[Zabo]

Originally Posted by xl1200r

The development of fuel effecient vehicles doesn't mean a halt to not-so-fuel effecient vehicles.

BTW - GM is already working on this... enter the Volt.

Actually, I see the Volt being the final nail in the coffin of a "I dun wanna go Chpt. 11" GM. $40K for a car that honestly does little to no better than the failure that the Prius has become won't help them as much as the Camaro could.

IMO, they SHOULD go bankrupt. Why?

1) Shed 'bad debt' debt which hampers operations.

2) Give them an excuse to force the executives to actually take a step back and see what limbs they need to hack off to save the rest of the ill body. If they refuse, they forfeit their jobs. IF they are doing this now, then disregard 2. Keep up the good work then.

3) Chpt. 11 isn't necessarily a bad thing as many people think. What the nation really needs is an education lesson on what Chapter 11 bankruptcies do to companies. Look at United and how it sprang back from the crapper after '02.

"As of July 31, 2006, United is the world's second largest airline by revenue-passenger-miles (behind American Airlines), third-largest by total operating revenues (behind Air France-KLM and American Airlines), and fourth-largest by total passengers transported (behind American Airlines, Delta Air Lines and Southwest Airlines). United has 56,000 employees and operates 433 aircraft.

On February 1, 2006, United emerged from Chapter 11 bankruptcy protection under which it had operated since December 9, 2002, the largest and longest airline bankruptcy case in the history of the industry."

Chapter 11 works people, Chapter 11 works.

4) Axe half of the stateside brands that are just redundant (Pontiac, Saturn, Hummer, US Buick, GMC as a noncommercial entity). Chevrolet (No SUVs or Silverados), Cadilliac(No SUVs), and GMC(Exclusively Commercial Vehicles - SUVs go here!) would be their bread and butter units in the United States. The plants left over could be used as future production facilities for more advanced 'green' vehicles, retaining the jobs there. Others could be retooled into research plants outside of Detroit as 'Field Research/Marketing Centers' Where people could have a more active role in designing cars in the corporeal that they'd like to see in the future rather than participating online.

Over all, I am thinking that like the Aviation Industry is trying to do; the Auto Industry needs to have a civilian oversight board to help them see what the public wants which would MAKE them money rather than them always playing catch-up.

Think about it, if GM actually was ahead of the game more than it could be already, then they'd make a killing being the prophets of the auto industry rather than the likes of other overseas companies.

This is only a 21 year old brat, yammering here; mind you. So I could be gravely wrong.

*I am in no way saying Lutz or other executives in GM are bad, just that they may have their priorities crossed saving the company as as a whole this moment. Also, if we had more people like FBod...

Also, cut the Unions loose. Seriously.. this is nation wide too. All Unions in all ends of the American Workforce (Food/Commerical, UAW, Pilots Unions, Mechanics Unions) should be suspended because all it's doing IMO is more harm than good at this point rather than it has in the past. All they've become is a vessel of pride rather than the workers protection that they were designed for from the start.