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HomeOff Topics News & Politics › GM & Chrysler Have A New CEO
04-04-2009 01:01 AM  9 years agoPost 21
helo_chris

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goodlettsville, tn

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GM is in the shape its because of BAD leadership. How can ANY Co expect their employees to take pay cuts when the Execs are still lining their pockets and showin up in DC ALL in private corporate jets.
Will give you that a lot of it was bad management and no clear direction for the company. But a lot of the product line decisions that were made were because of costs, I have heard over and over. As for private jets, anyone who has done extensive business travel knows how expensive it can be to travel especially on short notice. I fault them for bad management, poor decision making, and being strong armed by the unions. When you consider the scope of it the whole private jet thing is overblown. Look into how many politicians travel commercial. And I dont know that I would say corrupt as much as stupid. For what you said, building cars that no one wants. You have to consider though before gas went to $4 a gallon they couldnt build those gas guzzling sleds fast enough. Cant really fault GM completely for that other than being short sighted.

"There is a fine line between cutting edge and bleeding edge.."

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04-04-2009 05:04 PM  9 years agoPost 22
cub2000

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Massachusetts

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I say we should let the nature take its course. Let them fail and use the money on something else instead of bailing them out. Automobile manufacturing isn't America's strength and it's time to admit it. It's a constant problem and American auto makers have struggled for too long. Just let the Japanese and others make the cars and we concentrate on other things we're good at.

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HomeOff Topics News & Politics › GM & Chrysler Have A New CEO
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