|
|
« Previous Thompson | Next Thompson » |
|
With Sales Chief Out, Does GM Know Where It's Driving?
ByGeneral Motors' sales chief Mark LaNeve is leaving the company and leaving behind a job opening that falls somewhere on the impossibility spectrum between handling Goldman Sachs' PR and opening a Focus on the Family chapter at Yeshiva. GM's problem isn't just that it's an old cripple of a company carrying a mountain of debt and pensions (although that's certainly a leading concern). There are so many reasons why GM is hosed:
Sales were down 45 percent in September, and it didn't even win
the Cash for Clunkers sweepstakes. GM isn't just a slowly-failing
company, it's just been a bad auto maker, objectively. Consumer Reports
recommended 19% of its cars this year. That's worst in the auto making
world, and under the Mendoza Line. You could even say GM isn't a car company any more. It's pretty much turned itself into a truck company that also makes some cars.
Atlantic contributor "Anal_yst" would say: Yes, but that's not so crazy. Americans don't want small cars, after all. So perhaps GM would be better off cornering the market on hybrid SUVs, I don't know. What I do know is that I have little envy for the poor soul who fills LaNeve's shoes.













.jpg)















Join the Discussion
After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus