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Old 01-05-2009, 10:13 AM   #12
Angrybird 12
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Quote:
Originally Posted by Hylton View Post
Do you know it costs more money to keep things status quo than it does to make changes? Status quo has done far more damage to GM than the current economical downturn. 700 billion dollars is from restructuring? No way! It's obsurd for any company on the planet to think they can remain viable with that much debt. Take a moment to calculate how many cars GM must sell every year in order to service that debt. You'll quickly realize that even if they double car sales next year, they will still not be able to make money.
And what will getting rid of Rick Wagoner do to help this?
Like it says in the artical He has made many CHANGES since he has been there, how is that keeping the "Status Quo" as you say..
Quality is better, More Cars with 30+mpg than ANYONE ELSE makes. New technologies, new cars, closing plants, cutting management positions, Re negotiating UAW contracts. Nothing in business comes quickly. You cannot change what has happened in over 40 years in just a few months, NOBODY could ever do that.
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