GM to idle most U.S. plants up to 9 weeks: report

[Bindare_Dundat]

SAN FRANCISCO (MarketWatch) -- General Motors Corp. (GM:General Motors Corp
4:00pm 04/23/2009

GM will idle most of its U.S. plants for up to 9 weeks because of diving sales and growing inventories, The Associated Press reported late Wednesday, citing two sources briefed on the plans. The shutdowns are expected to coincide with GM's normal two-week closure in July, according to the AP.

[bigdumbbell]

SAN FRANCISCO (MarketWatch) -- General Motors Corp. (GM:General Motors Corp
4:00pm 04/23/2009

GM will idle most of its U.S. plants for up to 9 weeks because of diving sales and growing inventories, The Associated Press reported late Wednesday, citing two sources briefed on the plans. The shutdowns are expected to coincide with GM's normal two-week closure in July, according to the AP.

they need to file chapter bankrupcy asap so the recovery can begin

[The True Adonis]

they need to file chapter bankrupcy asap so the recovery can begin

That still is not going to make people buy their products.  They produce too much, their product is too poor and the demand is too low.


They need to scale back and really focus on innovation and new ideas.  The current business model seems to be build cars so that there is a turnover rate of 3 years or so in which the owner is in a position to be suckered into buying another one of their cars because the current one is failing even after a short time.  Thus quality taking a backseat to profit via "the revolving door" model.

[bigdumbbell]

That still is not going to make people buy their products.  They produce too much, their product is too poor and the demand is too low.


They need to scale back and really focus on innovation and new ideas.  The current business model seems to be build cars so that there is a turnover rate of 3 years or so in which the owner is in a position to be suckered into buying another one of their cars because the current one is failing even after a short time.  Thus quality taking a backseat to profit via "the revolving door" model.

yes, retire the name General Motors and focus on brands

[Soul Crusher]

That still is not going to make people buy their products.  They produce too much, their product is too poor and the demand is too low.

They need to scale back and really focus on innovation and new ideas.  The current business model seems to be build cars so that there is a turnover rate of 3 years or so in which the owner is in a position to be suckered into buying another one of their cars because the current one is failing even after a short time.  Thus quality taking a backseat to profit via "the revolving door" model.

and continue . . .

Their prices are too high because the cost of union labor makes is such that the cars are overly expensive.  The customer thankfully has better options elsewhere than to subsidize Union nonsense by buying better cars at the same prices.

[Hereford]

and continue . . .

Their prices are too high because the cost of union labor makes is such that the cars are overly expensive.  The customer thankfully has better options elsewhere than to subsidize Union nonsense by buying better cars at the same prices.

Or much less, in many cases. A Toyota Tacoma costs less than an F150, and is a much better product.

[Bindare_Dundat]

GM lets go of Pontiac.