So what does GM/Chevrolet look like in late 2009?
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From: Melbourne, Australia
I wish I could be as optimistic about GM and Chrysler's post bankruptcy future. Sadly, it seems the majority of Americans look upon these companies with contempt and will not consider their products.
http://www.freep.com/article/2009053...U.S.+aid+to+GM
http://www.businessweek.com/magazine...ge_top+stories
http://www.freep.com/article/2009053...U.S.+aid+to+GM
http://www.businessweek.com/magazine...ge_top+stories
If the new GM deliver great product, then those beliefs will turn.
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From: New Orleans, LA
[QUOTE=JakeRobb;5982091]The first financial responsibility "New GM" has to meet is to buy itself back from the government.QUOTE]
they wouldnt let banks buy themselves back even when they were forced to take the money. you think they will when a company needed the money? i hope your right. i dont trust a single god dam thing that is going on right now. i just hope ford is smart enough not to take a penny from obama. or they will give their company away. just like gm did. gm should have gone ch 11 back in nov and just got rid of the unions. now they own them
they wouldnt let banks buy themselves back even when they were forced to take the money. you think they will when a company needed the money? i hope your right. i dont trust a single god dam thing that is going on right now. i just hope ford is smart enough not to take a penny from obama. or they will give their company away. just like gm did. gm should have gone ch 11 back in nov and just got rid of the unions. now they own them
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Joined: Nov 2000
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From: Chicagoland IL
I agree 100%, Charlie.
GM's (and Chrysler's) reorganization is based on no substantial changes in the volume of sales from the current level here in the midst of a recession. Throw a decent economic recovery and there's the potential for a pretty huge turn around with a new "lean, mean, quick responding" company.
Of course, there are those who are still mentally stuck on the government steping issue. But it isn't even worth debating those knuckleheads. If they can't comprehend that GM would have been dead months ago without federal funds, and that it was GM's buracracy that exasperated and accelerated them getting into this position, it's pretty pointless in convincing them that GM will wind up in a killer turnaround position and have better vehicles to boot....
.... as long as the economy turns around.
GM's (and Chrysler's) reorganization is based on no substantial changes in the volume of sales from the current level here in the midst of a recession. Throw a decent economic recovery and there's the potential for a pretty huge turn around with a new "lean, mean, quick responding" company.
Of course, there are those who are still mentally stuck on the government steping issue. But it isn't even worth debating those knuckleheads. If they can't comprehend that GM would have been dead months ago without federal funds, and that it was GM's buracracy that exasperated and accelerated them getting into this position, it's pretty pointless in convincing them that GM will wind up in a killer turnaround position and have better vehicles to boot....
.... as long as the economy turns around.
Don't get me wrong Guy, I find it highly disturbing that our current government has an appetite for socializing segments of our economy - including the auto industry.
Furthermore, I'm also disgusted at GM's leadership over the past 20 years, the UAW's over reaching, and the astonishing loss of nearly 90 Billion dollars by GM in the past 4 years.
Putting aside my concerns about the current administration's motives, GM needed to reach this point. GM's culture needed to be nuked because it was FUBAR. And this is what it took for that to happen. I just hope smart, vital people take over and the government bureacrats don't poison the process.
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From: Annapolis Md. USA
IF and I mean a big IF GM turns around and is fast to produce great products that people want, and are able to keep their designs fresh, then GM has a great chance of coming back as a great car company. If they have even 25% of their past ways of doing things, they will fail. They need a total change from how the product is developed ..to keeping the bean counters from picking apart a new car to where it is not competitive.
Question, are they cleaning house on the BOD of GM? Or are the current idiots still in place?
Last edited by 2MCHPSI; May 31, 2009 at 08:59 PM.
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From: Melbourne, Australia
Don't get me wrong Guy, I find it highly disturbing that our current government has an appetite for socializing segments of our economy - including the auto industry.
Furthermore, I'm also disgusted at GM's leadership over the past 20 years, the UAW's over reaching, and the astonishing loss of nearly 90 Billion dollars by GM in the past 4 years.
Putting aside my concerns about the current administration's motives, GM needed to reach this point. GM's culture needed to be nuked because it was FUBAR. And this is what it took for that to happen. I just hope smart, vital people take over and the government bureacrats don't poison the process.
Furthermore, I'm also disgusted at GM's leadership over the past 20 years, the UAW's over reaching, and the astonishing loss of nearly 90 Billion dollars by GM in the past 4 years.
Putting aside my concerns about the current administration's motives, GM needed to reach this point. GM's culture needed to be nuked because it was FUBAR. And this is what it took for that to happen. I just hope smart, vital people take over and the government bureacrats don't poison the process.
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Joined: Mar 2005
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every GM product released with critical acclaim sees large share increases, and continued sales prowess well into thier lifecycles. see CTS, malibu, enclave, acadia, tahoe, all for examples of this. these cars are not primarily fleet, and are high ticket, high style, image vehicles for the average consumer. GM can win the consumer with desirable product that is good to look at and be in while being smartly engineered and featuring class leading performance.
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From: Albany, NY
Which makes it hard for an independent GM to compete. The foreign companies would love nothing more than for GM/Ford/Chrysler to go away so they could eat up all the market share in the biggest wealthiest car market in the world (for now).
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From: Melbourne, Australia
The strong US economy has withstood pressures from developing nations for decades... until now. So why let the other nations/automakers succeed at the expense of an American icon(s)?
You don't. You fight back.
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Joined: Nov 2000
Posts: 16,176
From: Chicagoland IL
Here you go guys. Just a sample of what government run auto companies produce:
Anyway, I'm hoping for the best. Eventhough I read the word "Green" abit too frequently in the flurry of press releases today....
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From: Melbourne, Australia
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