Re: GM admits it flucked up big time

>> >> >>>> We're at "the end". The long term strategy is won. Notice though that >>>> the GM fan boys here are still as pig headed as GM is: blaming the >>>> customer for not buying what they build and claiming "more of the >>>> same" is the best strategy of the future. Some people are just too >>>> foolish to look and see the light, even when it's about to blind them. >>> >>>You are the fanyboy. You cross-posted this thread, just to start up a >>>flame >>>war between Domestic and Foreign fans. I'm sure your buddies in the >>>Toyota >>>newsgroup are just loving you for starting that. As for GM people >>>blaming >>>the consumer for not buying there vehicles, I feel the need to remind you >>>that the #2 selling vehicle in the US is a Chevy, right behind a Ford. >>>Now, >>>if you are done with your flame war, it would be nice if you left. >> >> Nope, I posted this thread to highlight GM's admittance that they >> screwed up. Some people seemed to be arguing otherwise - particularly >> the guy who started a cross posted thread indicating that GM's >> problems were the fault of them thar forin car buyers. That's >> incorrect, and GM has admitted it in the most public way they could: >> with a full page advertisement in the leading industry publication. >> >> If the fan boys like you would just acknowledge what GM admitted to, >> instead of trying to defend the indefensible, there'd be no flame war >> at all. >> >> As for "#1 selling vehicle" - If Chevy is so hot, why does GM want >> billions of public tax money to fund their private company? Oh wait, I >> know: "we lose money on every sale, but we make it up in volume". > > Actually, they were making the money on GMAC and Ditech. Then those fell > on their faces, and GM was left holding the bag. > > Really, when it comes down to it, they aren't looking to bailout the > car-making part, but the financial businesses that went flat. > > I'm not sure, but I'd guess that since GM isn't a bank, they can't get in > on the banking industry bailout. > > >
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Mike Hunter
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