It would be great if the money didn't go to build plants in China and Russia. GM sold more vehicles in China this year than they did in the US.
Now that's what I call taking responisibity.
Occupy Wall Street Fail
- Thread starter Locutus
- Start date
Now that's what I call taking responisibity.
I see... So your answer is that GM must be forced to operate at a loss in Canada AND payback the bail-out money.
Makes perfect sense... You sure that you don't work for the gvt?
Makes perfect sense... You sure that you don't work for the gvt?
Of course, they've been building garbage that they've had to sell at a loss for decades, and the executives continued to get huge bonuses for losing market share and money for decades, but the only cause of difficulty at GM was their unionized workforce.
It's funny that GM management, who obviously were incredibly talented, never saw this; otherwise, they would have held out in negotiations until they got the unions under control.
Too bad that GM management couldn't take personal responsibility for being management, and manage the company.
One valid point of view! People are beginning to check out charities before handing over their money. Maybe we should do the same with the huge corporations we hand our money over to to buy their goods. If the C.E.O. is making over a couple hundred grand, F**k 'em.
$6000 for labour and materials to build a vehicle. When was the last time you bought a car for $9600? (60% mark up makes for a successful enterprise).
Are vehicles built today not of higher quality than years ago. Are they not safer and more dependable? Years ago it was common to see a vehicle parked by the side of the road with the hood up or have a flat replaced. You very seldom see that today, even though there are five or ten times as many vehicles on the road.
On top of that there are probably dozens of middlemen. Inspectors, haulers, pre delivery checkers, salesman, warranty costs etc. etc. etc..................all stuff the customer demands.
Planned obsolescence? Perhaps vehicles on average today are being driven more miles. More people today drive like A$$holes and wreck vehicles! :lol:
Foreign owned? I didn't check the addresses of the shareholders. Did you?
That would be true.
Yeah... Really good analogy... Compare a handful of senior execs that got golden handshakes with the tens of thousands of unionized employees that were paid obscene amounts in wages along with the fat benefits packages that they get for life.
Grow up already.