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Old 04-01-2009, 09:27 AM   #37
pauldun170
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Join Date: Nov 2008
Location: New York
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The problem is that we assume that in order for GM to survive they need to sell more cars and make a profit on each one.

Unfortunately this is not the 20+ years ago. The market is diverse and increased sales will not fix GM's problem. Even if GM could pull off a "hot" volume seller and increase sales they would still be in hot water.

They need to shrink.
They need an old fashion "regroup".

They have crappy obligations throughout from labor to vendors (vendors them selves have the same issue of crappy labor contracts and vendors).

They have an OBSCENE amount of redundancy in the portfolio.
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