Quote:
Originally Posted by fastball
It seems that since Rick brought on Bob to transform product, they continued to loose money. I have no doubt that the cars they make today are the best they've ever made, DIRECTLY due to Bob Lutz. But they continue to loose money. It's the people who manage the finances fault that things are in the shape they are in, and this trend was going on long before Bob Lutz came aboard. GM started burning more than they were bringing in in the late 1990s.
They could be selling cars left and right and with poor financial management still be in the same shape they are in today.
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Okay...after all that...would you accept the idea that now, at the point when
most everything you want to see happen HAS happened...the economy has absolutely tanked, and no matter how much restructuring or cost cutting is done, GM will loose money due solely to the fact that nearly 30% of their sales have disappeared, and among them their most profitable models?