GM Buyouts Announced

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Comments (10)

 Joe_Limon Joe_Limon
With those kind of wages, it isn't a wonder why GM is finding it hard to compete with foreign companies.
February 12, 2008 2:44 pm
 radmeister radmeister
wages rnt y gm's sales are so low. it's the stuff they are trying to sell off as cars. I feel there is another strike coming up and some more plants closing.
February 12, 2008 3:08 pm
 gmfan09 gmfan09
Clearly in the recent past GMs products were weak in comparison to other auto makers but they have been in the right track with their recent vehicles that can be denied. Wages, retirement and all that crap aren't the only reason GM is struggling but is is a very big problem and it needs to be fixed if GM is to become profitable again. The problems run deeper than just product which they are doin a damn good job of fixing.
February 12, 2008 4:42 pm
 Joe_Limon Joe_Limon
What are you talking about, for mid range cars and trucks, GM lies on top for many North American's. I like many people would prefer a new Grand Prix over a new Corolla or Altima. Same goes for smaller car's in the GM line up.
February 12, 2008 6:00 pm
 radmeister radmeister
The problem lies in the fact that 10 years ago and going back 80 years GM and Ford were doing fabulous and they expanded their companies too much in my opinion, they were doing stuff inefficiently both financially and labour wise, they simply didn't care because they were making such huge profits and could afford to offer amazing benefits and wages to 400,000 employees. Now they simply don't move enough product to support their huge infrastructure. Wages are not the problem and that is something they still wont be able to change because they are on par with any other manufacturer and the union will strike over it. The biggest portion and cash drain of GM is scattered throughout NA where as their profit producers are across the ocean in europe and asia. They need to start selling product and downsizing, move to more advanced methods of production and more outsourcing for manufacturing and replacing less of their retiring work force. What we need to see is more cars like the saturn/opel Astra. My question is why did it take GM so long to bring that car over when it has been a success in europe for so long?? Why does Ford not bring some of their european models over the ocean?
February 13, 2008 1:45 am
 joshg_5 joshg_5
Well, GM is having a lot of trouble, but only because of their product in the past decade or so. The future is definitely looking better for them compared to companies like Ford, and are comparable with Dodge/Chrysler. Saturn and Pontiac will be carrying GM through the next decade, though Chevy is coming through with some nice new products. Bottom line, a better car is all that is needed, and Saturn has it.
February 12, 2008 5:25 pm
 trailer trailer
Making cheap looking cars in Korea is not a solution, on the contrary. At least, they should not name those Chevy.
February 12, 2008 5:33 pm
 trailer trailer
In addition, we have all been waiting for a powerfull diesel Opel/Vauxhall Astra sedan which came out powered only with a 1.3 cdti. Does anyone also know any car being tested so long like Insignia?
February 12, 2008 5:39 pm
 carcrazy1234 carcrazy1234
why doesn't GM listen to the market anymore?? seriously... europeans and especially japanese automakers have been doing it for years... EFFICIENT, LESS WEIGHT, AND SAFER cars instead of heavy, bulky, SAFE non the less and still not as efficient as a japanese product or some euro products smaller, safer, lighter, more efficient new model range much??? start not or your done for especially with gas running out in the world
February 13, 2008 1:08 am
 joshg_5 joshg_5
Gas IS NOT running out in the world, there's plenty to go around for quite a while. That's just being said so the Middle East Sheiks and the US government can make more money!!!!!!!!!
February 13, 2008 5:55 pm