Archive for the ‘Messiah Motors’ Category
Let’s look at history:
They made such bad deals with unions such that GM has to tag on $4000 to every car they make in order to pay benefits to people that don’t produce for them anymore. They killed off the oldest car manufacturer in the United States. After the government took over, they killed off Saturn and Pontiac, and tried to sell Saab, Opel and Hummer. All failed. This company is riddled with poor performers and with Obama running it, it’s gone down even faster.
Judging by the fact that the Chinese government wouldn’t ok the sale, I have to wonder why? I imagine that Obama’s snubbing them time after time might have something to do with it. Politics factors in here as the Chinese government runs business there.
May be this is a blessing in disguise. Where are the machers out there that can secure financing and buy the marque and keep it here? Harley Davidson employees bought their company back. It’s a shame about Pontiac and Olds. Both great marques that were killed off for no good reason. I couldn’t care less about Saab, Opel or Saturn as I don’t care for the marques, but it is a shame in the sense that malfeasance led to the loss of jobs in these companies.
Bottom line is that as bad as GM management was, it’s worse now that it is run by Obama and his minions. Don’t believe me, look at Ford.
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