N.Y. Times: G.M.’s Secret Success - Page 3

*Mr. Wyndham* · 01-05-2009, 11:31 AM

Could this also be a chicken/egg issue? I mean; how did they start in Europe?

If I recall correctly, GM aquired all those brands in Europe (Opel, Vauxhall, etc)...I don't think they started them, if you know what I mean. That is where Toyota and GM differ globally. Now...in order to consolidate brands, they'd need to close down the current ones, and increase marketing of the 'new' brand. And I don't know about that. I look at Oldsmobile, and think it could do more harm than good right now. Maybe later?

fwiw; Chevy supposedly does very well in Europe, but it's marketed as a bargain-basement brand. Not the bargain-to-brilliant range like it is here.

Hylton · 01-05-2009, 11:31 AM

Quote:

Originally Posted by UCF w00t

ugh. They are!!!! He's already done more to merge GM and make it a more "global" company than anyone could have imagined. People thought he was crazy making the changes they did a few years ago. I think this was all discussed in "Saving GM".

See my previous post.

UCF w00t · 01-05-2009, 11:37 AM

I just used Lexus as an example of brands being different across the globe.

Dragoneye is correct, they were existing companies that were later purchased by GM. In the middle east, Chevrolet is the big brand. In South America, they have Chevrolet as well. In the newer markets, GM is using existing brands. But in the older markets where brands already existed, they have to sell what consumers know.

Hylton · 01-05-2009, 11:43 AM

Okay, I think I've reached my daily post limit. Good talking to you all.....

Justin · 01-05-2009, 01:36 PM

Quote:

Originally Posted by Hylton

I like him but Wagoner has to go. Todays successful global businesses need to be dynamic in a constantly changing world. Difficult to do when you have an "up from the ranks" guy running the biz.

GM needs an outsider who can bring new ideas and concepts into the company. Someone with experience managing a global company who has had to merge various international divisions while not impacting daily sales. Besides, should we really reward someone who is just fixing his wrong doings anyway?

The only part about this post that bothers me is that last sentence. What exactly has Wagoner done wrong?

Angrybird 12 · 01-05-2009, 02:45 PM

Quote:

Originally Posted by Hylton

This change can be well managed. Having the Buick name doing well in China is proof that you can have American brands recognized and accepted in other cultures and countries.

How come Volvo, Mercedes, Toyota, Honda and BMW do not rename their brands in other countries? Seems to work fine for them and think about the money they save by not having another brand burning up money.

The only reason Buick has done so well in China is because of they didn't have much of a choice in cars there and what they had was junk. GM moved in where there was a need for a quality car with Buick and that is why the Chinese ate them up... But they could have taken Chevy, or any other GM brand over there and done just as well... Toyota and Honda are now trying to jump in and build cars there... Give Credit where credit is due GM opened up a new market and now everyone else wants a piece of the pie, and who had the Idea to go there? Rick Wagoner...

Captain Awesome · 01-05-2009, 04:34 PM

Quote:

Originally Posted by Justin

The only part about this post that bothers me is that last sentence. What exactly has Wagoner done wrong?

Ummm... whatever the media says he did wrong... (DUH!)
[/sarcasm]

Angrybird 12 · 01-05-2009, 06:56 PM

Quote:

Originally Posted by Hylton

^ GM has 700 billion dollars of debt and is widely viewed as one of the worst run auto companies in the world. Anyone running any publicly traded company is going to be held accountable. Welcome to capitalism my freind. Your point is?

700 Billion??? Can I ask where you came up with that figure? I think that was the figure from the Bank Bailout. not GM....
Last I heard GM was 62 billion in debt and was not asking for it all in loans. So man where do you get your information from?
(sorry but your Dollar figure slipped past me in my first reply to your comment)

*The_Blur* · 01-05-2009, 07:29 PM

It's all Wagoner's fault that credit lines have stopped all leasing and financing of cars. Certainly, GM's CEO is responsible for all the troubles of the world. Let's kill the career of someone who transformed the world's largest automaker in an attempt to reconcile our own capitalistic sins. We, the consumers, have bought imported products and borrowed far more than we could pay, but it isn't our fault. Let's blame Wagoner.

And GM deserves to fail, too! With all of that debt that they are paying on time every month, they should be feeding every person in the world filet mignon and lobster. In fact, because GM exists, there is war, poverty, and communism. If we kill GM and its leadership, the world will be a better place.

