evok

Before you talk of somethings you do not know about or appear to not understand - have you gone through the filings? - I am going that right now. Your statements are naive.

This has been going on for years now - because of GMs current situation the press has latched onto the story. http://detnews.com/apps/pbcs.dll/article?A.../603290389/1148

Why did Patsy Lou Williamson want to cut your commission?

LOL hey thats my tag. In and out over and over and over and over . . .

The 8ths and 9ths managers and directors were this morning. The 6ths and 7ths appear to be this afternoon. I was told there were taxi cabs out front at the GM facilities to take the managers home after they drop off their cars and were given the news. Some whole groups were completely wiped from the org chart.

And you my friend should be committed. After a year of blabbering on the boards about the same old nonsense, you have yet to learn what really troubles GM. Are you still calling for DPH to strike GM?

Why do you see older people driving luxury vehicles? Because they can afford them. Why do younger people drive entry level vehicles? Because that is all they can afford. I doubt this data has changed all that much. http://www.usatoday.com/money/autos/2001-0...-age-charts.htm http://www.usatoday.com/money/autos/2001-0...age-chart-2.htm Somewhere is a previous Pontiac discussion I posted a recent link to Pontiac's demographics. The average age was app. what was in the older USA Today article. I believe it was 42.

There are a total of app. 2700 candidates that are marked to be released in the near future. That is the number I have been told.

This is not over yet - this is just round 1 for 2006 and more cuts are coming.

"I'd just like to give CREDIT where it's due! (Unlike the "G6 is a failure" media) The G6 IS selling and Pontiac DOES hold equity with YOUNG people." I posted the numbers that were implied in this statement. The Grand Am was new in 1999 and not 5 years old in 2001. In real dollars - the current G6 is cheaper, though as a percentage less reliant on on fleet, retail sales of the 2001 GM in sales appears to be greater. I selected the years I did because they should reflect full production and model availability. My comments are data driven - I find it irrelevant to make comments such as: I was in Florida and I saw 40 Lincoln Town Cars one day, the car must be selling well.

The numbers do not lie, even if it is a better car.

http://media.gm.com/servlet/GatewayServlet...=74&docid=17049

Not to diminish the affect this has on people lives, but GM has been offering buyouts, incentive packages and laying off contractors for 6 years now. In that time period, GM has reduced their salary and contracted staff as GM consolodated operations by about 20k people using a conservatve estimate. The real number is probably closer to 30k. This time around it was explained to me that employees were rated over the past year and categorized into bins as to when they would be let go. This is not something recent but has been going on. GM first had to reduce their contract burden, before targeting their direct staff because of potential legal action if the direct staff was targeted. Though that thread still looms, GM is now targeting under performing and non-essential direct staff as well as managers. I assure you there is still a lot of dead wood at GM. My hope is that GM targets that dead wood. Strategically targeting mid-level managers should send a needed wake up call to the organization. This is needed. There still is a disconnect between upper management and the front line troops. Some of the stories I hears are appalling. Whatever actually transpires and the outcome it is happening as I type this.

Most of it has. These moves are precise and surgical.

It appears the proverbial "it" will hit the fan tomorrow morning, young and old a like at all levels of the org chart will be told to leave. Select GM 8th level and above managers will be shown the door. Black Tuesday is designed to shake things up at General Motors. I am lead to believe that app. 2,700 employees will be let go thougout the organization, including managers this time. This is not a random firing. Every employee has a number assigned to them. A lot of this will be kept quiet for fear of potential law suits as a result of GM's actions.

"You know where the Commack Motor Inn is." ha ha ha

Lets look at the numbers: Back in Feb. 2001 GM sold app. 17,000 Grand Ams for the month. Fast forward to Feb. 2006 where GM sold app. 10,000 G6s. Not bad for a damaged brand. Sales are down 40%. So much for "We Build Excitement"!

GMX 320 Launched in November 2001 as an 03. The GMX322 will launch in July 2007 as an 08 and should be in dealers in early fall late summer. That will put to rest any allegations of conflicting reports. So to put an end to this discussion the current 320 CTS will be in production 5 years and app. 8 months when it will be replaced by the 322.

I do not think it is even an option at this time for the reasons I stated above. GM USA is just a market and not a definition for the company. GM sells more vehicles outside the US than in. Selling stock in an auto partner (Fiat, Fuji, Suzuki) is one thing, selling an integrated entity (Holden) is something else.

Springhill should be the first for GM.

Yes

This just speculation. Holden is to integrated to be sold off and would not command more than a couple billion at most if 100% is sold. If GM needs cash, there still is a lot of equity in GMAC. And more interest with potential suitors.

That is what the BM will want everyone to believe.

Besides the BM's 20 Pts to Return to the Cess Pool, he refuses to add constructive and productive discussion on what GM management could do to restructure the business. I forgot fire "Red Ink Rick." He brings little if nothing to the discussion, besides the above. Hell he does not even understand this GMAC Commercial Holdings transaction based upon his latest tirade. Maybe the BM should sell his stock in GM and take the tax loss. I am willing to bet he bought at 70. Instead of blaming himself for a bad investment he is blaming everyone else.

Dieses ist über Geld, Energie und steuert nicht Rennen oder Religion.