Comments on: GM Slashing Production In Fight To Survive

Cash-Starved Auto Giant Tries To Save Money As Future Of Federal Bailout Hangs In Balance

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by presjfk November 22, 2008 12:38 PM EST
The average assembly worker costs $73.00/ hour!This is what needs to be cut. How can GM sell million of cars and not have cash!! wake up Posted by patriot2381"

This is a fictitious number and you should be smarter than that. GM has deal with the UAW that is close to what every other car builder in the USA pays. The issue is not worker pay.

GM does have legacy payments for pensions which are a problem. But the main problem is stupidity at the very top that has been running its business into the ground for over 60 years.

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by gheemaster38 November 22, 2008 12:04 PM EST
You want to become profitable GM? Try this, sell a product for what is worth. There is no way any GM product (except the Corvette) should be over 30 Grand.

Just as Lee Iacocca stated years ago: Ameicans want a full size Imperial for the price of a K car.

Hasn''''t changed much read top comment

Posted by rickwar

the complete post was:

You want to become profitable GM? Try this, sell a product for what is worth. There is no way any GM product (except the Corvette) should be over 30 Grand. I bought a new 06 that has been in the shop for mechanical failure at least 5 times including a transmission leak(Lemon law). Talking to others I found simular issues. Before this car I had a 85 Toyota Cressida my mother bought brand new and a year later gave to me that last over 20 years before I had to get the engine replaced due to CAM damage. The finally tally 385000 miles with 1 major engine replacement. Transmission still was good when I sold it. Think a Cadillac would last that long? H3LL NO! Reduce the price by 30% and sell them for what they are worth. Same with Ford and Chrysler! Layoffs wont work either
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by cowman290 November 22, 2008 11:40 AM EST
5 Corporate Jets = "For a lot of CEOs, the risk of kidnapping is a real risk".

Give me a break! Must have needed one for each day of he week.
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by nonameabc November 22, 2008 11:06 AM EST
American car industry are highly deserved the bankrupt, they made very bad cars more than 100 yrs. What models we can think are reliable from these company? I can only think Toyotx and Honxda cars. It is shame on them, Ford innovates the first car, but his follow generations did not grow and improve, and want to use our money to survive, esp those high pay CEOs (Corruption Executive Officers). As a tax prayer, I recommend combining 3 to 1 and they must make some products can beat the competitors very soon, I mean reliable, green and low cost. Layoff CEOs and high managers level after combine. It is very difficult for Obama to handle this job, we are all screwed up after 8 yrs of Bush yrs - Iraq war, jobless, credit crisis, country financial meltdown, higher gas/food price (see it is lower as his leaving - how coincidence?). God bless America.
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by earache4 November 22, 2008 10:07 AM EST
That''s like cutting off your head to cure dandruff...How about THIS radical idea:

BUILD GREENER CARS!!!
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by slim1h2o November 22, 2008 9:11 AM EST

What these CEO''s need to do is, get their designers working on a car that is cheap to make, reliable, and with concepts that Americans will buy. And more importantly, that''s also cheap to buy.

Basically one that goes head to head with the Japanese cars. I know it wouldn''t be easy to build such a car, but I know it could be done.

In hard times we must learn to scale down, and get back to the basics, i.e. good solid cars that are dependable. I think that we can with out 130 choices for mirrors, which only add to the operating costs for the company. We can only use one mirror at a time.
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by ramos937 November 22, 2008 8:58 AM EST
Production is not the problem. The primary problem is that it costs the Big 3 (including GM) more to place a car on the dealer''s showroom than what it sells for. Produce 10,000 units, 5000 units, 1000 units, until this is reversed, all Big 3 will continue losing money.

The only possible cure is what Milt Romney advocates. All three need to declare Chapter 11. This would make all labor contracts null and void. All excutive perks would be eliminated. The reason this is not being done is because both the UAW and management do want want to lose out on what they now have.
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by perk235 November 22, 2008 6:31 AM EST
"For a lot of CEOs, the risk of kidnapping is a real risk," said Paul Lapides, a corporate governance expert at Kennesaw State University in Georgia.

