Home › Forums › Financial Markets/Economics › GM Faces potential BK
- This topic has 150 replies, 15 voices, and was last updated 15 years, 8 months ago by Coronita.
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March 5, 2009 at 5:02 PM #361537March 5, 2009 at 5:29 PM #360958CoronitaParticipant
GM management open to a reorg BK.
http://online.wsj.com/article/SB123625134434838921.html?mod=yahoo_hs&ru=yahoo
I really hope GM reorg can get them out of this mess and get back to building good cars.
I think the wake up call is there now, at least.
My take:
For north america:
*Keep
Caddy as the Luxury Brand
Saturn as Appliance Brand
Chevy as Performance Brand
GMC as Truck/SUV BrandDump:
Buick(North America),Hummer,Saab*Move all trucks/SUV/CUV/van/minivan from all other brands to GMC. Eliminate brand engineered duplicate trucks/suv/cuv. Eliminate platform shared duplicates.
*Move buick lucernce and lacrosse to caddy brand.
(Get rid of the stupid names). Eliminate the XLR, the Escalade, SRX.*Move pontiac G8 to Chevy brand.
*Remove duplicate brand engineered Pontiac/Chevy/Saturn small and mid size cars and move to Saturn brand.*Keep Opel in GM europe
*Keep Buick/Caddy in China*Focus on bringing opel design to the rest of the small/mid segment in NA.
March 5, 2009 at 5:29 PM #361256CoronitaParticipantGM management open to a reorg BK.
http://online.wsj.com/article/SB123625134434838921.html?mod=yahoo_hs&ru=yahoo
I really hope GM reorg can get them out of this mess and get back to building good cars.
I think the wake up call is there now, at least.
My take:
For north america:
*Keep
Caddy as the Luxury Brand
Saturn as Appliance Brand
Chevy as Performance Brand
GMC as Truck/SUV BrandDump:
Buick(North America),Hummer,Saab*Move all trucks/SUV/CUV/van/minivan from all other brands to GMC. Eliminate brand engineered duplicate trucks/suv/cuv. Eliminate platform shared duplicates.
*Move buick lucernce and lacrosse to caddy brand.
(Get rid of the stupid names). Eliminate the XLR, the Escalade, SRX.*Move pontiac G8 to Chevy brand.
*Remove duplicate brand engineered Pontiac/Chevy/Saturn small and mid size cars and move to Saturn brand.*Keep Opel in GM europe
*Keep Buick/Caddy in China*Focus on bringing opel design to the rest of the small/mid segment in NA.
March 5, 2009 at 5:29 PM #361398CoronitaParticipantGM management open to a reorg BK.
http://online.wsj.com/article/SB123625134434838921.html?mod=yahoo_hs&ru=yahoo
I really hope GM reorg can get them out of this mess and get back to building good cars.
I think the wake up call is there now, at least.
My take:
For north america:
*Keep
Caddy as the Luxury Brand
Saturn as Appliance Brand
Chevy as Performance Brand
GMC as Truck/SUV BrandDump:
Buick(North America),Hummer,Saab*Move all trucks/SUV/CUV/van/minivan from all other brands to GMC. Eliminate brand engineered duplicate trucks/suv/cuv. Eliminate platform shared duplicates.
*Move buick lucernce and lacrosse to caddy brand.
(Get rid of the stupid names). Eliminate the XLR, the Escalade, SRX.*Move pontiac G8 to Chevy brand.
*Remove duplicate brand engineered Pontiac/Chevy/Saturn small and mid size cars and move to Saturn brand.*Keep Opel in GM europe
*Keep Buick/Caddy in China*Focus on bringing opel design to the rest of the small/mid segment in NA.
March 5, 2009 at 5:29 PM #361439CoronitaParticipantGM management open to a reorg BK.
http://online.wsj.com/article/SB123625134434838921.html?mod=yahoo_hs&ru=yahoo
I really hope GM reorg can get them out of this mess and get back to building good cars.
I think the wake up call is there now, at least.
