GM Cutting 1100 Dealerships Nationwide

[Danny]

The fall the American automotive companies is nigh.

[lilpup]

The fall the American automotive companies is nigh.

Hardly. Stop and realize that as large as these closing may seem they're still only 25% of Chrysler's network and around 18% of GM's.

[Bigb23]

I like, [[cough), how the GM execs are doing all the interviews by cell now, instead of a face to face interview. And they say this will be a phased downsizing, to allow everybody to exit their current employment and find new jobs. WTF ? Exit you're real estate, at a huge loss, and employees find what jobs where ? At least buggy whip makers and farm laborers had a place to go early in the last century, at increased wages.

[lilpup]

Fritz Henderson was on Glenn Beck's show yesterday:

Part 1


Part 2

[Retroit]

I like, [[cough), how the GM execs are doing all the interviews by cell now, instead of a face to face interview. And they say this will be a phased downsizing, to allow everybody to exit their current employment and find new jobs. WTF ? Exit you're real estate, at a huge loss, and employees find what jobs where ? At least buggy whip makers and farm laborers had a place to go early in the last century, at increased wages.

China, here we come! Shanghai or Bust!

[Bigb23]

It's already been established that the Big 3 will be in name only. Look at the Singer saga, move the jobs overseas, and re - brand it with a name you trusted. Then ship it back to us. The same crap with our current execs in the big three, take whatever money is left, and run. Some people will retire in Florida with a fortune, and damn the rest of the people. I have seen this happening over the last TWENTY EIGHT years. Now we have to have Cc explain the way out of this.

[darwinism]

Some of the folks here are simply fools, who CHOOSE to be in DENIAL.

The Big 3 hasn't been doing its people right for years, for goodness sake. Chrysler hasn't been passing the so-called 'litmus test' for a long time. It was managed by German executives, and profits have been going there ever since Daimler was in charge. Yet, the 'rednecks' in our Metro Detroit communities still consider Chrysler a hometown auto company.

GM has been 'private labeling' or 're-badging' Asia-made vehicles for ages. The Chevy Aveo, made in Korea, debuted back in 2004 [[Source), and yet hard-core 'Americans' consumed it like hotcakes thinking that they are supporting their union brothers and sisters here in SE Michigan.

For what its worth, I intend to do my part for American manufacturing as well. That is why I am going to the Ford and GM dealers to give them a chance to earn my hard-earned dollars. But at the same time, I am not going to preach about shit like "Out of a Job yet? Keep buying Foreign" or "What You Drive, Drives America" BECAUSE the FACT is that domestic automaker MANAGEMENT have looted us all for decades in order to arrive at this juncture.

Those of you crying foul about profits going to Japan, Korea, China or wherever else - how about you do this ..... find out for a fact the executive compensation of Toyota's CEO, Honda's CEO, Nissan's CEO, Hyundai's CEO, and so on. Then match those numbers up against your beloved 'American' CEO at GM, Ford and Chrysler. Ladies and gentlemen, right there is our problem.

Do you know that GM makes lots of money all over the world? The Buick model line is THE BEST-SELLING brand in China. Many of GMs divisions do very well in Europe, Australia and the rest of Asia. But yet, GM is bleeding red ink. Hmmm ..... is it the American public's fault that GM can't manage their cash flow? Do you blame your neighbors if your utilities get cut due to delinquency?

Point the blame at Big 3 leaderships through the many years and through the many decades of fucked up decisions; NOT the American consumers, NOT the American public.

[lilpup]

GM has to adhere to the various laws in the countries they do business. They cannot just bring all the profits they make overseas back to the U.S.

The North American market right now has all six of it's top sellers bleeding, not just the Detroit companies [[point of fact: Toyota lost more in their first quarter this year than GM did).

[reddog289]

I would love to see a list of the dealers set to close. I guessed right on one of the Chrysler dealerships. This whole closing of the dealerships deal reminds me of the time when the Mom&Pop drug stores started closing up.Hate to see businesses close but thats what happens when the times are tough.