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GM says 'NO' to axing a division... at least not yet!
Posted: Fri Mar 25, 2005 1:37 am
by kostby
Quote »General Motors Corp.'s top sales executive assured alarmed dealers Thursday that the automaker has no plans to kill one of its U.S. brands a day after Vice Chairman Bob Lutz said GM could "phase out" some struggling nameplates if sales continue to fall. "We are not discussing or planning the elimination of any of our brands," Mark LaNeve, GM's sales and marketing chief for North America, told dealers in an e-mail Thursday. "On the contrary, we're investing more heavily than ever on new products and marketing programs." Link to full article -->
http://www.detnews.com/2005/au...4.htmRelated discussion thread on GMInsideNews.com -->http://forums.gminsidenews.com...pp=20One of the enlightening comments posted opines that Bob Lutz is a loose cannon who should NOT be allowed to speak whatever is on his mind in front of the media!
Re: GM says 'NO' to axing a division... at least not yet! (kostby)
Posted: Fri Mar 25, 2005 2:38 am
by tnpartsguy
Posted: Fri Mar 25, 2005 12:04 pm
by kostby
Apparently Bob Lutz was speaking his mind, rather than 'authorized companyspeak' when he talked about shutting down underperforming divisions. The GM Public Relations machine has now 'corrected' him.What's really scary is that by committing now to a decision to KEEP all their car lines (even the drastically underperforming ones that SHOULD be sold or killed-off), they are virtually assuring themselves that the decline in sales and market share will continue!
Re: (kostby)
Posted: Fri Mar 25, 2005 2:18 pm
by Flip-Side
Quote, originally posted by kostby »What's really scary is that by committing now to a decision to KEEP all their car lines (even the drastically underperforming ones that SHOULD be sold or killed-off), they are virtually assuring themselves that the decline in sales and market share will continue!Killing off a product line means thousands of lost jobs, union problems, and other issues that actually make it more difficult than it sounds. Good design ideas have always had problems showing up in GM's "watered down" line-up. Once GM comes out with an urban assault grocery getter, mabey things will improve. Wait, they already made the H2. Silly me.