“It was on my fifth birthday that Papa put his hand on my shoulder and said, 'Remember, my son, if you ever need a helping hand, you'll find one at the end of your arm.'” Sam Levenson
General Motors, in trying to qualify for MORE federal aid (you can read my feeling on the subject here Eat What You Kill) is negotiating with Washington on the terms. Some of the changes they’re discussing include dropping the Pontiac and GMC lines and only keeping Chevy, Cadillac and Buick. They’re already trying to sell off Saturn, Saab and Range Rover. More terrible news for Detroit but my question is why has it taken so long? I mean over the past 20 years these brands have smerged into clones that you can only tell apart if you’re close enough to see the badge. If you can’t profitably make and service multiple, non-descript brands you need to eliminate them.
Good God, when WASHINGTON can see things more clearly than a once proud and profitable business you know things have gone to hell in a hand basket.
If companies don’t make ALL the moves necessary to be profitable and have satisfied customers (even if there are less of them) what will they have left when it ends?
I continue to be distressed that poorly run companies are being bailed out with tax dollars. Government advisors are having to point out the obvious to these guys who are trying desperately to make the most minimal move possible to get more handouts.
Really, it has to end. Until there’s proof that there’s genuine interest in them helping themselves the tax money should go to the people who are.
Are you making strong positive moves to stay healthy (if you are) or get healthy (if you’re not), or are you rearranging the deck chairs and hoping thing around you improve so you don’t have to?
Remember friends, hope is not a strategy.
General Motors, in trying to qualify for MORE federal aid (you can read my feeling on the subject here Eat What You Kill) is negotiating with Washington on the terms. Some of the changes they’re discussing include dropping the Pontiac and GMC lines and only keeping Chevy, Cadillac and Buick. They’re already trying to sell off Saturn, Saab and Range Rover. More terrible news for Detroit but my question is why has it taken so long? I mean over the past 20 years these brands have smerged into clones that you can only tell apart if you’re close enough to see the badge. If you can’t profitably make and service multiple, non-descript brands you need to eliminate them.
Good God, when WASHINGTON can see things more clearly than a once proud and profitable business you know things have gone to hell in a hand basket.
If companies don’t make ALL the moves necessary to be profitable and have satisfied customers (even if there are less of them) what will they have left when it ends?
I continue to be distressed that poorly run companies are being bailed out with tax dollars. Government advisors are having to point out the obvious to these guys who are trying desperately to make the most minimal move possible to get more handouts.
Really, it has to end. Until there’s proof that there’s genuine interest in them helping themselves the tax money should go to the people who are.
Are you making strong positive moves to stay healthy (if you are) or get healthy (if you’re not), or are you rearranging the deck chairs and hoping thing around you improve so you don’t have to?
Remember friends, hope is not a strategy.
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