New Era in Autos as GM Set for Bankruptcy
The question now facing 56,000 auto workers, 3,600 GM dealers and the Obama administration: Will it work? Full Story »
Posted by Kaizar CampwalaThe question now facing 56,000 auto workers, 3,600 GM dealers and the Obama administration: Will it work? Full Story »
Posted by Kaizar CampwalaThis is about as much as we can expect a news article to offer us about the GM bankruptcy and how the company can climb out -- or struggle. Very well executed, insightful.
Presents the paths to success for GM, along with the considerable challenges it faces to get there. Excellent fact-based analysis.
Almost nothing on what sort of cars GM is going to produce and if they will meet the public demand or only design what the like to design.
If the Chevy volt is as far as GM is going to go to satisfy the American and the world market she may as well pack it in now. There is a tremendous hunger out there for a simple, inexpensive, recyclable, robust, long lasting, efficient electric car that can be repaired by a back yard mechanic. If GM produces such a car, initially she will have huge markets but eventually she will have to downsize because of a) the long lasting quality of such a car and b) how such a car will cut ... More »
The "reporting" begins with a series of unsubstantiated assertions. When did sourcing cease to be a journalistic requisite? Further down, the reporting becomes more factual. It's as if the reporters wrote one story and the higher-ups put their version on top of it.
What about the millions of shareholders, many of them retirees on fixed incomes, who learned only at the last minute that existing stockholders would be wiped out? Is this the face of contemporary populism.