Is GM Doomed????????
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Post Fiend
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From: Paradise Found!
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I say let them fail Take the money that we're going to loan to them anyway and never get back and use it to fill up the pension fund. At least that way the little guy doesn't get screwed out of his retirement.
One of them has got to go in order for the other 2 to have a chance. Sales numbers like they want are a pipe dream.
Mike
One of them has got to go in order for the other 2 to have a chance. Sales numbers like they want are a pipe dream.
Mike
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i hope not , Its the competition that keeps us getting better and better cars and trucks . Besides who wants to see one of our biggest car makers go . I bet everyone overseas is praying like hell to lose this giant , Then they can flick it at the american people more than they already do !!
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If any of the three fail, all three fail, and probably all the transplants, too. Automobile production in this country will probably end. So will our high standard of living. It will make 1929 look like the good old days.
The suppliers the every automaker in this country use generally supply more than one company. If they lose the the business from one many of the suppliers will fail and not supply the other automakers. That shuts down plants of everybody. It will be a major domino effect, and everybody goes down.
The suppliers the every automaker in this country use generally supply more than one company. If they lose the the business from one many of the suppliers will fail and not supply the other automakers. That shuts down plants of everybody. It will be a major domino effect, and everybody goes down.
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From: None of your business
If any of the three fail, all three fail, and probably all the transplants, too. Automobile production in this country will probably end. So will our high standard of living. It will make 1929 look like the good old days.
The suppliers the every automaker in this country use generally supply more than one company. If they lose the the business from one many of the suppliers will fail and not supply the other automakers. That shuts down plants of everybody. It will be a major domino effect, and everybody goes down.
The suppliers the every automaker in this country use generally supply more than one company. If they lose the the business from one many of the suppliers will fail and not supply the other automakers. That shuts down plants of everybody. It will be a major domino effect, and everybody goes down.
The USA is not just one company or one industry. We can't prop up failure forever. There might be some hard times, but we'll pull through.
Have any of you read some of the hypotheticals that GM needs to return to profitability? Read up on this.
GM's Dicey Recovery Plan - BusinessWeek
Mike
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Oct 7, 2004 12:52 PM