In an interview morning on NBC's The Today show, GM's president and COO, Fritz Henderson proved that giving GM any money might be a great waste. Henderson was asked by Matt to respond to viewer comments that questioned GM not eliminating reduncy reflected between GMC / Chevy and Cadillac / Buick. His response: GMC and Chevy appeal to different buyers based on marketing survey. Even though a Silverado and GMC pickup looks identical, they appeal to different buyers. And Cadilac and Buick are different in that the former has cutting edge, aggressive styling and the latter has a smooth ride and looks different from a Cadillac.

Listening to that response, I could only shake my head. Here was an example GM leadership saying that the old business model still apply. Unlike the Toyotas and Hondas, they are not capaple or willing to develop streamlined brands that appeal to a broad cross-segment of the car buying population. Lexus' are only slightly different in styling from Camrys. And this practice is reflected in VWs/ Audi, and Nissan/Infinity.

So what's so special about GM? The first step of any bailout should be the resignation of these yahoos!

posted by 71.249.5...

• GM Leadership Proves It Has NO Clue.., Red93SEInBrklyn, Wed, 3 Dec 2008 06:09:05 <-- Viewing This Message
  • yes, both GM and Ford are idiots, ryan , Wed, 3 Dec 2008 20:24:17
    • At least Ford is solvent, patm, Thu, 4 Dec 2008 12:52:26
    • Re: yes, both GM and Ford are idiots, Red93SEinBrklyn, Wed, 3 Dec 2008 20:40:22
  • Not to mention Ford, patm, Wed, 3 Dec 2008 14:09:08
  • What about Saab's future?, dadunn, Wed, 3 Dec 2008 08:14:10
    • Saab is a money pit, Harry, Thu, 4 Dec 2008 05:03:01
    • Re: What about Saab's future?, Dan-O, Wed, 3 Dec 2008 08:30:47
      • Re: What about Saab's future?, TG, Wed, 3 Dec 2008 11:52:24
  • Are the US brand the only ones to re-badge?, Wasabi, Wed, 3 Dec 2008 07:18:11
    • Re: Are the US brand the only ones to re-badge?, TG, Wed, 3 Dec 2008 08:02:28
      • Re: Product duplicity is really what seems dumb, anthonySF, Wed, 3 Dec 2008 08:30:29
  • Re: GM Leadership Proves It Has NO Clue.., TG, Wed, 3 Dec 2008 07:00:08
  • Re: GMC and Chevy, Noel, Wed, 3 Dec 2008 06:39:00
  • Yep, AdamB , Wed, 3 Dec 2008 06:22:26
    • Re: Yep, KevinM, Wed, 3 Dec 2008 15:02:44
    • Let them die, turbocon86, Wed, 3 Dec 2008 07:19:07
      • sure, let 240,000 blue collar workers die, TimBrown, Wed, 3 Dec 2008 10:53:03
        • Use the money for worker retraining, pony, Fri, 5 Dec 2008 03:20:50
          • Re: Use the money for worker retraining, xhawksaab, Sun, 7 Dec 2008 06:04:51
        • Re: sure, let 240,000 blue collar workers die, TG, Wed, 3 Dec 2008 12:12:24
      • Re: Let them die, TG, Wed, 3 Dec 2008 08:10:07
        • My 2-cent rant. That's about all it's worth., turbocon86, Wed, 3 Dec 2008 12:54:07
          • Re: My 2-cent rant. That's about all it's worth., Noel, Wed, 3 Dec 2008 14:03:47
          • Re: My 2-cent rant. That's about all it's worth., TG, Wed, 3 Dec 2008 13:34:03

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