Quote:
Originally Posted by DeathChill
I'm not sure how you can try and ignore the SUV point.
"The mistake, again, was not having enough cars to supplement those."
This is not a small mistake. You can't put all your eggs in one basket and then complain when it turns out you picked the wrong basket. GM made a HUGE mistake in that regard and has continually made big mistakes.
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I didn't ignore it...in fact, as you see above -- I acknowledged it head-on. And I never said it was a small mistake. My point...as it ever has been...was that Wagoner is not this idiot fuddy-duddy that many make him out to be. That's what kills me. Do I think the company deserves a new direction, and a new vision? Hell Yes....but ousting Wagoner....it just burns me up because he didn't deserve it.
Quote:
Originally Posted by DeathChill
Rick Wagoner had EIGHT years to turn the company around and the company is still not doing well (the recession is obviously not helping, but lets be honest the recession only accelerated their problems). Any other CEO would have been ousted A LONG time ago.
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It was more like 6, because gas flew up like the space shuttle, and took everyone, including the ill-equipped GM off-guard (see? I acknowledged it again.
). From there on out, it was hit after hit after hit. The only reason they are in the situation they are in...was because they were vulnerable thanks to the ongoing restructuring costs.
I also want to take issue with the term "accelerated". Not a personal thing...others have said this, too. Is that to imply that if they weren't on their knees now, they would have been a few years from now? Nobody can predict the future, but that's just rediculous. Their cost-cutting programs were on schedule to allow them to turn a profit in 2008+. But when your sales get chopped down 30+%, and you don't have that income...it's hard to make
any money. Not to glorify anything, but they got caught with their pants down, trying to do the right thing.
Quote:
Originally Posted by bigralph
I'm sorry, but don't have evidence to back up my statement. To me it sounds like a government take over by firing CEO and board members, but what the hell I know. I just want my camaro like everyone else in here.
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Amen.....A-men.
Quote:
Originally Posted by Hylton
I don't work for free. Do you?
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"Never criticize lest you provide an alternative." ~ Anonymous
