Motokid
New Member
muggle said:And Ford and GM will go bankrupt if they continue to blame the Union for all their woes and do not bring their plants up to speed among the many other problems thay have caused.
And did you not see this from me?
motokid said:I'm sure there's plenty of blaim to throw around, and the top brass are no exception. They deserve to be hit hard too.
So how much money is needed to bring plants "up to speed"? Hundreds of millions maybe? Where's that going to come from? If GM is the number one selling auto manufacturer in the world for decades on end, and during what could be the worst financial year of their entire history they still manage to be the number two selling manufacturer in the world, and have the second highest sales numbers in terms of cars sold in their history, money going in is not the problem. GM sales brought in huge, huge dollars. They should be swimming in money. The stock should be soaring. Quality of the product is not the issue. Sales is not the issue. The products are not the issue.
The problem is what the money has to go to before it can be used on anything else. 20 years ago they sold less cars and made more profit.
2005 was the second largest volume of cars sold in GM company history.
It's pretty plain to see that the problem is in where that money goes, not the lack of money.