer needs to go. Yea it was a great novelty, however The Governator only needs so many of them. Besides it is a waste of resources and people now view them as part of the problem and not part of the solution.

Buick also has to go. It has been dead for many years and GM doesn't want to admit it.

But here is the real deal. The upper management needs to go. They have got their heads so far up their own a$$es they can see the market has changed.

If Toyota or ANY other car company can build a car that gets good mileage so can our American Companies. We just need to reach down and pull our pants up, stop getting screwed and go to work and build what is good for business. It is true in any business that if you build what customers want they will buy it. Why can't GM remember what made them a great company to begin with.

I won't even get into the union problems here. I also do not understand why the line workers are getting 90% of their pay to stay at home.

Unfortunately,Buick is not dead.It is selling like Hotcakes overseas.But yes,it has to go.

Hummer-GM never should have bought it in the first place.The H-1's have there purpose but not the H-2&3s.

Why can't GM remember the great company that they were?Simple,they still think THEY ARE the great car company they were.
The last innovative thing GM did was the Corvair.

[Mark IV]

Originally Posted by Cobrabill

The last innovative thing GM did was the Corvair.

And look how well that turned out for them!!!

Us manufacturers built what the public here wanted, import manufacturers built what sold elsewhere in the world and sold it here in smaller numbers until events caused a greater demand. Were GM and Ford wrong when they had very profitable trucks rolling off the lines to waiting customers? No, but were they wrong to beleive that business model would last forever? Yes.

Much of US business is short-sighted looking only at the quaterly profits and what Wall Street says about them. Auto manufacturers have routinely stolen next quartres business with incentives to pull sales ahead and "we'll worry about next quarter when it arrives".

They are the equal of crack addicts, they have addicted the buying public to expect massive incentives. They are hooked and the only way off is cold turkey.........................it won't be pretty for a while but it will be the only way out.

[Joe Wicked]

I was just reading where GM may pull out of auto racing sponsorships as well as part of the cuts.

http://www.theolympian.com/nationwor...ry/507913.html

[Ron61]

Joe,

I also saw a post on another site that Ford may be considering pulling out of NASCASR. I haven't seen any news reports about it yet, but I wouldn't be surprised now that the cars are all the same and they just pay a lot to have their names painted on them. Until GM and Ford get back on their feet, I would think that kind of money going out would be one of the first things they would stop.

Edit To Add: Bill, is there really no way to convince you to get another avatar? I notice posts by the avatars more than the name and that is one that has caused me to miss a few of your posts. How about something along the lines of Fred's?

Ron

[Joe Wicked]

Originally Posted by Ron61

Joe,

I also saw a post on another site that Ford may be considering pulling out of NASCASR. I haven't seen any news reports about it yet, but I wouldn't be surprised now that the cars are all the same and they just pay a lot to have their names painted on them. Until GM and Ford get back on their feet, I would think that kind of money going out would be one of the first things they would stop.

According to the article I read, Ford is saying that they are evaluating the investment, but the level of commitment is not changing for next year. Toyota said the same thing, Dodge left it open. What this means is if Chevy pulls out of Nascar next year, Ford and Toyota are not going to sponsor those teams and that leaves just Dodge to sponsor all of them. I don't see Dodge sponsoring all current Chevy teams. Way too much. This means we could possibly get back to non manufacturer sponsored teams.

[Ron61]

Joe,

That might be the best thing that could happen for NASCAR. Dodge doesn't have the money to sponsor all of the Chevy teams as they make up well over 50% of the teams in the two top classes. I do believe that Ford will pull out, or cut back to the point they are no longer much more than just cars to fill the field. In a few years it could be the Toyota series period.

Ron