GM admits it flucked up big time

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Old 10 Dec 2008, 05:53 pm   #1 (permalink)
me
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Default GM admits it flucked up big time

For all you GM defenders who refuse to admit that GM screwed
themselves by refusing to recognize vehicle trends and build less
SUV's and trucks and invest in other production; by building low
quality cars; by building cars no one wants; and by generally
mismanaging the company - here is it from the horse's mouth (or more
accurately, horse's ass in the case of GM):

http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad

"... we acknowledge we have disappointed you," the ad said. "At times
we violated your trust by letting our quality fall below industry
standards and our designs became lackluster."

The unsigned open letter, entitled "GM's Commitment to the American
People" ran in the trade journal Automotive News, which is widely read
by industry executives, lobbyists and other insiders.

In the ad, GM admits to other strategic missteps analysts and critics
have said hastened its recent decline.

"We have proliferated our brands and dealer network to the point where
we lost adequate focus on the core U.S. market," the ad said. "We also
biased our product mix toward pick-up trucks and SUVs."


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Old 10 Dec 2008, 06:18 pm   #2 (permalink)
Oscar Finkleheimer
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Default Re: GM admits it flucked up big time

In article <o3l0k4lh1qe5ucvnn4i1p1kp93tq5p94ga@4ax.com>,
me <noemail@nothere.com> wrote:

> For all you GM defenders who refuse to admit that GM screwed
> themselves by refusing to recognize vehicle trends and build less
> SUV's and trucks and invest in other production; by building low
> quality cars; by building cars no one wants; and by generally
> mismanaging the company - here is it from the horse's mouth (or more
> accurately, horse's ass in the case of GM):
>
> http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad
>
> "... we acknowledge we have disappointed you," the ad said. "At times
> we violated your trust by letting our quality fall below industry
> standards and our designs became lackluster."
>
> The unsigned open letter, entitled "GM's Commitment to the American
> People" ran in the trade journal Automotive News, which is widely read
> by industry executives, lobbyists and other insiders.
>
> In the ad, GM admits to other strategic missteps analysts and critics
> have said hastened its recent decline.
>
> "We have proliferated our brands and dealer network to the point where
> we lost adequate focus on the core U.S. market," the ad said. "We also
> biased our product mix toward pick-up trucks and SUVs."


"unsigned open letter". Maybe from the autoworkers union?
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Old 10 Dec 2008, 06:27 pm   #3 (permalink)
Nate Nagel
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Default Re: GM admits it flucked up big time

Oscar Finkleheimer wrote:
> In article <o3l0k4lh1qe5ucvnn4i1p1kp93tq5p94ga@4ax.com>,
> me <noemail@nothere.com> wrote:
>
>> For all you GM defenders who refuse to admit that GM screwed
>> themselves by refusing to recognize vehicle trends and build less
>> SUV's and trucks and invest in other production; by building low
>> quality cars; by building cars no one wants; and by generally
>> mismanaging the company - here is it from the horse's mouth (or more
>> accurately, horse's ass in the case of GM):
>>
>> http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad
>>
>> "... we acknowledge we have disappointed you," the ad said. "At times
>> we violated your trust by letting our quality fall below industry
>> standards and our designs became lackluster."
>>
>> The unsigned open letter, entitled "GM's Commitment to the American
>> People" ran in the trade journal Automotive News, which is widely read
>> by industry executives, lobbyists and other insiders.
>>
>> In the ad, GM admits to other strategic missteps analysts and critics
>> have said hastened its recent decline.
>>
>> "We have proliferated our brands and dealer network to the point where
>> we lost adequate focus on the core U.S. market," the ad said. "We also
>> biased our product mix toward pick-up trucks and SUVs."

>
> "unsigned open letter". Maybe from the autoworkers union?


