punchy due to getting older.
Maybe it's because I can't comprehend how someone can mismanage a
company so badly as to need a multi-billion dollar loan.
Or maybe I'm just sick of over-compensated idiots crying because they
have more Rolexes than brains.
Ford now says that they don't actually need a loan, but would like to
have a $9 BILLION line of credit from the government regardless.
So would I, but it's not going to happen. My advice to Ford? Shut up,
bring your more efficient and reliable European market vehicles to the
US market, and watch your profits go back up.
Until then, I'll keep driving my Honda Civic. 40 mpg, reliable, and
built in Ohio. Detroit should take notes.
-Blogged from my iPhone
Posts
As part of GM's "hat-in-hand" plans they propose to set free a number of their brands including Saturn, Saab, HUMMER and scaling back Pontiac.
ReplyDeleteI'm not sure if doing away with Saturn vehicles is such a great idea, since they use mostly fuel-efficient and modern GM Opel platforms. Indeed, Opel's latest Corsa and Agila sub-compacts would be good competitors against the Japanese and Korean brands.
Of course, the main problem is GM was short-sighted in not going the extra mile and engineer the Opel cars to be compliant for use in North America.
Hindsight is 20/20 and more significant when it's the bottom of the 9th, two outs and two strikes.