Hylton · 01-06-2009, 08:01 AM

Quote:

Originally Posted by Skyman 08

700 Billion??? Can I ask where you came up with that figure? I think that was the figure from the Bank Bailout. not GM....
Last I heard GM was 62 billion in debt and was not asking for it all in loans. So man where do you get your information from?
(sorry but your Dollar figure slipped past me in my first reply to your comment)

62 billion is bank debt. GMAC has debt and bonds are also debt which has not been included in your 62 billion number.

NAHURRY · 01-06-2009, 08:12 AM

Agree to disagree!

Hylton · 01-06-2009, 08:44 AM

Quote:

Originally Posted by in a hurry

Agree to disagree!

That's what I figure but people seem to be getting CZ28.com desease around here lately. Pile on and shit on people because of their views.

Angrybird 12 · 01-06-2009, 08:48 AM

Quote:

Originally Posted by Hylton

62 billion is bank debt. GMAC has debt and bonds are also debt which has not been included in your 62 billion number.

GMAC is being seperated out of the total GM debt because GM only has a 49% stake in GMAC and is falling under other considerations as a finantial institution. It is getting it's own bailout, and it is not part of what the GM manufacturing portion is. So if the government does not include GMAC we cannot either, they have their own management, Wagonner does not run GMAC, Alvaro de Molina is the CEO of GMAC..

*The_Blur* · 01-06-2009, 08:55 AM

Quote:

Originally Posted by Skyman 08

GMAC is being seperated out of the total GM debt because GM only has a 49% stake in GMAC and is falling under other considerations as a finantial institution. It is getting it's own bailout, and it is not part of what the GM manufacturing portion is. So if the government does not include GMAC we cannot either, they have their own management, Wagonner does not run GMAC, Alvaro de Molina is the CEO of GMAC..

If we included the debt of every company in which GM has some sort of stake, the number wouldn't reflect GM's own debt obligations. GM has appropriate debt for its size. Many companies are worse off than GM when it comes to debt. Since GM no longer owns the majority of GMAC, it isn't one of GM's debt obligations.

01-05-2009, 11:31 AM	#29
Mr. Wyndham I used to be Dragoneye... Drives: 2018 ZL1 1LE Join Date: Jan 2007 Location: Buffalo, NY Posts: 31,873 View My Garage	Could this also be a chicken/egg issue? I mean; how did they start in Europe? If I recall correctly, GM aquired all those brands in Europe (Opel, Vauxhall, etc)...I don't think they started them, if you know what I mean. That is where Toyota and GM differ globally. Now...in order to consolidate brands, they'd need to close down the current ones, and increase marketing of the 'new' brand. And I don't know about that. I look at Oldsmobile, and think it could do more harm than good right now. Maybe later? fwiw; Chevy supposedly does very well in Europe, but it's marketed as a bargain-basement brand. Not the bargain-to-brilliant range like it is here. __________________ *"Keep the faith."* - Fbodfather

01-05-2009, 11:43 AM	#32
Hylton Drives: fanboys and ass kissers crazy. Join Date: May 2008 Location: Ottawa, Ontario Posts: 7,275	Okay, I think I've reached my daily post limit. Good talking to you all..... __________________ "BBOMG - More than just a car show.... It's an experience!"

01-05-2009, 07:29 PM	#37
The_Blur Moderator Drives: 2018 Harley-Davidson Street Bob Join Date: Nov 2007 Location: San Diego Posts: 14,768	It's all Wagoner's fault that credit lines have stopped all leasing and financing of cars. Certainly, GM's CEO is responsible for all the troubles of the world. Let's kill the career of someone who transformed the world's largest automaker in an attempt to reconcile our own capitalistic sins. We, the consumers, have bought imported products and borrowed far more than we could pay, but it isn't our fault. Let's blame Wagoner. And GM deserves to fail, too! With all of that debt that they are paying on time every month, they should be feeding every person in the world filet mignon and lobster. In fact, because GM exists, there is war, poverty, and communism. If we kill GM and its leadership, the world will be a better place. __________________ RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet// Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban

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01-05-2009, 11:37 AM	#31
UCF w00t Geek Drives: IOM 2010 Camaro 2SS Join Date: Oct 2008 Location: Orlando Posts: 4,451	I just used Lexus as an example of brands being different across the globe. Dragoneye is correct, they were existing companies that were later purchased by GM. In the middle east, Chevrolet is the big brand. In South America, they have Chevrolet as well. In the newer markets, GM is using existing brands. But in the older markets where brands already existed, they have to sell what consumers know.

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NAHURRY Love's to Detail Drives: 2010 SS,97silverado/08crewcab Join Date: Oct 2008 Location: Greenville SC. Posts: 1,421	Agree to disagree!