Originally posted by: dmcowen674
Originally posted by: burnedout
Originally posted by: dmcowen674
Originally posted by: burnedout
Originally posted by: dmcowen674
"General Motors (GM) plans to cut its U.S. workforce about 7% for a fourth consecutive year in 2005"
Yep, that's the RRR FLL version of a growing Economy alright :roll:
Would you rather GM go out of business completely because the company can't remain competitive due to socialist practices? Would you prefer that GM simply layoff employees instead of making cuts through attrition?
Bullsh1t.
GM can't compete because they are too busy pimping out massive SUV's catering to Rich RRR Pansies.
They deserve to go out of Business.
You mean producing what consumers are willing to purchase, right Dave? Who forced the SUV owners to make those purchases? No one. A market existed and GM (along with Ford, Daimler-Chrysler, Honda, Nissan) satisified market demand.
Clearly a case of the Rich Vs the Poor in the U.S., now that the Rich RRR won the Election they want more Gas Guzzling power to show off and compete with the Jones:
1-10-2005
GM Touts Big Engine Despite Hybrid Clamor
DETROIT - Never mind the fuel-sipping, gas-electric hybrid vehicles. Detroit wants to send power to the people.
Detroit's Big Three think Americans still want cars with big engines.
While Japanese automakers Toyota Motor Corp. (7203.T) and Honda Motor Co. Ltd. (7267.T) have won the hearts of environmentalists with their hybrids, GM believes its V-8s will win over American wallets.
"Right now the drive for more and more power in cars is way larger than the drive for more and more hybrids," said GM Vice Chairman Bob Lutz, the top carmaker's long-time design guru.
To emphasize the point, GM on Monday will unveil at the Detroit auto show its fastest car ever -- the new Corvette Z06 -- as well as the Cadillac STS-V, powered by a supercharged V-8 engine that delivers the most horsepower of any Cadillac.
POWER TO THE PEOPLE!
This spring, Chrysler plans an even more powerful version of the car -- the 300C SRT8, beefed-up with a 6.1-liter, 425-horsepower V-8 engine.
"The hybrids have been getting a lot of publicity, but the fact is people still like power," Michael Omotoso, senior market analyst with Global Insight, said. "There's a market for both ends of the scale. Some people like the fuel economy, some people want the power of a V-8."
Even with the new cars coming to market, GM will have a difficult time holding its U.S. market share this year due to its aging lineup of pickup trucks and SUVs, analysts said.
Toyota plans to nearly double the number of Prius sedans it sends to the United States this year to about 100,000 units to meet surging demand for hybrids, and offer hybrid versions of its Lexus RX 330 and Highlander sport utility vehicles.
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Good, it won't be long before Toyota takes over the Number one spot and GM is gone, good riddence.