[frankthetank]

They have so much crap in all their different divisions. They should have followed the Japs and kept Chevy and then a premium brand (Caddy) a decade or more ago. Toyota/Lexus ... Honda/Acura ... Nissan/Infiniti ...etc. They should have seen this a decade ago that it works.

[Denny]

There are many GM execs who should be studying yet another Japanese technique right now - hari kari.

[Snowrunner]

$this->bbcode_second_pass_quote('Hogan', 'W')hen all else fails, blame the customers! GM couldn't make much profit on smaller cars. Big vehicles were their main money-makers.

[timmac]

From frankthetank ;

Quote:
ONG KONG (MarketWatch) -- Toyota Motor Corp. (TM:
is planning an overhaul of it U.S. operations following weaker sales in June, with the automaker likely to introduce additional production holidays at its Texas truck factory and two other U.S. facilities to trim output, according to a Japanese media report. Toyota is also planning to transfer some employees at its Indiana plant to other facilities and increase production at a facility producing the Camry sedan and other fuel-efficient vehicles, the Nikkei newspaper reported Thursday, without saying where it got the information. Toyota will also cut production at an automotive facility in Japan, which primarily produces vehicles for the U.S. market ,by about 10% this fiscal year, the report said. End of Story


Even the mighty Toyota is cutting output.


My reply about Toyota is the past 2-3 years they have increased the size of all there models,, the tacoma now looks like a fullsize truck the tundra looks like a fullsize on steroilds,, camary looks as if its a fullsize car and they also have much bigger motors and there over all mpg has gone down,, so if there sells are down its there fault,, I just bought a very clean low milage rav4 for my wife its a 2001 with a 2.0L 4cly,, the newer ones are larger with 2.4L,, It looks as if you need to buy better mpg you need to buy older models.....

[RacerJace]

$this->bbcode_second_pass_quote('Snowrunner', '.')....

If GM really wanted to do something though, why not start bringing Astras etc. over from Opel? They would need to get re-batched, but they could at least start selling them in short order and I don't see the demand for individual transportation go away any time soon in North America, the entire country is build around the car.

[eXpat]

General Motors scrambles to save $15bn as car sales plummet article here

$this->bbcode_second_pass_quote('', 'T')he Detroit-based manufacturer today announced that it is reducing its white-collar payroll costs by 20% through a two-year pay freeze and voluntary redundancies.

In a radical move which risks the wrath of unions, GM is scrapping healthcare cover for all its retired workers and for their families from the beginning of next year.

At the top of the company, chief executive Rick Wagoner and his fellow executives will get no bonuses for 2008 and their maximum cash compensation will drop by between 75% and 84%.

Shareholders, who have seen the value of their stock dive by 62% since the beginning of the year, will share in the belt-tightening as GM suspends dividend payments.

The belt-tightening is in response to the rocketing oil price which has deterred Americans from purchasing new vehicles and has particularly hit gas-guzzling trucks and sports utility vehicles which have traditionally been the strength of Detroit-based carmakers.

"We can't sit back and wait for US market conditions to improve," said Wagoner. "We need to continue to be proactive and to take tough actions to ensure our survival and success."

GM's shares, which slipped by 4 cents to $9.34 during early trading in New York, are at their lowest level since the early 1950s. Analysts at Merrill Lynch predicted earlier this month that the company could be forced to file for bankruptcy unless it finds more capital to tide it through a period of heavy losses.

[strider3700]

you want to see a jump in GM's stock? declare that the ev1 molds are being dragged out of whatever factory they are sitting in and that one of the truck factories will be changed over with expected production to begin in 1-2 years. It can and probably would be a flat out lie but it would probably jump the stock a few bucks.

[mos6507]

$this->bbcode_second_pass_quote('strider3700', 'y')ou want to see a jump in GM's stock? declare that the ev1 molds are being dragged out of whatever factory they are sitting in and that one of the truck factories will be changed over with expected production to begin in 1-2 years. It can and probably would be a flat out lie but it would probably jump the stock a few bucks.

[bodigami]

$this->bbcode_second_pass_quote('Denny', 'T')here are many GM execs who should be studying yet another Japanese technique right now - hari kari.

[Mesuge]

$this->bbcode_second_pass_quote('strider3700', 'y')ou want to see a jump in GM's stock? declare that the ev1 molds are being dragged out of whatever factory they are sitting in and that one of the truck factories will be changed over with expected production to begin in 1-2 years. It can and probably would be a flat out lie but it would probably jump the stock a few bucks.

[idiom]

Chevy is Saved!

$this->bbcode_second_pass_quote('', 'T')he Camaro will come in LS, LT and full-on SS specs and be available with 6-speed manual and auto transmissions. Under the bonnet sit fuel-efficient 296bhp 3.6-litre V6 and 416bhp 6.2-litre V8 engines, which can run on fewer cylinders to improve economy.

[cube]

$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('strider3700', 'y')ou want to see a jump in GM's stock? declare that the ev1 molds are being dragged out of whatever factory they are sitting in and that one of the truck factories will be changed over with expected production to begin in 1-2 years. It can and probably would be a flat out lie but it would probably jump the stock a few bucks.

[AlCzervik]

GM, Ford 'On the Verge of Bankruptcy,' Altman Says.

[emersonbiggins]

$this->bbcode_second_pass_quote('cube', '')$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('strider3700', 'y')ou want to see a jump in GM's stock? declare that the ev1 molds are being dragged out of whatever factory they are sitting in and that one of the truck factories will be changed over with expected production to begin in 1-2 years. It can and probably would be a flat out lie but it would probably jump the stock a few bucks.