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Wagoner steps down from GM on Obama's insistence
March 30, 2009
Bemen:
I own an injection molding company that has supplied ALL of the auto companies since 1977. I have been in these auto plants and launched numerous programs for this industry. I think I know a bit about the industry and where the problems exist.
Wagoner steps down from GM on Obama's insistence
March 30, 2009
Are you kidding me? Wagoener has been responsible for numerous cars being rated number one in thier car class. He has scaled back thier cost structure in a major way.
All Obama is going to do is coddle the union and force GM to make "green" cars that nobody is buying. Just ask Toyota (by the way Toyota has asked for 2 billion in bailout money from thier government).
The problem is the legacy cost the union forced on the car companies but threatening striking and shutting down production. Obama has no idea what he is doing. He is trying to use the car companies to further his agenda, Global Warming policies and helping the union at the expens of the industry.