Let me take over GM...

[Joe]

http://www.bloomberg.com/apps/news?pid=20601103&sid=asaMazI74544&refer=us

Looks like the UAW is on board. Hopefully they continue to give a ltitle

[rskrause]

I completely disagree that GM quality is behind the imports. Data such as J.D. Power, etc. bears me out. It’s a perception no longer based in fact. The long term problem they have is NOT quality, it is their labor costs, over $70/h salary and benefits for blue collar employees. You can’t make a profit in the world market with those kinds of costs. Short term, all the manufacturers sales are down and GM just doesn’t have enough cash in reserve.

[OriginalSterm]

@rskrause

I completely disagree that GM quality is behind the imports. Data such as J.D. Power, etc. bears me out. It’s a perception no longer based in fact. The long term problem they have is NOT quality, it is their labor costs, over $70/h salary and benefits for blue collar employees. You can’t make a profit in the world market with those kinds of costs. Short term, all the manufacturers sales are down and GM just doesn’t have enough cash in reserve.

True statement.

Unfortunately, perception does not have to equal fact. Sour a consumer once or twice and it’ll take an eternity to convince them a product line has improved.

[system]

@OriginalSterm

Unfortunately, perception does not have to equal fact. Sour a consumer once or twice and it’ll take an eternity to convince them a product line has improved.

Pretty much.

I don’t see chrysler/dodge/jeep making it out of this. I bet toyota/honda purchases their plants and does away with their autos. Maybe use dodge trucks design.