GM exits bankruptcy, CEO vows better performance

Discussion in 'Wall St. News' started by S2007S, Jul 10, 2009.

  1. Well, I for one as a taxpayer am very glad to hear that the new GM will produce cars people want to buy, have excellent customer relations and make lots of money. I guess such a plan never occurred to the old managment.

    I guess this just proves how wise obama is.
     
    #11     Jul 10, 2009
  2. Banjo

    Banjo

    #12     Jul 10, 2009
  3. Remember that deal GM had this morning with EBay to experiment with auctioning new cars? The one designed to make the ol' Detroit automaker look innovative? Turns out there's no deal with EBay. When will GM learn?

    Hey, GM, would you mind meeting us over at camera three for a minute?

    OK, GM, seriously, between us, you've got to stop this whole half-assed PR thing. It's no longer about doing things to make you look good, or looking for ways to make people think you're looking good, it's about actually doing good. So if you've got the idea to work on a deal with EBay, work on a deal with EBay, finish it and then announce it. Don't announce that you're thinking of possibly engaging in talks on a deal to try stuff out with EBay and then have EBay turn around and call you out for not actually doing anything.

    In most cases it's ridiculous to use Apple in comparison with GM because, well, they're two completely different types of companies, but one way it works is PR. When Steve Jobs announces a new product, he's got it ready to hit stores and it's going on sale that day. Not three months from now. Not six months from now. Of course, autos are a different deal. I know it takes five years to bring a new car to market. But we're not talking about cars — we're talking about PR. Or what you should be calling PR instead of the shit you've pulled recently like the "deal" with Segway for the PUMA or now this "deal" with EBay. Quit coming to the public with half a thing and come to the public when you've got the whole thing.

    I don't know if this constantly half-baked idea problem is an issue with Steve Harris's PR team or if it's an issue with the entire C-suite, but fercrissakes, quit doing what looks like the equivalent of walking out of a bathroom with your zipper down and the back of your shirt tucked into your underwear. Frankly, you look like the jackass old guy in the office who still talks about the good ol' days when he could play grab-ass with the secretarial pool. No offense, Bob.

    The point is, if you want to be considered a world-class automaker with world-class, innovative ideas, you've got to actually have some world-class, innovative ideas — which it sounds like you do — but then you have to deliver on them. But if you keep coming up with great ideas and then fall down on the implementation and marketing of them, you're never going to figure out you've got your shirt tucked into your ass crack.

    http://jalopnik.com/5312155/ebay-says-no-deal-yet-with-gm
     
    #13     Jul 11, 2009
  4. AK100

    AK100

    #14     Jul 11, 2009
  5. #15     Jul 11, 2009
  6. TGregg

    TGregg

    It is hilarious to read all the breathless cries from the MSM about how GM has emerged from bankruptcy. It is also sad at the same time.

    I guess it's inevitable. The bright light of liberty is easy to spot, and quickly draws enemies as well as friends. Eventually, many of the friends are turned by the promise of "Better than Free" from the enemies, and the light is extinguished once again.
     
    #16     Jul 11, 2009
  7. loza

    loza Guest

    yeah and new solution is........

    the Internet!

    I am convinced that some of these MBA types are in fact terminally stupid.
     
    #17     Jul 12, 2009
  8. #18     Jul 12, 2009
  9. Wonder how different this would all be looking now if Reagan hadn't subsidized GM in the 80s?
     
    #19     Jul 12, 2009
  10. Really? Announces a new product the same day it goes on sale?
     
    #20     Jul 13, 2009