precisenews.com

ESPN Bottomline

Tuesday, December 08, 2009

Rants - Autoextremist.com ~ the bare-knuckled, unvarnished, high octane truth...

Autoextremist.com - an Internet magazine devoted to news, commentary and analysis of the auto industry - a weekly

Some of my colleagues in the media have been quick to canonize Ed Whitacre, characterizing the new “interim” GM CEO as some sort of visionary for his latest management shake-up this week. And judging from what I’ve been reading, “Big Ed” seems to be getting a huge pat on the back for making the most rudimentary executive moves he could have possibly made - some of which are highly suspect, at best – and for using the words “accountability” and “responsibility” and phrases like “taking risks” as examples of GM’s new mantra. ...

GM needs a true "car guy" running the show. "Big Ed" has publicly stated he doesn't know anything about cars. That, to me, is astounding! Other than the fact that he's an Obamao disciple, and got the job due to Obamao's fascist take over of GM, why would anyone hire someone to run a company in which they have no experience?! It makes absolutely no sense what so ever. It would appear that this same inept line of thinking has now cost several thousand more people in the auto industry their jobs due to the failure of the deal for the Penske Group to take over Saturn. Well, maybe they can get the Chinese company that bought Hummer to save the deal.

No comments: