[lOKKI]

GM doesn't want to avoid bankruptcy.

How else are they going to get out from under their crushing insurance and pension costs that the unions have trapped them in?

[putupjob]

I think back at the Roger Smith years and what he did to this company to satiate his own ego. Now they're paying the price of the rash actions of that megalomaniacal egotistical goon.

[Brilliant]

No mention of the real problem--the fact that the UAW has tied management's hands.

[NoControllingLegalAuthority]

Of course, there's always the possibility of building vehicles people want to buy. They haven't done a damn thing with their pick-up trucks the last few years. They could build a retro Chevy (ala '57) or Camaro as Ford did with the retro Mustang.

They deserve to die if they don't get creative with their products.

[sittnick]

One of its brands -- Chevy or Pontiac -- should probably be scrapped altogether.

What th'...?!

I'm a mopar man m'self, but the very idea of GM scrapping Chevrolet?! It would be easy enough to consolidate lines at dealerships with no more expense than the cost of a different decal. I still don't believe the little Plymouth stickers put on half of the Neons really cost Daimler-Chrysler that much.

Let's see, scrap Chevrolet... we could have the Buick Corvette!

A little creativity please! Chrysler resuscitated the Jeep brand very nicely. It is too late for Plymouth and Oldsmobile. GMC and Chevy trucks are similar enough, but their buyers are different. Kill a line, lose dealerships to the Pacific Rim upstarts. There MUST be better ways to cut costs.

Of course, now that Chicom engines are getting put in some Chevy products, my sympathy has decreased. There must be better places to get cheap production.

[ALOHA RONNIE]

.

JOE HIGGINS:

Driver-GM's Chevrolet Corvair based MULE military truck on a hilltop in Vietnam-1966

http://www.lzxray.com/guyer_set1.htm
(See 2nd Photo)

Platform Engineer-Development of Chevrolet SSR Sport Truck-2004

.

[WilliamofCarmichael]

Didn't GM's chairman and CEO of GM China, Philip Murtaugh, "resign" recently?

Maybe GM should stop pouring billions into China until GM can stop the Chi-coms from stealing? Just a thought.

I don't think that the Chi-com's Chery Automobile Co is the only thief.

Yes, bankruptcy would be ideal. Pass those domestic employee expenses onto the backs of U.S. taxpayers -- doncha just hate the way government interferes with American capitalists?

Some government interference is good! More money for free tradin' transfer of technology, wealth, and production to the Chi-coms. Helps raise their boats -- and boy! do they have biggggggg boats. I've seen photos of the Chi-coms' boats.

[Mad_as_heck]

I worked at the General Motors Tech Center in Warren, MI about five years ago (as a contract employee) and my Dad worked for GM for about 25 years before that. "clueless" doesn't even begin to explain the sense of unreality and denial that permeates the management culture at that company. My department had 100+ people in it. After 3-4 years our projects were farther from completion then when we started.

If East Germany was a car company it would be GM. The company has been on a slow death spiral since about 1970. Every five years there is a new top-to-bottom reorganization that is supposed to fix things. Nothing ever changes. There is never a sense of urgency.

It takes something as big as GM a long time to die but I don't know it if has much of chance.

(And don't even get me started on the UAW- the rats and MSM have my blood pressure high enough already today.)

[cynicom]

Close the doors and make all their cars in China.

[G Larry]

Oh.....I thought they were going to start building cars that people wanted.

[Batrachian]

I won't pretend that I know how to save GM. Anyone can say that they should make better products at competitive prices. GM knows that, too.

The only thing I can say is that it should be a core business principal of every company in America to eliminate unions from their workforces at all costs.

Unions are parasitical organizations that have driven thousand of companies out of business and millions of jobs overseas. They know it, too, but they don't care. The union bosses have become fabulously wealthy doing nothing more than blackmailing companies, and the union workers are totally brainwashed.

They are poison, plain and simple, and they have to go.

[Gay State Conservative]

There are a few bold steps --including the scrapping of one of its brands

Until a few years ago,I saw far more Oldsmobiles in my neck of the woods than Pontiacs.....and far,far,far more than Saturns.

I think they chose the wrong division to kill off.

[Newbomb Turk]

Bring back the 1969 Camaro body style with todays technology. Fuel injected engine, rack and pinion steering, power windows, air and keep it under $20.000 so more motor heads could afford one.

The SSR is a cool retro type of vehicle but for $6000 more I could own a new Vette.

[woofer]

The company is bleeding billions,

GM has 25 billion in the bank. MSN doesn't know squat.

[ibme]

Shoot the designers.

GM used to produce some of the greatest designs.
Now, they are clueless and don't seem to care.

[ken5050]

It would take a dedcade to close a brand..the problem is the dealership franchise agreements..

Do some quick math..take the cash on hand, divided by the number of shares outstanding..compare it to the price per share..and you get an idea of what the whole shebang is worth..

[TheForceOfOne]

GM should go under and resurface as a new U.S. automaker less the unions.

[Our man in washington]

This past winter, I was in the market for a new car. I had about two grand worth of credits toward a GM vehicle, thanks to my long-time use of their credit card. I had bought a Geo Prizm back in 1993, and it had served me pretty well.

I went to the GM lots to find a good small car. I didn't care too much about design. I just wanted something that moved, got good gas mileage, was safe, and would last.

According to all the consumer magazines, none of the GM small cars were recommended buys. The main thing the GM lots had was the Chevy Cavalier, which hasn't been re-engineered in years. The dealer was willing to sell me a new Cavalier for $11,000. It looked liked business was slow.

I ended up buying a Toyota Corolla for $17,000. The technology on the Corolla was so much better.

It's not price. It's that GM doesn't even try to make a decent small car. Now that prices are up and more people want small cars, GM is going to have to get to work or be left behind.

[taildragger]

By the way...

I happened to hear Waggoner on local radio (950 WWJ) here in SE MI yesterday during his press conference.

He said something, I had not heard, he mentioned the Salaried ranks now (or will soon) have a Health Savings Account ( HSA) Option as part of their benefit options.

Folks this is big, at some point the Union will have to address this cost savings option as well.

It will kill them, DNC types having to adopt a RNC/GWB idea that made it in to legislation. They would rather have a root canal without anesthesia.