The tragedy of general motors

Car sales in the U.

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Once a basketball player at Duke, he is tall and broad-shouldered, strong enough in fact to be at least metaphorically matched to the massive corporate weight he carries.

Suppose that repeats this year? Regards eng-tips, by professional engineers for professional engineers Please see FAQ for tips on how to make the best use of Eng-Tips Fora.

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As still another part of its new marketing program, GM is planning to cut back on its large-scale sales to rental-car companies, which not only buy at a sharp discount but also quickly flip their vehicles into the resale market and thereby hurt the residual values of GM cars. The company is even under investigation by the SEC for accounting sins, as yet unrevealed. A reporter needled him: "Bob, I miss those bad fits, those gaps, that you had a while back. Ignition switches are removed from cars in salvage yards and tested. Brand loyalty evolves from the stage of life where we might be miss spending our youth. I'm not going to be the guy that doesn't get this company going in the right direction. It is inextricably entangled in the bankruptcy of its biggest supplier, Delphi. Another way to do this is to sell off pieces that no longer are sustainable to someone who has the political ability to restructure them. Among the people escaping the entire GM flameout, it should be noted, is A. But the official was blocked by others in the department who didn't believe action was warranted. When he is asked about this scenario, Bruce Clark, a senior vice president of Moody's and its lead automobile analyst, turns very serious.

That would reduce GM's take. That could have been a problem because GM's general counsel sent a memo last May to a sizable layer of GM executives telling them--for reasons he left quite vague--that they should refrain throughout from either buying or selling the company's stock.

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To that sign of bondage, add another: GM's hourly and salaried employees, present and past, essentially own this company, a fact we will prove by describing some bank accounts. But it questions just how much GM would benefit. Given that a GM bankruptcy would no doubt put egg on the face of every board member, Lafley's departure possibly qualifies as Shrewdest Move by a Director in April 7: GM dealers begin making repairs on cars affected by recall. Despite all the trouble, it presents GM with an opportunity, says Dr. This time, when Lazard came back to the union, I think it may have said, 'Management is not exaggerating; in fact, things may be worse than it thinks. A GM engineer is assigned to look at Cobalt front crashes in which the airbags did not deploy, in order to identify common characteristics. That proposal is initially approved, but then cancelled.

At the least, the company is working to wedge Pontiac, Buick, and GMC into the same dealershipsunder the same "rooftops"--and to sell within them, for instance, only one minivan model rather than two.

I have this little sort of burden of history.

The tragedy of general motors

In that imbroglio, as in countless others, it is up against a formidable and sometimes militant union whose ability to accept the full reality of GM's problems is not assured. The essential partner is revenue growth--and as those losses in market share show, that has been the crucible for GM. Palthe can be reached by calling her office at Every day GM operates such factories, it expends more resources that could be redeployed elsewhere. Surrounding him were the usual suspects, miniature models of cars. It is far better for GM to reallocate sources now, while it is healthy, than to wait until it is trouble. A GM committee is asked to consider a recall of Chevrolet Cobalt and Pontiac G5 cars from the model year and earlier. At the end of the day, it's hard for us to get excited about that. Even used and 15 years old they're expensive. Maybe a superbike vs an everyday car, but apples for apples I doubt it. True, some people will say, "They had it coming to them. Success by GM in selling just over half of its finance subsidiary, GMAC, would help GM's liquidity--though that really wasn't the impetus for putting it on the market.

Is there anything optimistic to say?

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The Tragedy of General Motors