Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (442024)	12/22/2008 6:03:18 PM
From: tejek	Respond to of 1578106

This is the first year in its history that TM has lost money. Yes, which further illustrates my point. That the problem with GM isn't "bad management", rather, it is "bad economic times". Dude, the onerous UAW contract was signed in the early 1980s. GM has lost market share consistently since the 1960s. GM has had numerous unprofitable years during the past 40. True or not true, GM cars are infamous for their lack of quality.....in fact, I read that at one time, GM designed their cars so you would have to replace them 3-4 years down the line......I think it was called designed decay. Finally, most GM cars are the ugliest, least innovative cars on the road.....you even agreed to that observation. In other words, bad economic times are exacerbating an already bad situation brought on by incompetent mgmt. Its indisputable.