I heard on the radio today that Wagoner himself had apologized before
Congress for not investing more in electric/hybrid technologies. That
pisses me off... as much as I've been disappointed in GM they have done
more than any other company (possible exceptions Honda and Toyota, but
I'd still give the edge to GM) to try to make electric cars practical.
What a spineless wanker. Don't apologize for s**t you didn't do, that
just makes you look like you're begging (of course, he probably is at
the "begging" point now...)

unfortunately I can't find a news link yet, but I bet it will show up
shortly.

nate

--
replace "roosters" with "cox" to reply.
http://members.cox.net/njnagel
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Old 10 Dec 2008, 06:34 pm   #4 (permalink)
JoeSpareBedroom
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Default Re: GM admits it flucked up big time

"Nate Nagel" <njnagel@roosters.net> wrote in message
news:ghpmqu0mhk@news6.newsguy.com...
> Oscar Finkleheimer wrote:
>> In article <o3l0k4lh1qe5ucvnn4i1p1kp93tq5p94ga@4ax.com>,
>> me <noemail@nothere.com> wrote:
>>
>>> For all you GM defenders who refuse to admit that GM screwed
>>> themselves by refusing to recognize vehicle trends and build less
>>> SUV's and trucks and invest in other production; by building low
>>> quality cars; by building cars no one wants; and by generally
>>> mismanaging the company - here is it from the horse's mouth (or more
>>> accurately, horse's ass in the case of GM):
>>> http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad
>>>
>>> "... we acknowledge we have disappointed you," the ad said. "At times
>>> we violated your trust by letting our quality fall below industry
>>> standards and our designs became lackluster."
>>>
>>> The unsigned open letter, entitled "GM's Commitment to the American
>>> People" ran in the trade journal Automotive News, which is widely read
>>> by industry executives, lobbyists and other insiders.
>>>
>>> In the ad, GM admits to other strategic missteps analysts and critics
>>> have said hastened its recent decline.
>>>
>>> "We have proliferated our brands and dealer network to the point where
>>> we lost adequate focus on the core U.S. market," the ad said. "We also
>>> biased our product mix toward pick-up trucks and SUVs."

>>
>> "unsigned open letter". Maybe from the autoworkers union?

>
> I heard on the radio today that Wagoner himself had apologized before
> Congress for not investing more in electric/hybrid technologies. That
> pisses me off... as much as I've been disappointed in GM they have done
> more than any other company (possible exceptions Honda and Toyota, but I'd
> still give the edge to GM) to try to make electric cars practical. What a
> spineless wanker. Don't apologize for s**t you didn't do, that just makes
> you look like you're begging (of course, he probably is at the "begging"
> point now...)
>
> unfortunately I can't find a news link yet, but I bet it will show up
> shortly.
>
> nate



Sounds like something from James Brown's song "Think":

"Think about the bad things
I tried not to do"

Well...I guess he did them....



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Old 10 Dec 2008, 06:42 pm   #5 (permalink)
dbu'
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Default Re: GM admits it flucked up big time

In article <grovgrgrovel@ grovel >,
Nate Nagel <njnagel@roosters.net> wrote:

> Oscar Finkleheimer wrote:
> > In article <o3l0k4lh1qe5ucvnn4i1p1kp93tq5p94ga@4ax.com>,
> > me <noemail@nothere.com> wrote:
> >
> >> For all you GM defenders who refuse to admit that GM screwed
> >> themselves by refusing to recognize vehicle trends and build less
> >> SUV's and trucks and invest in other production; by building low
> >> quality cars; by building cars no one wants; and by generally
> >> mismanaging the company - here is it from the horse's mouth (or more
> >> accurately, horse's ass in the case of GM):
> >>
> >> http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad
> >>
> >> "... we acknowledge we have disappointed you," the ad said. "At times
> >> we violated your trust by letting our quality fall below industry
> >> standards and our designs became lackluster."
> >>
> >> The unsigned open letter, entitled "GM's Commitment to the American
> >> People" ran in the trade journal Automotive News, which is widely read
> >> by industry executives, lobbyists and other insiders.
> >>
> >> In the ad, GM admits to other strategic missteps analysts and critics
> >> have said hastened its recent decline.
> >>
> >> "We have proliferated our brands and dealer network to the point where
> >> we lost adequate focus on the core U.S. market," the ad said. "We also
> >> biased our product mix toward pick-up trucks and SUVs."

