The fact is, that GM is in the business of building cars... and the lousy
cars they've built for 30 years have caught up to them.
They've made some incredible boners along the way...
Pontiac Aztec?
Finally get the Fiero right and kill it?
Killing off the Camaro and Firebird instead of making them world class cars?
Killing off rear drive full size Impalas (when they owned the squad car
market)?
Any of their shoddy 80's product?\
The list goes on and on....
The market speaks, and they're losing market share.
Chrysler has great luck with some retro styled cars reasonably priced. GM? A
$50k pickup no one wants.
GM was once truly world class in engineering and styling... now more like
3rd class.
-----Original Message-----
From owner-spridgets at autox.team.net [mailto:owner-spridgets@autox.team.net]
On Behalf Of de Brebisson, Cyrille (Calculator Division)
Sent: Monday, November 28, 2005 10:26 AM
To: RBHouston@aol.com; spritenut@exit109.com; spridgets@autox.team.net
Subject: RE: GM going down, no LBC
Hello,
>Back when the UAW was pushing for better retirement, and GM was caving,
no
>one expected us Boomers to live this long. The retirement payout was
killing
>them. Of course one can say they should have managed better, and put
more of
>those billions of profit dollars they made when SUV's took off into
the
>retirement fund, but they didn't.
>Back in the late 60's one of the economics professors at my college
kept
>preaching that you can't pay $17.00 an hour and still have $.39 bread.
I guess
>he was right.
Welcome to capitalism :-) the marketshare will solve everything, isn't
it?
>I'm not taking sides here. GM was greedy, the unions were greedy, and
now
>the retirees are going to pay for it.
However, remember that the retirement funds are backed up by government
insurance, so we (ie: the youg ones) will pay for it in taxes... That
and the 500trillion debt...
cyrille
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