GM in trouble?
 

http://www.msnbc.msn.com/id/10138507/

cutting jobs & closing plants now?

Not in trouble... Just trying to make back the 4 billion that they lost... dun worry the will be fine

cutting nearly 10% of their global workforce cant be good though, ya think?

I don't see the problem with it when plants are running at 85ish% capacity and you are already losing money.

Sucks for the workers, but no one ever said life was fair.....

- Justin

it's going to be a bumpy ride...

Things will get worse before it gets better.
GM has too much over capacity at many plants. Cutting workers is whats needed to get it done, then so be it. I feel sorry for thoes workers, but GM cant live they way they are now forever, or things will surely get really really bad.

GM needs to concentrate on making a good vehicle again. im very dissapointed when i go to the chevy or pontiac dealer and see crappy cars...

I agree, i think we all know its been downhill since they ditched the fbody:(

i think it started a little bit before that....but that was the definitly a big hit for them to take

No body said that GM was that smart... Hopefully they go through with a few ideas that they have in the portfolio

At least they aren't killing the people

ummmm ok

Problem is, GM DOES make good vehicles. No one is bothering to given them a chance. All of there new cars are worlds above the ones they replaced, and are getting better and better.
When people stop eating the Toyota/Honda BS that they last forever, and that American cars makers suck as making cars, then things will turn around. But there has been an image built up that might be too big to break. There is now a status to these japanese makes that GM cant overcome in a handful of years. Now to own a Toyota, Honda or Nissan ins ome places means you made it and that owning a Chevy, Dodge or Ford means you went with teh cheap option.
People still have the image of an American car as a gas guzzling, large land boat that handles like crap, and fell apart all the time.

100% agree with Al's last post

the fall of the f-body is not really a contributing factor to GM losing money...them keeping it around was losing them money. they just werent selling enough.

Fbodies actualy made money, just very little and went underfunded for many years. GM did not want to invest any more money into a shrinking market.
Despite what the Mustang is doing in sales, it wont sell 200k units every year for the next 5 years. Its a very small market, and GM took there money and invested in the cash cow trucks.
Why the return of the car? Why not? It would be easier and cheaper to make one basing one off a larger, higher volume RWD car, and would make much more business sence, as well as keeping loyal customers. Sports cars guys are like truck guys in that they usualy keep buying products from the same company.

yeah i dont think gm will ever break the stigma they earned in the 70's through the early 90's, it will always haunt them. they dont make bad cars anymore but thats not the real problem, the real one is that there cars are, well ****ing boring. ford and gm have boring lame cars, yes they are good quality and little problems but they are butt. malibu? boring. impala? boring. monte carlo? boring. aveo? boring. HHR? blatent rip off. all buicks? boring. there saving grace as far as fun and excitement is cadillac and some others like corvette, gto (looks boring) SSR etc. ford is the exact same way, all boring except for too few. not that the imports are out of this world exciting but they all are, for the most part, styled freshly and up to date while most american car design is dated.

btw, one of the plants to get closed down is the one making the impala and its saturn cousin (it didnt say about the grand prix), and the one making the SSR, are those cars scrapped now or what?

its not like they killed the fbody. they announced very shortly after that they had all intentions of making another camaro and axing the bird. its like a short hiatus for those stang owners to have SOMETHING to brag about after many years of ownage

well the short hiatus is going on what 5 years now?

In the car world, 5 years aint nothing.

wait till GM launchs all their new suvs/trucks they will have the best gas milage, best power and best cost. we were talking in my electrical class today and my teacher was a gm tech for 15 years. gm cars are just as good as toyota or honda. just the fact that gm for a couple years used some cheap stuff and toyota/honda make teh cheap look expensive. end of my .02$

look how long the GTO was gone