Henderson Details GM Survival Plan

Restructuring effort that goes 'deeper and faster'

GM CEO Fritz Henderson

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Renegade

Why this new strategy makes me think at a porn movie, and please guys, put other picture with Henderson, that tie it's really ugly.

April 13, 2009 12:18 pm

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1 reply

alamak

not sure if the plans will work, but I'm pretty sure most will agree that that is really one hideous looking tie.....LMAO

April 13, 2009 12:54 pm

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joshg_5

I don't know... GM should start by building some good everyday cars other than a select few sports cars.

April 13, 2009 12:21 pm

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Michael

What about Opel/Vauxhall? Which of the companies will join? Or it has already been found a buyer for it?

April 13, 2009 12:24 pm

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BENZian

GM Europe operates seperately

April 13, 2009 12:51 pm

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Siawa

I was at Autoshow last night and quite frankly 98% of the visitors were around European/Asian car booths. This shows how much even Americans are interested in American Cars.

April 13, 2009 1:49 pm

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hata0101

again & again...it's been said over & over again! this so-called "reconstruction plan" has been mentioned for a long while...are they "implemented" or start implementation yet? any "actions" taken so far? UAW & bondholders agreed to any of the concessions yet? plan won't work if they're not put them in ACTIONS! come on! American cars are looking at the tail lights of European & Japanese cars already, & cars from South Korea (even China) are approching & have been seen on your rearview mirrors or next to your shoulders!

April 13, 2009 4:15 pm

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abey

what about holden? I'm pretty sure they make a profit. will they be put with GM Europe? if they do that then will they still be able to share parts and cars as they do now?

April 14, 2009 2:53 am

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thamzn

It was reported last year that GM was losing about a billion a month. 60 billion debt means at least five years to turn things around first by stopping the bleeding, breaking even and THEN to start making money. "Deeper and faster"? Doesn't sound it to me.

April 14, 2009 6:27 am

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9TNine

I don't think it'll work... BUT I'll be pleased if it did!

April 14, 2009 11:11 am

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radmeister

Saturn will die, hummer will die. Saab will come out of this on top if they can find a buyer, they are just like Opel. Come on VW Group buy SAAB, you know you want to :p

April 14, 2009 12:22 pm

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1 reply

skychao

lol iunno about you, but i really dont see the appeal of saabs. nor do i see many on the streets, they're overpriced, they dont look the best, they dont drive the best i really dont see the point. its like a premium brand without the name and quality. just an overpriced average car.

April 14, 2009 1:15 pm

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genie

Abey, firstly Holden haven't posted a profit since 2004, and secondly they barely rate as anything more than a brandname as they only develop one model, the Commodore. The rest of the range are rebadged Daewoo's which are outclassed in all segments they sell in. Thats why they don't mention Holden, they are irrelevent, however that obscurity may save them from the cull.

April 14, 2009 10:00 pm

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TheAlchemist

"survival plan" more like a cop out. Stop spend my(tax payers) money, Fu(%!

April 15, 2009 3:35 am

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James2911

I don't like Holden much either, unlike many Australians, but to be fair not all their cars bar the Commodore come from S Korea. The Colorado is imported from Thailand and the Astra from Belgium. The Commodore's not a particularly great car, but I thought it would have done better as the Pontiac G8, competing against the American junk in its class.

April 15, 2009 2:13 pm

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