Long post guys bear with me [rant]
Lets disect this a little, these are points I know about:

Olds-lowest market share of any of GMs divisions. Crossover position not working. Still I would not have done it but hey GM has Saturn positioned there now so lets give it chance.

Delphi-GM still owns some of it I belive and they are still the primay electronics supplier for GM. What GM did spin off made it a lot of money so that is a win.

Hughes-1st off WHY is an Automotive company owning a satalite company? We can sell it to the guy who owns FOX and pocket a bunch of money and still own some, sounds good to me.

Detroit diesel-Cummins, right? So they sold off one company that builds diesels, and made money. Then they make a partnership with Izusu, Duramax, and make one of the best Turbo Diesels on the market, probably cheaper, easier to package. They get Izusu to also start work on smaller diesels for EU, which they don't need now that they have the FIAT diesels, but still good enough for GM Asia.

Daewoo-Are you NUTS!!! That was the BARGAIN of the Millennia in the Auto world. They got an ENTIRE company with design, engineering, manufacturing, distribution, for about $250M. That is WAY less than a single carline, like Delta, costs to engineer. You must not know sh*t about the industry if you don't think that was a GREAT deal.

FIAT-Horrible contract, really it SUCKED, but they did get a plant, diesel engineering, production capability for it. But who are we kidding it just SUCKED!

Marketing-Yeah it isn't great but if you have the right product you don't need to market. How many Mercedes E class commercials have you EVER seen on TV? How many in print? Nuff said. Could have been better but with better product bad marketing can be overcome.

Diminished profits-How much did Toyota pay in its last dividend payment? I bet about the same or slightly less than GM. Why because Toyota's profits go back to Japan where they go into cheap labor production for its small cars. Toyota is making money because the Yen is weak to the Dollar. They had an extra $6,000 in profit in small cars, Corolla size, than GM did with the J-body. If you look at who sells the most vehicles between $25,000 and $40,000 (midsize non Lux cars, and light duty trucks) GM kills Toyota. They sell a lot of small cars where they have profit and GM doesn't because they build with extra profit built in by the exchange rate. That is EXACTLy why Hyundai is on track to catch Toyota in the long run. They have an even better exchange rate AND lower cost labor.

Junk bonds-They have been there for what, one month? Give it time there have been times where ALL of the Big 3, yes counting DCX as American because while the profit goes overseas ALL the design and engineering is done in the US (Daimler just takes the profit and tries to get Mercedes afloat again), have been in WORSE situations.

BTW Buickman a 24 year old with NO car sales experience and NO Automotive working background has beaten you TWICE on points and you have been many more times in this thread. Instead of admitting your wrong you take off on another tangent. Be a MAN and admit when you are out gunned or out classed. I can do that if YOU can prove me wrong.[/rant]

Gone to FL for a week. I will check back later.

 

FYI, I am now General Manager and no longer "sell" like the old days. OK smart aleck, when you personally deliver more than 970 retail units in one year, let me know. Those who defend Wags are nothing more than blind followers. Don't like what I have to say, remember this, losers complain, winners make changes. At least I have the ***** to stand up and challenge the worst CEO in GM history. He's a loser. Follow him and keep losing.

 

I admit, I haven't read much of this thread as it's not very interesting, or constructive for that matter... but could the moderators please close it... I'm sick of seeing it bumped to the top of the forum.

 

AGREED!

This guy is just posting here and on other websites to try and get sales for an upcoming book he's writing. It has now become annoying.

 

Having called for Wagoner to resign, I expected the wolves to come after me. Ha Ha! I see right through you Rick.

 

That must be more of that "respect" you told someone else to show him a couple days ago.

 

It's now past the "tonight" you refered to... you addressed nothing for all the stuff posted in the last 2 days that really beats down a lot of your position.

Why is that?

 

Believe me, I have more to do than just this, as much as I enjoy the newly found friendships. What would you like to know? I'm all yours for the next hour.

 

Care to address the whole stock value information that was just presented here?

GM, while it has lost value in YOUR timeframe, has held a higher percentage of it's value in that timeframe that the other two domestic manufacturers.

Also, even almighty Toyota has had a significant drop in value over that time.

OBVIOUSLY, this is telling that external factors have a LOT to do with the whole industries problems, and that GM is no different than other manufactuers over this timeframe, and by direct comparision, has done fairly well at "damage control" when you look at the competitions value.

 

Toyota made enough last year to almost buy GM from their profit. I'm really getting tired of those of you who think Wags is all that. Face reality and get a life! Losers must enjoy defending each other.

 

True.....but it isn't a level playing field!

Ever see the tarriffs that the Japanese put on 'foreign' cars coming into their country?

No question there are huge problems facing GM and Ford.

now......who do you propose replacing Wagoner with????

 

Lutz, LaSorda, Dieter, Carlos, or a few others within who I won't jeapordize by mentioning by name.

 

So, again you sidestep the issue at hand. Don't want to talk about these numbers any what they show, eh?

Why do you not want to look at FACTS?

So I and others are "losers" now, because I am pointing out that it seems your "plan" has more holes in it that a brick of swiss cheese?

The only loser here I see is you... who apparently came to this site for a big ego stroke, but has received pretty much the opposite.

 

and besides the tarriffs on leveling what aboutthe nonunion factories..the list goes on..

Reds the only one thats not come in here and totally tried to disembowl the guy, and he should HIS job is more at stake than anyones here..hes more into this than us.,,not saying Reds backing buickman but think of it this way..
does anyone know if Wagoner has asked for help with solving GM? to me it feels like they are running GM like it was run 20 yrs ago and solving problems with 20 yr old solutions is not going to win in the new market..I would think GM would embrace any idea..not close the doors..

heck seeing that big thing on CNN about GMs problems made me go ohh crap it is big..and when you get to the bottom line the only thing saving GM's butt is selling cars nothing more..

Heck buickman if they dont listen to you forthe 20 steps tell them you would do it for free, if they dont work, then you pack your things and walk..but if just those 20 work..well then all the glory can be yours..

I think its GM having their heads stuck so far up their A$$ that they keep walking into walls..

 

Basically, I made that offer to GM. Initially, I wanted a commitment before sharing the details, had many meetings, emails, and phone conversations. We had a Mexican standoff. They said no deal without details. When LaNeve came into the picture, I went ahead and gave him the specifics upfront without commitment, taking a risk based upon the advice of friends who said he was to be trusted. Mark met with me at my Davison Real Estate office his first week on the job. We hit it off well. He said he needed time to "settle in", so I waited a month. We met for breakfast and reviewed The Plan in more depth. We made an "agreement" and everything looked good. The next week, he did the backstroke like Mark Spitz, leading me to believe someone (Wags) got to him. On May 1, I released the steps by email across the country and industry. Heard from LaNeve again, inviting me to his office to review The Plan with Pete Gerosa, Brent Dewar, and himself. After answering all their questions and addressing the concerns, I was told they would further consider and get back with me. Shortly thereafter, I was told The Plan would cause them to lose market share and that I was making their job more difficult. Now we have GMS for everyone and my calling for Wagoner to resign. Don't think there is much chance for GM and Buickman to work together. I'm working toward building support from shareholders, a certain large one in particular, building a grass roots effort aimed at pressuring management to at least "try" The Plan. I am, at this point, willing to work with the company, as you say "for free", in as much as foregoing anything upfront. I don't feel "guilty" asking for compensation upon success. Does that sound unreasonable?