"Kerkorian wants Ghosn to run GM.''

Things are getting thick!

http://www.thegmsource.com/forums/index.php?showtopic=131

Someone plug the hole that is Kerkorian. :mad:

This guy is bad news to every company he's ever come across. Is BM talking in his ear?

Someone plug the hole that is Kerkorian. :mad:

This guy is bad news to every company he's ever come across. Is BM talking in his ear?
I know he had a talk with somebody close to the camp a few months back. Actually this may have been back in November/December time.

I agree with Z28Wilson . I don't see anything good coming out of this possible merger.

GM after it merges with Nissan. :shock: :irk: :yuck: :barf: :dead: :death:

I know he had a talk with somebody close to the camp a few months back. Actually this may have been back in November/December time.

By "he" are you referring to BM?

That explains a lot. :rolleyes: So because of a personal vendetta/grudge against Wagoner, he is ready to completely sabatoge any chance of an independent GM turnaround, a company he "loves" so much.

What a slimeball.

By "he" are you referring to BM?

That explains a lot. :rolleyes: So because of a personal vendetta/grudge against Wagoner, he is ready to completely sabatoge any chance of an independent GM turnaround, a company he "loves" so much.

What a slimeball.

Buick Man???

By "he" are you referring to BM?

That explains a lot. :rolleyes: So because of a personal vendetta/grudge against Wagoner, he is ready to completely sabatoge any chance of an independent GM turnaround, a company he "loves" so much.

What a slimeball.
While he may have met with people, that clearly does not mean they took what he had to say and ran with it. All I said was I'm pretty certain Dollinger had a meeting with people close to the Tracinda (or however you spell it) camp right when talk went down that Kerkorian was interested in purchasing shares.

I wouldnt paint Dollinger with a black brush, the man is smart and is passionate. At the end of the day we all want just one thing. The independant success of General Motors.

Personally? I dont care who is at the healm, whether it be Wagoner, LeNeve or an outside source that is brought in to help turn things around. I will say that Wagoner has exceeded my expecations thus far, but that's because of a buy-out agreement that the UAW agreed upon.

Wagoner deserves more time, but how much more time is the question/problem.

Someone plug the hole that is Kerkorian. :mad:

This guy is bad news to every company he's ever come across. Is BM talking in his ear?

I highly doubt BM would be for such a merger. While I can't speak for him, I'd bet a paycheck that he would say the whole reason GM is in this situation to begin with, is Wagoner's fault. That's more BM's style.

I can't say I agree with everything he says, but I do agree with many of his points. And to a large extent, it *is* Wagoner's fault that GM has sunk to such a low point that a rinky-dink player in the auto industry can actually make an attempt to buy GM.

If this issue is pressed, I predict an unusual alliance between GM management and the Unions. Which, is a shame, because it looks as if GM might actually for the first time be able to do someting about its Union problem in general. I love to bash the Unions as much as anyone, but only to a certain point - when the Unions have lost their usefulness and have become a parasite to the very company they are organized for - then its time to slap them back into check. That's where I believe we are now.

However, I am not for killing off jobs, only to see the money that was being sunk into the lazy Unions be simply shifted into the pockets of a small handfull of greedy shareholders and investors...I believe we are at this point as well.

It will be interesting to see what pans out over the next 18 months. I sincerely hope it is not like watching a horror movie, with jobs and models being hatcheted to pieces. It just seems like its going that direction though.

I'd personally love to see a healthy GM, with top of the line products and happy workers. But, I don't believe the shareholders and investors want that.

I wouldnt paint Dollinger with a black brush, the man is smart and is passionate.

Dollinger painted Wagoner with the broadest brush of all, we've seen it first-hand on this board. And I will not argue that the man is passionate, it's just too bad his passions have to be directed at an ongoing smear campaign to embarrass and discredit Wagoner simply because Wagoner (and others) saw little merit in his "plan".

I have no love or hate for Rick Wagoner. The next 5 years will judge how successful he is....whether he's still around at the end or not. Judging by what those actually inside GM, on the front lines, say about him, I do hope he gets the opportunity to turn it around without Nissan/Renault or anyone else.

Dollinger is a good real estate agent and car salesman. I believe that says all you need to know about the kind of person he is.;)

BTW, how come after I had him email me months back, I got magically subscibed to his mailing list...which I had to manually unsubscribe from. Now I get emails from Robert Fargo's "The Trusth About Car's newsletter, which ironically preaches the goodness of all things Dollinger. That alone makes me not like him.

I could single handedly turn GM around. If GM would only look at my idea. :blah:

Wagoner has been running GM North America directly or indirectly since 1994, but NA is still extremely weak. It's really hard not to put the blame on him. The only question is if GM's better off with him or someone else.

I don't really have an opinon on that. But if GM is faced with an external threat, they're more likely to get entrenched around the current management, which means Wagoner better be the right guy because they're going to be stuck with him for a while now.

Dollinger is a good real estate agent and car salesman. I believe that says all you need to know about the kind of person he is.;)

BTW, how come after I had him email me months back, I got magically subscibed to his mailing list...which I had to manually unsubscribe from. Now I get emails from Robert Fargo's "The Trusth About Car's newsletter, which ironically preaches the goodness of all things Dollinger. That alone makes me not like him.
I can't counter any of your questions.

Except to say that, until you sit down one on one, face to face, or even phone convo to phone convo with Dollinger, you will not understand where he comes from.

The man brings up some damn good points about Wagoner and how he got to where he is right now.......and when I've repeated Jims questions, I've gotten a cold shoulder and blocked media access.

