Why are you wasting your time? GM is in a death spiral of is own making, propped up only by our money. George Bush should have refused to give it a penny. Obama should have too, but he did the next best thing: he lopped off the useless, cluless management which had done nothing of value anyway and was a captive of the UAW. Then he gave it to the people that owned it–the UAW and kept a piece for the taxpayers.
GM is a joke: People over know GM as poor workmanship, bland design, indifferent service, small tires, and unreliable parts. All made by sloppy, indifferent, benefit-crazed UAW workers whose idea of quality control is to let the customer fix it. Supervised by passionless CPA’s who were let out of the pen and into the executive suite.
People under 50 know GM as those cars that pull up next to you rattling. What you drive when you can’t afford better. Maybe OK for a Suburban driving mom, an Escalade Dad, or corvette son who likes a plastic car with no trunk.
Everyone knows them as the boxy, poor-suspensioned cars you get when you rent. Underpowered. Poor features. The car that makes you really appreciate your car at home.
GM can’t stick with any advancement: The Electric Car, the Saturn, the cadilac sports car from the 80′s…all given up when the going got hard. Its marketing is pathetic: instead of “See the USA in a Chevrolet,” and “Rocket 88″ engines, we get pictures of showrooms and bland cars. And since owes so much to so many who do so little, it can’t spend to upgrade cars, or really market their pieces of junk.
GM’s “management” were gutless, spineless, insightless people. Fools. Unable to fix any of their problems, they thought they could take taxpayer money to subsidize their incompetence and Gulfstreams and stay in control. Who will buy its bonds now? What smart “car guy” will want to work there when he can go to Toyota or Nissan? Stop wasting your time on this compnay. If it survives as anything other than a nuisance, it’ll be a miracle.