> >
> > "unsigned open letter". Maybe from the autoworkers union?

>
> I heard on the radio today that Wagoner himself had apologized before
> Congress for not investing more in electric/hybrid technologies. That
> pisses me off... as much as I've been disappointed in GM they have done
> more than any other company (possible exceptions Honda and Toyota, but
> I'd still give the edge to GM) to try to make electric cars practical.
> What a spineless wanker. Don't apologize for s**t you didn't do, that
> just makes you look like you're begging (of course, he probably is at
> the "begging" point now...)
>
> unfortunately I can't find a news link yet, but I bet it will show up
> shortly.
>
> nate


They are groveling for money like pigs at the trough and will say
anything to get it, snort.....
--


"It's deja vu all over again"
Yogi Berra



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Old 10 Dec 2008, 07:16 pm   #6 (permalink)
80 Knight
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Default Re: GM admits it flucked up big time

"Nate Nagel" <njnagel@roosters.net> wrote in message
news:ghpmqu0mhk@news6.newsguy.com...
> Oscar Finkleheimer wrote:
>> In article <o3l0k4lh1qe5ucvnn4i1p1kp93tq5p94ga@4ax.com>,
>> me <noemail@nothere.com> wrote:
>>
>>> For all you GM defenders who refuse to admit that GM screwed
>>> themselves by refusing to recognize vehicle trends and build less
>>> SUV's and trucks and invest in other production; by building low
>>> quality cars; by building cars no one wants; and by generally
>>> mismanaging the company - here is it from the horse's mouth (or more
>>> accurately, horse's ass in the case of GM):
>>> http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad
>>>
>>> "... we acknowledge we have disappointed you," the ad said. "At times
>>> we violated your trust by letting our quality fall below industry
>>> standards and our designs became lackluster."
>>>
>>> The unsigned open letter, entitled "GM's Commitment to the American
>>> People" ran in the trade journal Automotive News, which is widely read
>>> by industry executives, lobbyists and other insiders.
>>>
>>> In the ad, GM admits to other strategic missteps analysts and critics
>>> have said hastened its recent decline.
>>>
>>> "We have proliferated our brands and dealer network to the point where
>>> we lost adequate focus on the core U.S. market," the ad said. "We also
>>> biased our product mix toward pick-up trucks and SUVs."

>>
>> "unsigned open letter". Maybe from the autoworkers union?

>
> I heard on the radio today that Wagoner himself had apologized before
> Congress for not investing more in electric/hybrid technologies. That
> pisses me off... as much as I've been disappointed in GM they have done
> more than any other company (possible exceptions Honda and Toyota, but I'd
> still give the edge to GM) to try to make electric cars practical. What a
> spineless wanker. Don't apologize for s**t you didn't do, that just makes
> you look like you're begging (of course, he probably is at the "begging"
> point now...)
>
> unfortunately I can't find a news link yet, but I bet it will show up
> shortly.
>
> nate


From what I see, GM is in very desperate need of the cash, and will say
anything to get it. There survival (and possibly the survival of the other
Big3) depends on it. What a shame that a good auto manufacture has to beg,
and lie (lies that will actually hurt them) to get $35 million, when the big
banks were handed $700 billion on a gold platter.


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Old 10 Dec 2008, 07:33 pm   #7 (permalink)
Jeff
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Default Re: GM admits it flucked up big time

On Dec 10, 7:27*pm, Nate Nagel <njna...@roosters.net> wrote:
> Oscar Finkleheimer wrote:
> > In article <o3l0k4lh1qe5ucvnn4i1p1kp93tq5p9...@4ax.com>,
> > *me <noem...@nothere.com> wrote:

>
> >> For all you GM defenders who refuse to admit that GM screwed
> >> themselves by refusing to recognize vehicle trends and build less
> >> SUV's and trucks and invest in other production; by building low
> >> quality cars; by building cars no one wants; and by generally
> >> mismanaging the company - here is it from the horse's mouth (or more
> >> accurately, horse's ass in the case of GM):

>
> >>http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad

>
> >> "... we acknowledge we have disappointed you," the ad said. "At times
> >> we violated your trust by letting our quality fall below industry
> >> standards and our designs became lackluster."

