Fall of a titan US carmaker General Motors goes bust
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Bwa ha bwa ha Bwah Ha ha ha!
LMAO!!!
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You built junk and forgot about the car buyer. Unions were greedy and worked like bs. The fat ass manaagers were arrogant and got their ass kicked. Ait'n no way they will come back. Here comes Rambler, Corvair, Gremleim
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Terrible Management, Greedy Unions and now Government Takeover.
RIP-GM
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GM needs to make cars that people really wants. With rising gas prices, they were still pumping out big SUVs. OY!
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fuck them let gm die off
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Fuck them......by by, they got what they deserved, i got a 98 gm, sits on the back yard broken down for the 5th time, fucking money pit, don't care, not gonna fix it anymore,my fucking Korean made KIA sephia outlasted that piece of garbage!!!!!!
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Its funny Russia is becoming more capitalist and the U.S, is becoming more socialist . Is there really a middle ground
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With bankruptcy, GM and Chrysler are now on par or better vis-a-vis labor costs including legacy costs with the American plants of Honda and Toyota. All the issues you have brought up have now been wiped out. But they still have dramatically overpaid executives who like their Wall Street counterparts talk big about competition, then go running home to Mommy for a handout (read Corporate Welfare) from the working class taxpayers.
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UNION Killed Them. They want contract salary increment, health care, pension and vacation. Do they care if this year the company is making money? And the pension , they get the pension till they or their spouse die, people live till 85 years old, they are getting the 65%+ of their last pay check for 20+ years. GM and Chrysler paying 6 person salary for 1 person to work. You can't really blame the management or those workers, it's the UNION.
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GM is a dichotomy: It has been innovative with prototypes such as the EV1. It has also built some real dogs.
It is wrong to blame the Unions. The Toyota Matrix and the Pontiac Vibe are both built at the same plant in Fremont, CA by US workers. Several Honda and Toyota models are made in the US. Ultimately, GM was run by highly overpaid executives who just got too fat.
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Hmm, this is sad news, I suppose...
BUT the new Nissan plant in St Petersburg is GOOD NEWS!
watch?v=WFBMF0DR5a4
seseljsrs 2 years ago 3
Evil Empire is falling.
igorvasilevsky 2 years ago 3