GM told us all that the world would come to an end if they went under!
A lot of people said that if a business is not profitable, and is only run by greedy corporate fat-cats it should fail! All those greedy corporate fat-cats at GM said "if you let us fail," as if they had nothing to do with the billions in lost revenue, "the world economic machine will grind to a halt right at our feet."
I think they are bluffing.
GM needs to morph into some company that makes something people NEED, and is suitable for it's intended purpose and last longer than 3 minutes and 40 seconds.
General Motors, aka G.M. the people that thought the EV-1 electric car was a BAD idea and that the H2 Hummer was a GOOD idea, somehow think we should take advice from them.
If the Execs at GM were more concerned with producing a viable and salable product that people need and want and a bit less concerned about the company's stock price and their paychecks I think the company might have a chance.
Toyota, Honda and Nissan make reasonably priced, long-lasting, fuel efficient cars, and GM does not.
Lets let the people that do a good job at stuff (like making cars) continue to do that and have the folks at GM try to find something they are good at, like say short-order cooks on "roach-coach" lunch trucks that serve construction workers or scrubbing the graffiti of of New York city subway trains.
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2 comments:
With the economy where it is today is it very important to purchase something that you can count on and won’t let you down. The slightest equipment set back right now could be the difference between in business or the other.
I agree. We need stuff that is reliable and well-manufactured, if GM is good at making commercial equipment, maybe they should just do that and get out of the general consumer "car/SUV/truck" business.
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