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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (98039)9/29/2008 8:58:03 PM
From: TH  Respond to of 110194
 
ork,

<GM could be a bankruptcy
within five years.>

I think maybe they already are. Truck sales never picked up, even after that spike in orders/releases for truck parts in August.

GM does not get it. Now before I get a bunch of boos, I think Ford is getting it. The plan to move five European vehicles to stateside production FAST is a good plan. Ford has a very serious leader. I have seen amazing changes there in the past 10 months, and there is no sign it is letting up. Alan Mulally gets it, and you better not tell him <no> because <that is not the way we do it in automotive>. You will be finding the door pretty quick, and that goes for the troops all the way down. Change or die.

Contrast that to Bob <I ruined Home Depot> Nardelli. I don't think he gets it, and many Chrysler friends think the same. The bloom is long off that rose.

I mean GM just announced a hybrid Escalade. And damn, it is ONLY $71,000 BUCKS. Think of all the money I can save gang-bangin in that ride at 20 city and 21 Highway!

cadillac.com

GT
TH