GM: Substantial doubt over ability to be going concern
CL Community Team
Joined: Oct 2003
Posts: 4,335
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From: California
I'm guessing that above posters mean selling into the "same marketplace as their competitors", especially as it pertains to North American auto market.
A huge part of the strangulation of GM is due to what's commonly called "legacy costs" resulting from numerous poor management decisions made over the years. Contractual relationships with UAW are only some of the many significant problems that GM has. Only some of these costs and burdens have been identified above.
A huge part of the strangulation of GM is due to what's commonly called "legacy costs" resulting from numerous poor management decisions made over the years. Contractual relationships with UAW are only some of the many significant problems that GM has. Only some of these costs and burdens have been identified above.
GM is a dead corp. walking...R.I.P.
Last edited by Trexus; Mar 6, 2009 at 09:41 PM.
Lexus Fanatic
Joined: Nov 2008
Posts: 14,100
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From: tech capital
GM entered into contracts with the UAW without any duress or force. Back then GM thought they were always going to be big and powerful. Now they are powerless and shrinking at an exponential rate...so GM is and always was on the same playing field as all the other manufacturers in the whole entire world...
And the list is a lot longer than just the contracts with UAW............
CL Community Team
Joined: Oct 2003
Posts: 4,335
Likes: 61
From: California
Too many divisions...
Poor reliability in their products...
Too much focus on big SUV's and very little focus on small cars and alternative powertrains but as of late GM is working on that but then again a little too late...
Inefficiencies in the manufacturing processes..
And the list can go on and on and on...
Lexus Fanatic
Joined: Nov 2008
Posts: 14,100
Likes: 1
From: tech capital
But of course...
Too many divisions...
Poor reliability in their products...
Too much focus on big SUV's and very little focus on small cars and alternative powertrains but as of late GM is working on that but then again a little too late...
Inefficiencies in the manufacturing processes..
And the list can go on and on and on...
Too many divisions...
Poor reliability in their products...
Too much focus on big SUV's and very little focus on small cars and alternative powertrains but as of late GM is working on that but then again a little too late...
Inefficiencies in the manufacturing processes..
And the list can go on and on and on...
But of course...
Too many divisions...
Poor reliability in their products...
Too much focus on big SUV's and very little focus on small cars and alternative powertrains but as of late GM is working on that but then again a little too late...
Inefficiencies in the manufacturing processes..
And the list can go on and on and on...
Too many divisions...
Poor reliability in their products...
Too much focus on big SUV's and very little focus on small cars and alternative powertrains but as of late GM is working on that but then again a little too late...
Inefficiencies in the manufacturing processes..
And the list can go on and on and on...
http://www.youtube.com/watch?v=3oBg8C6PMYo
and
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