>
> >> The unsigned open letter, entitled "GM's Commitment to the American
> >> People" ran in the trade journal Automotive News, which is widely read
> >> by industry executives, lobbyists and other insiders.

>
> >> In the ad, GM admits to other strategic missteps analysts and critics
> >> have said hastened its recent decline.

>
> >> "We have proliferated our brands and dealer network to the point where
> >> we lost adequate focus on the core U.S. market," the ad said. "We also
> >> biased our product mix toward pick-up trucks and SUVs."

>
> > "unsigned open letter". * Maybe from the autoworkers union?

>
> I heard on the radio today that Wagoner himself had apologized before
> Congress for not investing more in electric/hybrid technologies. *That
> pisses me off... as much as I've been disappointed in GM they have done
> more than any other company (possible exceptions Honda and Toyota, but
> I'd still give the edge to GM) to try to make electric cars practical.
> What a spineless wanker. *Don't apologize for s**t you didn't do, that
> just makes you look like you're begging (of course, he probably is at
> the "begging" point now...)
>
> unfortunately I can't find a news link yet, but I bet it will show up
> shortly.
>
> nate


There is far more than GM should have done besides trying to make
electric cars practical. They should have figured out cost-efficient
ways to make small cars (instead of importing them from Korea),
implemented ways to make cars more efficient, make entry level cars
that consumers would want and that would last, and improved its
manufacturing capability to be more flexible.

Jeff
> --
> replace "roosters" with "cox" to reply.http://members.cox.net/njnagel


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Old 10 Dec 2008, 07:35 pm   #8 (permalink)
Jeff
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Default Re: GM admits it flucked up big time

On Dec 10, 8:16*pm, "80 Knight" <nospam> wrote:
> "Nate Nagel" <njna...@roosters.net> wrote in message
>
> news:ghpmqu0mhk@news6.newsguy.com...
>
>
>
> > Oscar Finkleheimer wrote:
> >> In article <o3l0k4lh1qe5ucvnn4i1p1kp93tq5p9...@4ax.com>,
> >> *me <noem...@nothere.com> wrote:

>
> >>> For all you GM defenders who refuse to admit that GM screwed
> >>> themselves by refusing to recognize vehicle trends and build less
> >>> SUV's and trucks and invest in other production; by building low
> >>> quality cars; by building cars no one wants; and by generally
> >>> mismanaging the company - here is it from the horse's mouth (or more
> >>> accurately, horse's ass in the case of GM):
> >>>http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad

>
> >>> "... we acknowledge we have disappointed you," the ad said. "At times
> >>> we violated your trust by letting our quality fall below industry
> >>> standards and our designs became lackluster."

>
> >>> The unsigned open letter, entitled "GM's Commitment to the American
> >>> People" ran in the trade journal Automotive News, which is widely read
> >>> by industry executives, lobbyists and other insiders.

>
> >>> In the ad, GM admits to other strategic missteps analysts and critics
> >>> have said hastened its recent decline.

>
> >>> "We have proliferated our brands and dealer network to the point where
> >>> we lost adequate focus on the core U.S. market," the ad said. "We also
> >>> biased our product mix toward pick-up trucks and SUVs."

>
> >> "unsigned open letter". * Maybe from the autoworkers union?

>
> > I heard on the radio today that Wagoner himself had apologized before
> > Congress for not investing more in electric/hybrid technologies. *That
> > pisses me off... as much as I've been disappointed in GM they have done
> > more than any other company (possible exceptions Honda and Toyota, but I'd
> > still give the edge to GM) to try to make electric cars practical. Whata
> > spineless wanker. *Don't apologize for s**t you didn't do, that just makes
> > you look like you're begging (of course, he probably is at the "begging"
> > point now...)