He noted that risk has been heightened of late in some parts of the world. "I mean, heck, people are kidnapping entire oil vessels," he said, referring to piracy in the seas around Africa.
From article we are commenting on.
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I had to laugh when I read this. This is quite a leap of logic (or lack of) since I don''t think the three CEOs traveled near Somalia to get to DC.
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by mikezembill November 22, 2008 4:57 AM EST
rickwar i think the corvette is the bottom of the line.
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by McHineguy November 22, 2008 4:42 AM EST
Is smell in frequencies? Maybe. Definitely amplitude.
Analog.

Back to boosh bashing?


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Posted by stevex47 at 10:58 PM : Nov 21, 2008

Smell is in chemicals. Acids and hydrocarbons and such.
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by McHineguy November 22, 2008 4:41 AM EST
Does it? Or does its wavelenght change?

Posted by ToolMangler at 10:21 PM : Nov 21, 2008

I don''''t remember, but I don''''t think so. I believe light of different wavelengths travel at different speeds. What people think of the speed of light is that which travels in a total vacuum. That''''s the "speed limit" of light.


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Posted by incog-nito at 10:29 PM : Nov 21, 2008

I know the answers. But you mihgt like to know that exactly this question is what got Einstein thinking when he found the Special Theory of Relativity.

Light travels at a constant speed but is effected by gravity. when you travel at 99% the speed of light you shrink and your density becomes greater so the flash light seems to work as usual but you are smaller OR time has changed. You can treade off time for space (the space/time continuim) but we dont really know how yet. (At least I dont, lol)
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by stevex47 November 22, 2008 1:58 AM EST
Silently, smell is probably our most advanced sense to the outer world.

Followed by taste, touch, sight, sound, and others, ha.

Is smell in frequencies? Maybe. Definitely amplitude.
Analog.

Back to boosh bashing?
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by stevex47 November 22, 2008 1:49 AM EST
Ha, sorry toolmangler.

I''ll give boosh a break for a few hours !

Light and sound have many similiarities and differences.

Both are "outputs", noticed only by entities that allow for "inputs" that can sense those physical alterations of space.

Whether a change in particle states of matter, or compression and rarifaction in or of airspace....sound.
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by mdbill-2009 November 22, 2008 1:41 AM EST
GM, and the others, need to get a clue. while japanese CEOs are paid a million a year, U.S. CEOs walk off with exponentially more. greed is what will doom the big 3. they will never agree to cutting the good old boy''s pay, and congress will therefore never agree to a bailout. i say let them go under and let the japanese come in, buy out their plants, hire americans, and run the business like it should be done.
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by toolmangler-2009 November 22, 2008 1:33 AM EST
Posted by stevex47 at 10:24 PM : Nov 21, 2008




Party pooper!
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by incog-nito November 22, 2008 1:29 AM EST
Does it? Or does its wavelenght change?

Posted by ToolMangler at 10:21 PM : Nov 21, 2008

I don''t remember, but I don''t think so. I believe light of different wavelengths travel at different speeds. What people think of the speed of light is that which travels in a total vacuum. That''s the "speed limit" of light.
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by stevex47 November 22, 2008 1:24 AM EST
Back on track folks...boosh bashing, ha !

I''m sure all the auto workers want to say thanks to W.

Mission Accomplished.
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by toolmangler-2009 November 22, 2008 1:21 AM EST
Light does slow down when going through matter. The denser, the slower (opposite of sound).
Posted by incog-nito at 10:07 PM : Nov 21, 2008


Does it? Or does its wavelenght change?
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by incog-nito November 22, 2008 1:16 AM EST
I love it!!!! keep it up guys (grin)

Posted by ToolMangler at 10:10 PM : Nov 21, 2008

I took a few physics courses back in college for engineering. Still get a headache thinking about all those concepts.
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by toolmangler-2009 November 22, 2008 1:10 AM EST
I love it!!!! keep it up guys (grin)
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