<VV> re: GM Announces 30,000 Job Cuts

[Kent Sullivan]

Or most any American auto maker, circa 1986. If you have not read "The
Reckoning" by David Halberstam, I highly recommend it. It's an enormous book
but worth the effort. Halberstam traces the rise of the #2 Japanese auto
maker at the time (Nissan) with the fall of the #2 automaker in the U.S.
(Ford).

The book was written almost 20 years ago but the events in it are playing
out still--in the ways Halberstam indicated.

I also highly recommend tuning into the Speed TV show "Autoline Detroit".
This 1/2 hour weekly show has excellent commentary on what's going on behind
the scenes in Detroit.

--Kent
-----Original Message-----
From: virtualvairs-bounces at corvair.org
[mailto:virtualvairs-bounces at corvair.org] On Behalf Of Padgett
Sent: Monday, November 21, 2005 10:48 AM
To: virtualvairs at corvair.org
Subject: <VV> re: GM Announces 30,000 Job Cuts

From:
http://money.cnn.com/2005/11/21/news/fortune500/gm_cuts/index.htm?cnn=yes
Terminal idiocracy IMNSHO  (from the referenced article near the bottom)
>Wagoner said he believed that a new line of large SUVs due early in 2006
should give a lift to those sagging sales, and that some of its large SUV
capacity is being changed to produce either SUVs or pickups, depending upon
demand. He said GM needs to keep capacity for the vehicles that it can sell
at the greatest profit -- namely the larger vehicles.<

"Why are you building large cars ?"
"Because they have the highest profits."
"But the public demand is shifting to small fuel-efficient cars."
"Huh ?"

GM, 1956 ?

Padgett

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