>
> > unfortunately I can't find a news link yet, but I bet it will show up
> > shortly.

>
> > nate

>
> From what I see, GM is in very desperate need of the cash, and will say
> anything to get it. *There survival (and possibly the survival of the other
> Big3) depends on it. *What a shame that a good auto manufacture has to beg,
> and lie (lies that will actually hurt them) to get $35 million, when the big
> banks were handed $700 billion on a gold platter.


What a shame that GM and Chrysler are in a position where they will
run out of money. And what a shame that the big banks were not allowed
to fail or go bankrupt. In addition, the Detroit 3 should be allowed
to go bankrupt. That's why we have those laws.

Jeff
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Old 10 Dec 2008, 07:58 pm   #9 (permalink)
me
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Default Re: GM admits it flucked up big time

On Wed, 10 Dec 2008 18:18:34 -0600, Oscar Finkleheimer
<Limburgercheese@isgreat.stink> wrote:

>
>"unsigned open letter". Maybe from the autoworkers union?


GM paid advertisement. Read the article.
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Old 10 Dec 2008, 08:07 pm   #10 (permalink)
Nate Nagel
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Default Re: GM admits it flucked up big time

Jeff wrote:
> On Dec 10, 7:27 pm, Nate Nagel <njna...@roosters.net> wrote:
>> Oscar Finkleheimer wrote:
>>> In article <o3l0k4lh1qe5ucvnn4i1p1kp93tq5p9...@4ax.com>,
>>> me <noem...@nothere.com> wrote:
>>>> For all you GM defenders who refuse to admit that GM screwed
>>>> themselves by refusing to recognize vehicle trends and build less
>>>> SUV's and trucks and invest in other production; by building low
>>>> quality cars; by building cars no one wants; and by generally
>>>> mismanaging the company - here is it from the horse's mouth (or more
>>>> accurately, horse's ass in the case of GM):
>>>> http://news.yahoo.com/s/nm/20081208/us_nm/us_gm_ad
>>>> "... we acknowledge we have disappointed you," the ad said. "At times
>>>> we violated your trust by letting our quality fall below industry
>>>> standards and our designs became lackluster."
>>>> The unsigned open letter, entitled "GM's Commitment to the American
>>>> People" ran in the trade journal Automotive News, which is widely read
>>>> by industry executives, lobbyists and other insiders.
>>>> In the ad, GM admits to other strategic missteps analysts and critics
>>>> have said hastened its recent decline.
>>>> "We have proliferated our brands and dealer network to the point where
>>>> we lost adequate focus on the core U.S. market," the ad said. "We also
>>>> biased our product mix toward pick-up trucks and SUVs."
>>> "unsigned open letter". Maybe from the autoworkers union?

>> I heard on the radio today that Wagoner himself had apologized before
>> Congress for not investing more in electric/hybrid technologies. That
>> pisses me off... as much as I've been disappointed in GM they have done
>> more than any other company (possible exceptions Honda and Toyota, but
>> I'd still give the edge to GM) to try to make electric cars practical.
>> What a spineless wanker. Don't apologize for s**t you didn't do, that
>> just makes you look like you're begging (of course, he probably is at
>> the "begging" point now...)
>>
>> unfortunately I can't find a news link yet, but I bet it will show up
>> shortly.
>>
>> nate

>
> There is far more than GM should have done besides trying to make
> electric cars practical. They should have figured out cost-efficient
> ways to make small cars (instead of importing them from Korea),
> implemented ways to make cars more efficient, make entry level cars
> that consumers would want and that would last, and improved its
> manufacturing capability to be more flexible.


I think their costs are such that they *couldn't* rely on entry-level,
efficient cars to be profitable and had to try to move upmarket instead
(which they failed to do.) Unfortunately moving upmarket generally
means lower volume, and with their union agreements that'd be a loser
too. Importing from Korea actually seems like a smart move, although I
would have buddied up with Hyundai long before Daewoo, who don't have a
particularly stellar record of automotive excellence.

nate

--
replace "roosters" with "cox" to reply.
http://members.cox.net/njnagel
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