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more about #industry more comments → Sheila: GM is to blame for a history of bad decisions, including underfunding their workers' pensions. more » If_I_Had_a_Poodle: USA! USA! shareholders failed to oust management that was blind and deaf to the market management failed in every possible way labor is just that -- l... more » Novaload: AMC made Gremlins, so that part can't be true. more » El Matardillo: The only American car I would ever consider buying now is a Ford, a company that has taken no bailout money. GM and Chrysler can go right out of busi... more » j6r: Now G.M. is sinking billions into the Chevy Volt, an all-electric car that will cost twice as much as a Prius, and still be a Chevy, so no one will wa... more » Jo Schmo: It was Colonel Mustard in the Library with a wrench. more » A strolling player: Four decades of mismanagement. more » I Love New Jersey: The Unions, Congress and the Democrat party. more » Kosar Söze: Not to mention the simple fact that GM's total employee cost per hour is $70, compared to $45 for Toyota. "And the stubborn unions that crippled the i... more » meechybee: GM was like a junkie looking for its next fix. They gobbled up relatively-successful brands and forced them to dance until they died. Meanwhile, they ... more » paxcincinnatus: the $1000 extra per car is a total red herring. due to the massive employee buy-outs, staggering concessions, and forth-coming two-tiered wage system,... more » FormerEnglishMajor: GM has 300,000 employees. At $50 billion, that is $167,000 per job "saved". They have a further 800,000 retirees (that's right, 300,000 supporting 800... more » kneetoe: Wait, aren't the Gubmint, the Hippies, and the Elitists more or less all the same group at this point? I'm not sure if the Gremlins belong in there as... more » FormerEnglishMajor: So you're sincere here: "Once again those foreign-owned plants did it right. Their non-unionized workers contribute to the cost of their own health ca... more » Trulymadlyme: Now G.M. is sinking billions into the Chevy Volt, an all-electric car that will cost twice as much as a Prius, and still be a Chevy, so no one will w... more » -
