What’s wrong with General Motors?

It seems that #GeneralMotors has deteriorated and is in trouble yet again with: GM posted a decline in net income of 141% in 2018. GM registered a $4 billion net loss in 2017. GM recently announced the closure of 6 manufacturing plants. Meanwhile, Toyota actually increased net income almost 40% in 2018, and earned a net income of $17 billion in 2017. Why is #Toyota thriving?  While #GM struggles? ŸDoes corporate staff dominate decision making? To... Read More

The GM & Chrysler Bankruptcies

“The General Motors Corp. Chapter 11 bankruptcy marks the humbling of an American icon that once dominated the global car industry and sets up a high-stakes gamble for USA taxpayers.” Reportedly both General Motors and Chrysler will exit from Chapter 11 Bankruptcy Court in 60 to 90 days. This sounds like wishful thinking and may involve some public relations imagery. To “correctly” restructure a significantly less complex and smaller manufacturing... Read More

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