tag:blogger.com,1999:blog-3244123422713926575.post2735659947134126983..comments2024-03-28T11:44:19.174-07:00Comments on Flint Expatriates: G.M. Back for More?Flint Expatriateshttp://www.blogger.com/profile/08352270564340149006noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3244123422713926575.post-17369831779145474802009-02-16T12:06:00.000-08:002009-02-16T12:06:00.000-08:00GM is in desperate need of rapid restructuring, in...GM is in desperate need of rapid restructuring, inside or outside the court system. In the skid from 48% market share (late 50's) to today's mid 20s, GM has not shed costs, brands, capacity, and complexity fast enough. They will suck billions from the government each quarter (as they have with their own cash reserves before they ran out) until the restructuring happens. <BR/><BR/>I suspect that they have so many dealer/supplier/union contract issues, that only a court supervised restructuring can happen quick enough. I wish it were not true. At least Wagoner is seeing (saying) it now, but it does say much for his leadership to reach this point. Desperately clinging to the power he has left...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3244123422713926575.post-75135207429437615792009-02-15T19:36:00.000-08:002009-02-15T19:36:00.000-08:00un-effing-believable.un-effing-believable.Anonymousnoreply@blogger.com