GM CEO Wants To See More Cuts

If the economy does not get better the cuts will become very important. GM needs to make the cuts in areas where they are not efficent and not cut development of technology, quality and design. The future depends on these and cuts here will send them back to where they just come from.

14...hmm

Gamma II

Delta II

Epsilon II

Theta-Epsilon

Lambda

Global compact truck

US full size truck

Global van

Corvette

Alpha

Zeta II

and 3 more..(maybe older platforms for South America or Chinese markets? Or Chinese-market only paltforms?)

Edited November 9, 201114 yr by Cubical-aka-Moltar

I like his approach better than VW strategy to become #1 by 2018.

This will drive to faster change over of platforms with new fresh models. I like his goal, driving to 7% margin is a good goal and I agree better than trying to be #1 in the world. Just look at what it did to GM, then Toyota and Now I guess we can watch VW go POOF!

I like his approach better than VW strategy to become #1 by 2018.

+1

I wonder how Ford manages it with the debt load they are still carrying.

If the economy does not get better the cuts will become very important. GM needs to make the cuts in areas where they are not efficent and not cut development of technology, quality and design.

Exactly.

14...hmm

Gamma II

Delta II

Epsilon II

Theta-Epsilon

Lambda

Global compact truck

US full size truck

Global van

Corvette

Alpha

Zeta II

and 3 more..(maybe older platforms for South America or Chinese markets? Or Chinese-market only paltforms?)

Omega

Couple this with more bodystyles per platform and we might have something.

I think that is exactly what they are planning. This is "One GM" just like Ford's "One Ford" without the marketing ploy behind it.

The Focus platform is getting something like 14 different body styles. We may not get them all, but we'll get most.

It's such a no-brainer to do things that way - you have to wonder why they ever abandoned such a viable model.