General Motors in the News

June 10, 2009
Here is an excerpt from CBS News:

                New GM Chairman: "I Don't Know Anything About Cars"

Edward E. Whitacre Jr has been appointed as the new chairman of GM and will take post after the company emerges from chapter 11, despite admittedly knowing nothing about cars.

"I don't know anything about cars," Whitacre, the 67-year-old former chairman of AT&T, said yesterday in an interview with Bloomberg News after his appointment. "A business is a business, and I think I can learn about cars. I'm not that old, and I think the business principles are the same."

Follow this link to read the whole story.

Hey, this sounds like disaster to me!... GM started the downhill slide with Roger Smith and the "bean counters." The result was the "cookie-cutter cars" and such awful mistakes as the Cadillac Cimeron and the Chevy Vega. Once you couldn't tell the difference between a Chevy-Pontiac-Oldsmobile-Buick-Cadillac except for some badges and trim, buyers began to look elsewhere for some automotive excitement.
How, I ask you... HOW, could a corporation bring to market the Pontiac Aztec??? Here is the perfect example of how NOT to design a car. Recently Bob Lutz was getting GM back to making real cars, but Barack and the environmental wackos showed him the door.

Remember, it was one of the "best and brightest" boys at Ford, Robert McNamara who screwed over Ford and then brought us the Vietnam war. It took a car guy, Lee Iacocca to get Ford on the right track. I may be wrong, but I would bet that Whitacre is going to bring us a new GM Obamamobile that will be a paragon of economy... but NOT what the car buying public wants! --Will Murray