Michigan Central Restored and Opening
RESTORED MICHIGAN CENTRAL DEPOT OPENS »



Results 1 to 23 of 23

Hybrid View

  1. #1

    Default

    Quote Originally Posted by rb336 View Post
    I have few worries about Ford & GM. Both are focused on viability, and they are doing well there. They are still the undisputed leaders in the most profitable US segments. Ford is making huge investments in the mobility game, as is GM. Hopefully they learned their lessons.
    GM is making cuts so aggressive that it will leave itself vulnerable to either a hostile takeover [[possibly by a Chinese automaker or a Silicon Valley tech company) or a painful split ala HP. It's great and all for those fat bonuses and profits in the short term, but not for the long term health of the company [[nor the city of Detroit when that day comes). They'll be caught with their pants down when the markets inevitably shift again with very little scale or capital to compete. Of course leadership [[who shall remain nameless) doesn't give a fuck, because they'll be retired by that point when the SHTF.

    No major company in the history of the US has ever cut its way to success. But if you think GM will be the exception, then you're more optimistic than I am.

    Ford, they're jusy plain directionless. The guy Bill Ford picked to run the company now is clearly out of his element, as highlighted in the report done by the Free Press about him.

    https://www.freep.com/story/money/ca...fs/2859058002/
    Last edited by 313WX; March-03-19 at 11:29 AM.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Instagram
BEST ONLINE FORUM FOR
DETROIT-BASED DISCUSSION
DetroitYES Awarded BEST OF DETROIT 2015 - Detroit MetroTimes - Best Online Forum for Detroit-based Discussion 2015

ENJOY DETROITYES?


AND HAVE ADS REMOVED DETAILS »





Welcome to DetroitYES! Kindly Consider Turning Off Your Ad BlockingX
DetroitYES! is a free service that relies on revenue from ad display [regrettably] and donations. We notice that you are using an ad-blocking program that prevents us from earning revenue during your visit.
Ads are REMOVED for Members who donate to DetroitYES! [You must be logged in for ads to disappear]
DONATE HERE »
And have Ads removed.