Comments on: The Slow Death of General Motors

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By: Why Asia Will Supplant Detroit as the Global Center of the Auto Industry

Why Asia Will Supplant Detroit as the Global Center of the Auto Industry — Fri, 15 Jan 2010 21:10:56 +0000

[...] the Chinese market. Given the growth of that market, it will probably make the most economic sense for GM to become Chinese-owned. Politics may delay this, but probably only for a few [...]

By: Why Ford Will be the Last U.S. Automaker Standing

Why Ford Will be the Last U.S. Automaker Standing — Tue, 22 Dec 2009 16:18:04 +0000

[...] GM is a somewhat different proposition, whether it goes through a formal Chapter 11 bankruptcy or not – which we'll know by the end of this month. Unlike Chrysler, GM has a full product development capability and has scored some major successes internationally. [...]

By: Sujay

Sujay — Mon, 27 Jul 2009 11:27:56 +0000

American cars companies have done fairly well in India.. Ford and General motors. I drive an American car in India. In is only in the past one year that sales of American cars have taken a hit.

By: Why Ford Will be the Last U.S. Automaker Standing

Why Ford Will be the Last U.S. Automaker Standing — Mon, 11 May 2009 23:22:59 +0000

By: U.S. Auto Industry Spins Out of Control, as Chrysler Goes Bankrupt and GM Struggles to Reverse Course

Fri, 01 May 2009 09:36:41 +0000

[...] Money Morning: The Slow Death of General Motors [...]

By: Supplier Bob

Supplier Bob — Sun, 19 Apr 2009 23:24:24 +0000

Excellent forum guys.
I can agree with most of the comments as to the possible(or is that imminent?) demise of GM. While i currently don't drive a GM product, i have in the past and am an avid historian of the company.
I am loathed to portion blame as to the main reason for the demise, all of those mentioned previously add up to an insurmountable total. I'd like to add one to the list.
As a supplier to several auto companies, it is GM's purchasing policies/methods/relationship that baffle me most. Why do they have such a hard line with arbitrary , unrealistic cost down targets , hostile take it or leave it type relationships/demands and contract clauses/imbalances that actually stymies improvement and adds cost! The most productive suppler to work with? Toyota. They have a simple partnership approach with suppliers.
GM use a 'best landed cost' benchmark. Essentially this means i have to match that price. On one part i lost to an overseas supplier, the plant takes longer to fit that part and have more defects. Purchasing dept rewarded for lowering the part cost, plant costs go up for more rework, bottom line, it actually costs them more.
I want GM to succeed, its an incredibly iconic brand and provides much needed employment and tax revenue.

By: The Slow Death of General Motors

The Slow Death of General Motors — Thu, 16 Apr 2009 15:13:51 +0000

[...] By Martin Hutchinson Editor, Permanent Wealth Investor Money Morning, Investment News [...]

By: U.S. Treasury to GM: Prepare for Bankruptcy

U.S. Treasury to GM: Prepare for Bankruptcy — Mon, 13 Apr 2009 19:40:42 +0000

[...] Money Morning: The Slow Death of General Motors [...]