Why do we need GM? It's a hopeless dinosaur dominated by unions. Let it fail. A better managed and more efficient company will replace it. Sell its assets, settle the pension debt and say goodbye.
GM seems to still be a bit away from bankruptcy and if we'd take away a bunch of crippling corporate taxes and regulations, they'd be doing better than any foreign company.
If they can't make it, then they can't make it. I just hope that if that's the case, someone picks up the Corvette and the truck line.
The biggest problem I see is GM IS awfully proud of their products. They have a lot of high-end stuff.
GM is like alot of Old American Companys. To call them a Dinisour[sp]inmybook is correct. If they were a professional sports team they would of ceased to be years ago. Its sad to say they are a decade or so late in reacting to the problem of back-loading all the topheavy bennies for their retire's. You would have thought that they,of all people would know and understand the differance between a Caddy and a Chevy.
I've never had a problem with the quality of their products. However, that is limited to 3/4 ton pickups. I got so tired of Fords falling apart as fast as I could put them back together that they lost my business.
I understand. Ford sux too, IMO.. And example of why I hate US cars.. In mid 1992 I decided to try out the American cars again, Id heard they had improved greatly. I bought a 91 Buick Park Ave. with 33000 miles. In 2 months the manufacture installed battery went dead. The next month the alternator failed. Three months later the electronic distributor failed. Now what really pissed me off is this I went to an auto shop that specialized in electronic rebuilding, alternators, starters etc.. Im standing in the shop with the owner talking about how long it will take for the rebuild. He says about 3 days. I said man can you do it faster? He waves his arm over this 6 foot long 2 foot wide 2 foot high pile of alternators and said, all of these are in line first. I was shocked when he told me they were ALL the same alternator. They were not adequate for the cars that GM was putting them on and he even showed me documentation that GM had known this since 1985, but continued to install the same alternator!!! In the end I replaced 3 alternators before I got rid of the piece of crap. If I can help it Ill NEVER own another American car.
Most if not all alternators and related electronic parts for American cars are built in Mexico...really poor quality...you may thank Cafta...Nafta and all other aftas our administration is pushing!