“GM’s sales quarter by quarter keep sinking. The UAW killed GM and Chrysler. They will try to kill Ford next. It is the UAW’s nature to rob, leech and destroy. .”
I agree. I think the UAW will do all it can to destroy Ford. I have some Ford stock and I’m wondering if maybe it isn’t time to take my profit and move along.
I won’t buy a post take-over GM or Chrysler.
I was listening to two semi-lib NY’er local brokers on the radio pitching stocks. they were talking about how GM and Chrysler will eventually have IPOs and will do well because their costs have been reduced. I just laughed and knew they were Obama stooges.
GM and Chrysler are over - stick a fork in them. Mercedes (Daimler) could not turn them around. GM was making progress thanks to Bob Lutz who had also patched up Chrysler.
It is over for GM and Chrysler. Too much competition, UAW, too many issues now and they no longer have economies of scale.
UAW will try to destroy Ford.