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Post by WarbirdTA on Jul 10, 2009 18:19:53 GMT -5
Check this out: news.yahoo.com/s/ap/us_gm_bankruptcyThis is the part I hate: Bob Lutz, a legendary industry executive, was "unretiring" to become a vice chairman responsible for creative elements of products, marketing and customer relationships, Henderson said. Lutz, 77, had previously planned to retire at the end of the year after more than four decades in the auto business. I sure won't be buying GM new at all. George
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Post by LadyTA74 on Jul 11, 2009 13:05:13 GMT -5
"The new company will build more cars and trucks that consumers want and launch them faster than in the past, the CEO said. GM also announced a partnership with eBay Inc. to test auctioning vehicles online." ~~ I want the Firebird / Trans AmI remember when I worked for Honeywell when we were up for sale (and didn't even know it) and UTC was bidding for us - a CEO named Jack for GE got wind of it and came out of retirement and outbid UTC. His nickname was Neutron Jack - which meant he pretty much destroyed anything in his way to get what he really wanted - and usually got it. That's why alot of us were laid off - namely my whole department and a few sales people who had been with the company for many many years. Putz - I mean Lutz shouldn't be allowed to come back and do more damage. He's the reason GM is the way it is. "He said the U.S. government, which owns a majority stake in GM, has vowed that it would not get involved in day-to-day decisions." ~~ Yeah right!! First thing that goes wrong they'll charge right in and take over! BUT, if things go really well - guess who will take the credit??Am I 'hateful' of the government - not really. I don't like people trying to run someone else's business or telling them what they should or shouldn't do because they have 'power'. That's a bunch of crap! Enough ranting from me ;D
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Post by TAdan on Jul 13, 2009 7:20:15 GMT -5
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