Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

GM-VM - 3 Months to Bankruptcy

Loading...

Sign in or sign up now!
1,985
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Nov 9, 2008

GM-VM - 3 Months to Bankruptcy.
I worked for a supply park for VM as they were our customer, and I took voluntary Redundancy back in 2006. Take this warning seriously.

Category:

Autos & Vehicles

Tags:

License:

Standard YouTube License

  • likes, 1 dislikes

Link to this comment:

Share to:

Top Comments

  • The problem is that while Toyota and Honda can weather the storm since they got enough reserve capital, GM and Ford have been running on speculation much like the banks, betting all their cash into fruitless ventures. If the government's going to bail out Detroit, it should also make stipulations for the companies to revamp their business plan and stop gambling. Gambling with loan money is the root of this whole economic crisis

  • they want to burn taxpayers money instead of theirs !

    CEOs want to keep their lifestyle so they want us to pay for it !

see all

All Comments (40)

Sign In or Sign Up now to post a comment!
  • toyotA has a jobbank they paid there works at the texas truck plant .for almost a year when they was down a shift.the jobbank is for when a plants down for a while the company think its cheaper to keep people employed that hireing and retraining new people.plus.could you think what kind of junk would.be made with all new people l

  • @AJstar9 Hey I did look it up. Toyota workers on average make 7 to 9 dollars less, which is still prety good. But they don't offer a crazy job banks program like GM workers get! And GM workers make more than firefighters at FDNY. Thats just stupid and crazy!

  • @shaggyjam toyota sucks the recalls are still coming ford just got jd power car and truck of the year

  • @2626050000 hey look it up toyota workers make the same as us

  • @dpnmnwgo ford is out selling toyota now

  • @dpnmnwgo i think the pinto was 30 years ago.toyota is killing people today

  • @dpnmnwgo hey ding dong we dont make $70 a hour the reason they in this mess is they spend billions on hummer,jag.vovo and a lot of investments didnt [pay out

  • I feel that I and the rest of this nation would be much better off if we move in a direction away from the Big 3 and its UAW. Let them drown in their own greed and errors.

    The cost to keep this industry afloat exceeds its own benefit to us. Therefore it must go down along with any others who refuse to be flexible and change with circumstances.

    I personally hope to see the Wall Street crumble next, for they are the symbol of greed and everything that has impeded this nation from healthy growth

  • goodbye GM, glad to see you fail.. Now your cars will become a symbol of failure, and anyone who buys a GM car will be displaying their stupidity for supporting such a worthless corrupt corporation. No more worthless union workers.

  • Its not nice to see GM fail......but isnt that what capitolism is about? Let the market decide!!!

Loading...
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more