My take:
For north america:
*Keep
Caddy as the Luxury Brand
Saturn as Appliance Brand
Chevy as Performance Brand
GMC as Truck/SUV BrandDump:
Buick(North America),Hummer,Saab*Move all trucks/SUV/CUV/van/minivan from all other brands to GMC. Eliminate brand engineered duplicate trucks/suv/cuv. Eliminate platform shared duplicates.
*Move buick lucernce and lacrosse to caddy brand.
(Get rid of the stupid names). Eliminate the XLR, the Escalade, SRX.*Move pontiac G8 to Chevy brand.
*Remove duplicate brand engineered Pontiac/Chevy/Saturn small and mid size cars and move to Saturn brand.*Keep Opel in GM europe
*Keep Buick/Caddy in China*Focus on bringing opel design to the rest of the small/mid segment in NA.
March 5, 2009 at 5:29 PM #361547CoronitaParticipantGM management open to a reorg BK.
http://online.wsj.com/article/SB123625134434838921.html?mod=yahoo_hs&ru=yahoo
I really hope GM reorg can get them out of this mess and get back to building good cars.
I think the wake up call is there now, at least.
My take:
For north america:
*Keep
Caddy as the Luxury Brand
Saturn as Appliance Brand
Chevy as Performance Brand
GMC as Truck/SUV BrandDump:
Buick(North America),Hummer,Saab*Move all trucks/SUV/CUV/van/minivan from all other brands to GMC. Eliminate brand engineered duplicate trucks/suv/cuv. Eliminate platform shared duplicates.
*Move buick lucernce and lacrosse to caddy brand.
(Get rid of the stupid names). Eliminate the XLR, the Escalade, SRX.*Move pontiac G8 to Chevy brand.
*Remove duplicate brand engineered Pontiac/Chevy/Saturn small and mid size cars and move to Saturn brand.*Keep Opel in GM europe
*Keep Buick/Caddy in China*Focus on bringing opel design to the rest of the small/mid segment in NA.
March 5, 2009 at 5:44 PM #361029Rt.66ParticipantNot bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.
March 5, 2009 at 5:44 PM #361326Rt.66ParticipantNot bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.
March 5, 2009 at 5:44 PM #361468Rt.66ParticipantNot bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.
March 5, 2009 at 5:44 PM #361509Rt.66ParticipantNot bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.
March 5, 2009 at 5:44 PM #361617Rt.66ParticipantNot bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.
March 5, 2009 at 6:00 PM #361034CoronitaParticipant[quote=Scarlet]Not bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.[/quote]
Um, no…Finished watching Red Dawn?
If so, I recommend another movie.
Gung-Ho with Michael Keaton.
http://en.wikipedia.org/wiki/Gung_Ho_MovieYou might learn a few things from it.
March 5, 2009 at 6:00 PM #361331CoronitaParticipant[quote=Scarlet]Not bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.[/quote]
Um, no…Finished watching Red Dawn?
If so, I recommend another movie.
Gung-Ho with Michael Keaton.
http://en.wikipedia.org/wiki/Gung_Ho_MovieYou might learn a few things from it.
March 5, 2009 at 6:00 PM #361473CoronitaParticipant[quote=Scarlet]Not bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.[/quote]
Um, no…Finished watching Red Dawn?
If so, I recommend another movie.
Gung-Ho with Michael Keaton.
http://en.wikipedia.org/wiki/Gung_Ho_MovieYou might learn a few things from it.
March 5, 2009 at 6:00 PM #361514CoronitaParticipant[quote=Scarlet]Not bad.
I would add:
Throw in trade restructuring. If not then any new version of GM will just suffer the same injustices the current incarnation has.
Japan has managed to lower the value of the Yen vs the Dollar by 12% this year alone. We need some sort of strategy to deal with those types of things.
Healthcare needs to be dealt with too. How can GM ever compete if the Japanese Government pays healthcare for Toyota, Honda, etc. workers? Dito Germany for BMW, Mercedes……
We don’t want GM walking out of the ER nice and healthy only to be hit by the same truck.[/quote]
Um, no…Finished watching Red Dawn?
If so, I recommend another movie.
Gung-Ho with Michael Keaton.
http://en.wikipedia.org/wiki/Gung_Ho_MovieYou might learn a few things from it.
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