Comments on: Racing to rebuild GM

By: TedTylerEzro

TedTylerEzro — Fri, 20 Nov 2009 03:53:23 +0000

That's it in a nutshell. GM sales were the second highest in North America before the recession, and they still bled money.

By: madeyoulook

madeyoulook — Fri, 20 Nov 2009 03:43:50 +0000

MAY THE BEST CAR WIN

Translation: May the biggest car company, no matter how much suckitude it generates, never be allowed to lose, no matter the cost. This, so the smart people in power say, is supposed to be good for the economy.

By: Bill Simpson

Bill Simpson — Thu, 19 Nov 2009 19:09:20 +0000

I don't think GM had a problem making and selling their cars and trucks (outside of the recession that affected everyone) . They just couldn't do so profitably, and that hurdle is still not overcome.

By: jolyon

jolyon — Thu, 19 Nov 2009 16:31:40 +0000

"Is this rebound for real?"

I doubt it very much. GM has been on downward spiral for at least 20 years and it is not just going to magically stop because Lutz is challenging other car makers to a duel.

I think Lutz stunt to race other cars was absurd – women make final decision on something like 85% of all new vehicle purchases so races on tracks to see who has biggest engine is total turn off for people who are actually making the decisions. Detroit 3 can only focus on engines because they don't have money to invest in other areas of vehicle – thanks UAW – so their vehicles have great engines with so-so exterior design and less than adequate interiors.