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#11
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GM, Chrysler said to hold merger talks
ROFL!! GM has its share of winners, too. the 1990 or 1991 Pontiac LeMans.
Later on, they made a big version, called the Aztec. Somehow GM stylists mistook the reason people bought those ugly Japanese trucks (price, mileage) and figured they would incorporate those attributes (styling) into the GM line. What we got was ugly vehicles no one wants to buy. How Corvette escaped, I will never know. If I didn't have so many GM shares right now, I'd say let them tank. Then maybe, just maybe, they would have to clean out the deadwood management and get their act together. Nah, that would be too much like common sense, and there isn't a company in the US over 5000 employees today that has common sense running it. "CardsFan" > wrote in message ... > > They do make the Viper, although they also thought up the Crossfire. Ugh. > > AJM > '93 40th Anniversary coupe, 6 sp (both tops) > > |
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#12
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GM, Chrysler said to hold merger talks
On Sat, 11 Oct 2008 20:21:45 -0500, observer wrote:
> >What do you think about a Chrysler Corvette ? Well, the interior materials and design might get better? The current plastic job doesn't cut it for me... Hmm.. Corvette Z06 Corvette ZR1 Corvette SRT |
#13
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GM, Chrysler said to hold merger talks
On Mon, 13 Oct 2008 02:42:41 GMT, "Tom In Missouri" >
wrote: >ROFL!! GM has its share of winners, too. the 1990 or 1991 Pontiac LeMans. >Later on, they made a big version, called the Aztec. The Le Mans from that era was a Daewoo who was, at the time, looking to break into the US. If you think about it, a lot of the vehicles from that time period were not GM's, but rebadged japanese and korean cars. Think of anything with the name GEO and it was a rebadged something else as a GM attempt to stay in business. How did they get so far off the right track and into the wrong? Simple... Remember the old Porsche commercial when the Boxstes came out and the guy was driving the 550 Spyder and looking at the new, yet similar Boxster? "Holy Moley" is what they said.... Now imagine that from the guy who was in a coma and loved GM's... "When did a Nova become a FWD 4-cyl automatic rebadged Toyota Corrolla? What the hell did they do to the Malibu and Impalla?!?!" Yep, they did it to themselves. >If I didn't have so many GM shares right now, I'd say let them tank. Then >maybe, just maybe, they would have to clean out the deadwood management and >get their act together. Nah, that would be too much like common sense, and >there isn't a company in the US over 5000 employees today that has common >sense running it. Given the shares current valyue you might as well say let 'em tank... |
#14
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GM, Chrysler said to hold merger talks
"Tom In Missouri" > wrote in message ... > ROFL!! GM has its share of winners, too. the 1990 or 1991 Pontiac > LeMans. Later on, they made a big version, called the Aztec. > > Somehow GM stylists mistook the reason people bought those ugly Japanese > trucks (price, mileage) and figured they would incorporate those > attributes (styling) into the GM line. What we got was ugly vehicles no > one wants to buy. > > How Corvette escaped, I will never know. > > > If I didn't have so many GM shares right now, I'd say let them tank. Then > maybe, just maybe, they would have to clean out the deadwood management > and get their act together. Nah, that would be too much like common > sense, and there isn't a company in the US over 5000 employees today that > has common sense running it. I think the main reason is tying executive pay to short-term performance of the company. All they want to do is drive up the stock price in order to make the most bucks exercising their massive options and reserved shares. You do that by cutting costs (i.e. people and components) to the bone. Why think about the future when you can make centimillions and cash out in a few years, leaving the next poor schmuck to deal with the mess? This was done, they said, to tie the interests of the management to that of the stockholders. That sure worked out. AJM '93 40th Anniversary coupe, 6 sp (both tops) |
#15
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GM, Chrysler said to hold merger talks
On Mon, 13 Oct 2008 20:21:58 -0400, "CardsFan" > wrote:
> >"Tom In Missouri" > wrote in message ... >> ROFL!! GM has its share of winners, too. the 1990 or 1991 Pontiac >> LeMans. Later on, they made a big version, called the Aztec. >> >> Somehow GM stylists mistook the reason people bought those ugly Japanese >> trucks (price, mileage) and figured they would incorporate those >> attributes (styling) into the GM line. What we got was ugly vehicles no >> one wants to buy. >> >> How Corvette escaped, I will never know. >> >> >> If I didn't have so many GM shares right now, I'd say let them tank. Then >> maybe, just maybe, they would have to clean out the deadwood management >> and get their act together. Nah, that would be too much like common >> sense, and there isn't a company in the US over 5000 employees today that >> has common sense running it. > >I think the main reason is tying executive pay to short-term performance of >the company. All they want to do is drive up the stock price in order to >make the most bucks exercising their massive options and reserved shares. >You do that by cutting costs (i.e. people and components) to the bone. Why >think about the future when you can make centimillions and cash out in a few >years, leaving the next poor schmuck to deal with the mess? > >This was done, they said, to tie the interests of the management to that of >the stockholders. That sure worked out. > >AJM >'93 40th Anniversary coupe, 6 sp (both tops) > I hope someone with a "brain" and who has a clue about cars has the sense not to pursue this. I thought Diamler AG owned Chrylser these days. That's all GM needs is some designer input from Chrylser...to help them loose market share. GM needs more "car" peoeple rather than bean counters. Its obviious that GM has not kept its eye on the marketplace, or there would not be such a huge influx of foreign competition. I don't know were GM has room to move, given its huge labor costs, and retirement benefits. Be nice if GM could buidl and bring to the market a selection of very fuel efficient cars. American made....not where GM stamps their name on a foreign made product. GM needs to clean up it's own organization before they start trying to buy someone else and acquire their problems as well. GM+Chrylser= something "ugly"... ----------- Elbert |
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