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GM CEO Letter
"Gosi" wrote in message news:2fa2af35-586b-46fd-a861- It is impossible to wake up the dead ********** Not impossible, but somewhat rare. A lot of corporations are so set in their ways, from top to bottom, that change can be all but impossible. And, I think we are talking about significant change in these industries. They apparently cant continue to do "business as usual" and expect to prosper in the markets we are seeing just at this moment. If their cars are ultimately desirable (which they havent been in later years) and if the market exists which will pay for value received, then it is smooth sailing. The Big 3 seemed to be just holding even (actually losing some money) because of their expense overhead, losing market share, and finally crushed by the sudden unpopularity of their profitable SUVs and pickups. It will be a challenge. |
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