Thread: GM CEO Letter
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80 Knight[_2_] 80 Knight[_2_] is offline
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First recorded activity by BoatBanter: Jan 2009
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Default GM CEO Letter

"Canuck57" wrote in message
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"HLS" wrote in message
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"C. E. White" wrote in message
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Lot of total BS in that letter you seem to like. I think it was
written by a bitter overpaid salesman that failed at his job.

Assembly plants are routinely ranked on productivity by outside
auditors. GM and Ford plants often do better than US Toyota and Nissan
Plants. Unions have certainly gone to excess in some cases, but
without unions (or at least the threat of unions), how do you think
GM, Ford, Toyota and Nissan would treat their workers? I wonder how
well Mr. Know treats his...

It has been awhile, but I still recall the reports on how Toyota
treats it suppliers in Japan. I am not talking about the happy Toyota
workers at the Toyota assembly plants. I am talking about the harassed
brow beaten pennies a day worker at Toyota's suppliers.I'll bet Mr.
Know would love that model. Maybe when he get his wish and the "Big
Three" go under, and his only significant Customer is Japan Inc, he'll
enjoy the experience.

Ed

This has little to do with it, as I see it, Ed.

These companies have to be successful financially, like any other
company,.
Their luck may have run bad, but their leadership and elaboration of
their
activities has been poor.

They have been given a second shot at life, courtesy of the US
taxpayers.

They need to step up to the plate, or leave the field.

Yep, a second shot from US and Canadian tax payers. Hope they don't
waste it but after 30+ of dysfunction my guess is they have neither the
culture or leadership to take advantage of it. But, if they took it
seriously they might make it work. Both the management and union need
to get real, tough, lean, mean and really really want it as lip service
BS isn't going to carry the day any longer.


You do realize that GM has not taken one cent from the Canadian
government yet, right?



Not sure, but they might not have gotten it all yet. But the $4-5B in
money is allocated and as good as gone. $760M has already been flushed
outright. I think it has some condition with the union... like no-strike
then woosh down the toilet it goes. Well, if your sitting on your ass for
95% pay at home for Christmas and January that is very expensive tax payer
subsidy.


GM has not taken any money from the Canadian government as they wish to know
the exact terms of the loan, and the government has not provided those terms
yet.