... to "discuss actions the company is taking to align the business to current market conditions."
This should be interesting
This should be interesting
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General Motors to hold news conference Tuesday...
- Thread starter palenimbus
- Start date
Hmmm...
I think they need to whittle down the number of brands they sell.
Doesn't GM have Chevy, GMC truck, Buick, Pontiac, Oldsmobile (is this brand still being sold?), Saturn, Cadillac, maybe a few more.
Keep Chevy, Saturn and Cadillac and eliminate the rest, although the dealers wouldn't like it.
I think they need to whittle down the number of brands they sell.
Doesn't GM have Chevy, GMC truck, Buick, Pontiac, Oldsmobile (is this brand still being sold?), Saturn, Cadillac, maybe a few more.
Keep Chevy, Saturn and Cadillac and eliminate the rest, although the dealers wouldn't like it.
oldsmobile is gone..
But you forgot Hummer (of course) and saab, both which are selling like crap. Saab has been totally neglected by GM, I still have no idea why they own it in the first place. And Hummer's days are definitely numbered, it's the first thing that comes to peoples mind when you mentioned gas guzzler or c02 emissions.
But you forgot Hummer (of course) and saab, both which are selling like crap. Saab has been totally neglected by GM, I still have no idea why they own it in the first place. And Hummer's days are definitely numbered, it's the first thing that comes to peoples mind when you mentioned gas guzzler or c02 emissions.
Quote from stinkyfelix:
Hmmm...
I think they need to whittle down the number of brands they sell.
Doesn't GM have Chevy, GMC truck, Buick, Pontiac, Oldsmobile (is this brand still being sold?), Saturn, Cadillac, maybe a few more.
Keep Chevy, Saturn and Cadillac and eliminate the rest, although the dealers wouldn't like it.
Saturn has never turned a profit.
And eliminating Pontiac AND Buick seems stupid. They both have a loyal following. I do not see Buick buyers switching to Chevy. And Pontiac buyers are sportier car buyers.
Quote from TraderZones:
Saturn has never turned a profit.
And eliminating Pontiac AND Buick seems stupid. They both have a loyal following. I do not see Buick buyers switching to Chevy. And Pontiac buyers are sportier car buyers.
They need to sell Saab, sell Hummer, and better coordinate and build-on-one-assembly line for Chevy/Pontiac/Buick sales.
What they REALLY need to do is this:
1) eliminate a lot of their dealers to allow more competitive dealers to thrive
2) outsource ALL their manufacturing overseas to China/etc., which gets rid of ALL their union workers who seem bent on putting GM out of work
3) tell their retirees - "sorry, no more health benefits - go see Medicare"
4) Build a diesel/gas hybrid that gets 75-80mpg but still 2200 pound car with a safe frame and all the airbags (sorry, no 300hp engine - it is dedicated to HIGH MPG only) and only costs $15K. Within 2 years, it would be the bestselling car.
Quote from TraderZones:
4) Build a diesel/gas hybrid that gets 75-80mpg but still 2200 pound car with a safe frame and all the airbags (sorry, no 300hp engine - it is dedicated to HIGH MPG only) and only costs $15K. Within 2 years, it would be the bestselling car.
Yeah unfortunately they'd charge 20k just to cover health care expenses from those well negotiated UAW contracts.
btw I do own a gm product and will always do so. Born and raised in Detroit and I always buy American. But I hate the arrogance that plaques the way this company is run.
Won't buy another Ford, until Sr. sells the Lions and ends the futility (34 years of which i have been alive and suffering through).