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Bankruptcy's inevitable
Posted by pony [Email] (more from pony) on Sun, 22 Feb 2009 14:23:50
In Reply to: What if the autos go bankrupt?, steve, Sun, 22 Feb 2009 11:32:52
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Question is whether it's an 11 or a 7.
Absent some massive protectionist legislation, GM needs to readjust its labor costs. There's no way it can be competitive the way it is. It's like playing baseball in an aluminum bat league with a wiffle ball bat.
Not that its management has helped much either. I would basically boil the company down to its 5 best vehicles and throw the rest away.
Saab would survive best as a niche brand of the uber-intelligent.
posted by 67.86.173...
Posts in this Thread:
- What if the autos go bankrupt?, steve, Sun, 22 Feb 2009 11:32:52
- I vascillate on this all the time., Noel, Sun, 22 Feb 2009 16:26:17
- Re: What if the autos go bankrupt?, supryze, Sun, 22 Feb 2009 14:48:06
- Bankruptcy's inevitable, pony, Sun, 22 Feb 2009 14:23:50 <-- Viewing This Message
- Trickle down companies, patm, Sun, 22 Feb 2009 13:08:09
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