GM Said to Study Shedding Saab, Saturn, Pontiac
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Serbian Steamer
Serbian Steamer
Joined: January 30, 2004
Posts: 12,636
Likes: 0
From: Wisconsin / Serbia
Mazda5 may not be setting records, but it's not a failure. Given that a trend to more compact vehicles IS apparent across the market, a Merc-branded C-Max with reasonable sales goals is attainable. If they're already going to manufacture the platform over here, might as well put out as many products based off it as the market can handle and make some cash.
If I remember correctly Mazda was planing to sell 25,000 of them per year. So even with 30% increase in sales Mazda wasn't able to reach that goal.
Team Mustang Source
Joined: June 19, 2004
Posts: 6,840
Likes: 2
From: Phoenixville, PA
They need to kill it, and kill it now. Here is what GM proposed to secure funding from Congress:
Mercury, too, must die.
- Focus on "core brands": Chevrolet, Buick, GMC and Cadillac
- Launch predominately high mileage, energy-efficient cars and crossovers
- Sell Saab, HUMMER
- Sell or kill Saturn
- Reduce Pontiac to a "niche" brand
- Trim dealerships from 6,450 to 4,700
- Reopen talks with UAW to cut manufacturing costs further
- Reduce total workforce from 96,000 to 65-75,000
- Negotiate with lenders, remove $35.6 billion in debt
Mercury, too, must die.
This isn't gonna sit well with Congress. This is actually asking for the loans to be forgotten, and dropped. When congress sees this, they will ask Wagoner about the money they want and then ask how they will pay it back, when they can't pay back current lenders. This is not going to be good on Thursday.
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Closet American
Joined: July 17, 2005
Posts: 5,851
Likes: 1
From: Vancouver, BC (Hollywood North)
They need to kill it, and kill it now. Here is what GM proposed to secure funding from Congress:
Though this follows what I have been predicting for some while now, it omits a few things GM ought to be doing: restricting Buick to the Orient, killing GMC's consumer division, and declaring death to Pontiac.
Mercury, too, must die.
- Focus on "core brands": Chevrolet, Buick, GMC and Cadillac
- Launch predominately high mileage, energy-efficient cars and crossovers
- Sell Saab, HUMMER
- Sell or kill Saturn
- Reduce Pontiac to a "niche" brand
- Trim dealerships from 6,450 to 4,700
- Reopen talks with UAW to cut manufacturing costs further
- Reduce total workforce from 96,000 to 65-75,000
- Negotiate with lenders, remove $35.6 billion in debt
Though this follows what I have been predicting for some while now, it omits a few things GM ought to be doing: restricting Buick to the Orient, killing GMC's consumer division, and declaring death to Pontiac.
Mercury, too, must die.
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