Tuesday, May 10, 2005

Kerkorian Sees a Different Shape in GM's Sinking Ship

Ah hah! The reason that Kirk is going after GM. The long-term message is a sham and everyone knows it. GM is done. If he gets them to spin-off GMAC, they will be finished. Too slow, too much union power, and too stubborn. Why don't they tell the union that they will declare bankruptcy to get out of the contract. Why don't they tell the dealers that they will declare bankruptcy to get out of having to make cars no one wants to buy. I thought some of the vision stuff would be taken care of when they got Lutz, but I was wrong. The cars do look better, but why do they need five nameplates selling the same car?

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