Interesting.

Carlos Goshen isnt the man...

He cuts corners he twists the truth...

his vehicles are sub par and not well thought out... we dont need another round of the 80's...

GM's getting on track all by themselves... just because Kirk is going to die before GM's market capitlization goes back up to 200 billion.. does that mean the right man for the job will change?

currently i think wagooner is doing everything in his power to turn this behemoth of a battleship around to fight instead of run...

and... without Goshen

we've got...

Shift_Perception

Carlos Goshen isnt the man...

He cuts corners he twists the truth...

his vehicles are sub par and not well thought out... we dont need another round of the 80's...

GM's getting on track all by themselves... just because Kirk is going to die before GM's market capitlization goes back up to 200 billion.. does that mean the right man for the job will change?

currently i think wagooner is doing everything in his power to turn this behemoth of a battleship around to fight instead of run...

and... without Goshen

we've got...

Shift_Perception

Exactly. You cant' compare Nissian's problems during the early 90's and GM's of today. The companies are totally different animals.

without Goshen

we've got...

Shift_Perception

Before that slogan came out someone came up to me in our mall and asked me if I wanted to make $5. I said sure and I went in a room that ran through about 1/2 hour of commercials and shift was one of them. Only the shift commercial was 5 min long and you had to tell them which parts were interesting.

I told them in the thing I didnt get it now, and I dont get it then? shift_drive??? Shift_perception I get

http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1152265927210&call_pageid=968350072197&col=969048863851

Source: AP/Toronto Star

DETROIT — General Motors Corp.'s board of directors has voted to start exploratory discussions with Renault SA and Nissan Motor Co. on a potential alliance between the three companies.

In a teleconference meeting held Friday, the board authorized the company's management to consider the proposal and "weigh the potential benefits of such an alliance in order to assist the Board in its decision making," George Fisher, a member of the board, said in a statement.

Chairman and Chief Executive Rick Wagoner will lead the talks, which stem from a proposal by billionaire shareholder Kirk Kerkorian.

"General Motors has a lot of experience with different types of alliances and some have provided significant benefits to GM's competitive position and financial strength," Wagoner said in a statement. "We will enter into discussions with the managements of Renault and Nissan with an open mind — eager to hear their ideas of how an alliance between our companies might work to our mutual benefit. Given the complexity of any potential relationship, it has to be carefully considered on its merits before coming to any conclusion.''

A spokeswoman for Renault had no immediate comment on the GM board decision, and no one was available at Nissan for comment late Friday in Japan.

Kerkorian is pushing for GM to consider an alliance with Renault and Nissan in an effort to help the world's biggest automaker stage a turnaround and reverse its declining market share.

GM shares rose 65 cents, or 2.2 percent, to $29.85 in midday trading after the announcement. They have been trading in a 52-week range of $18.33 to $37.70.

Fisher, retired chairman and CEO of Eastman Kodak Co., said the board will monitor the talks and make sure they serve the best interest of all GM stockholders.

The Nissan and Renault boards each endorsed the discussions after Kerkorian's Tracinda Corp. disclosed the potential alliance in filings with the Securities and Exchange Commission June 30.

Wagoner said that when the idea of joining with Renault and Nissan was first suggested, he contacted Carlos Ghosn, chief executive of both Renault and Nissan, and the two agreed to meet.

"We periodically receive interesting proposals, and we owe it to the company and its shareholders to explore how they might work, and to objectively weigh the potential benefits and issues that each might present," Wagoner said.

Exactly. You cant' compare Nissian's problems during the early 90's and GM's of today. The companies are totally different animals.

Not only that, but what will be the lag time to catch up the Wagoner’s replacement?

GM can’t afford to lose months/years letting someone new learn all of Wagoner’s current processes and how to control day to day business.

I see nothing good with all of these recent announcements….

Its like we were so close to getting everything headed in the right direction…..

THEN……BAM!……a torpedo has hit our big ship!

Its like we were so close to getting everything headed in the right direction…..

THEN……BAM!……a torpedo has hit our big ship!or an iceberg.

or an iceberg.


I like to think of GM as a battleship….not the Titanic….the Titanic has some bad connotations that go along with it I don’t like being related to GM.:D :p

I just heard a rumor that kerk, gosn, and york like to suck each other off in their off time! Anyone heard about this. Just a rumor I heard.:p

^That's a really mature way of steering this conversation. Good job! Stop thinking with your heart and start thinking with your head. Tell us what it is about this idea that is so bad, rather than just making idiot comments like that.

^That's a really mature way of steering this conversation. Good job! Stop thinking with your heart and start thinking with your head. Tell us what it is about this idea that is so bad, rather than just making idiot comments like that.
You'll have to excuse me, I'm just a little pissed off about this abomination. It's dispicable, and sickens me. I have posted in every thread, in hopes that someone at GM will see the light and put an end to this :bs:. No the idiot comment is this, "hey wouldn't it be a great idea to hand over one of our greatest national treasures to a country who has stabbed us in the back every chance they get"!

I'm thinking to myself BM,BM BM,...who is BM...then it clicks "Bowel Movement".

You'll have to excuse me, I'm just a little pissed off about this abomination. It's dispicable, and sickens me. I have posted in every thread, in hopes that someone at GM will see the light and put an end to this :bs:. No the idiot comment is this, "hey wouldn't it be a great idea to hand over one of our greatest national treasures to a country who has stabbed us in the back every chance they get"!

Hey man, I completely understand how it's not a good thing. :)

GM is a huge part of Ontario's economy, so I'd hate to see it turn Japo-French myself.