Is General Motors Worth Saving?

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The company is burning through more than $2 billion each month. It has $16 billion left. As if they were aboard a dirigible losing altitude, GM's bosses have been frantically throwing all manner of stuff overboard — retiree health-care benefits, people, assets, new car design — to conserve $5 billion. That will get it through the year.


Survey says ...No ! GM needs to die.

You cost a years salary , maybe two years depending on who's doing the counting, for one car. The car lasts three years tops and then dies without significant repairs. Ford Motors knows this and doesn't even bother producing spare parts because they know no one buys a car from them twice anyways, their market is the first time buyer (read that "Ignorant sucker who hasn't been burned yet") and no one else.

You pollute the heck out of everyone in any major city and cause enourmous health problems. You cause wars overseas because everyone needs cheap gas and the government now has to declare it a "strategic material" and go to war to get it when the price goes up.

You can build a vehical for a third the size. A two seater motorcycle with cargo space for grocieries, maximum 30 mph, use buses and trains for long distance travel. Why does every idiot in the world need a tonne of steel that goes 90 mph but spends 90% of it's time idlying in rush hour traffic ? Who decided that was sane ?

The Auto manufacturers decided that was sane ,thats who.

And it isn't.