Grading the Automaker Bailout Plans

forgot one...

DeLorean...talk about a cool design ;)

Chris of AZ @ Dec 12, 2008 13:28:12 PM

Won't but American autos in future if they get bailout

All I can say is, if the 'big 3' automakers get a bailout, after decades of mismanagement and greed, squandering their allowance on candy & gum and now whining for more, I will never buy another U.S.-made vehicle again.

Chris of AZ @ Dec 12, 2008 13:16:48 PM

Automaker bailout

Where was the bailout money for the long-dead automakers such as Studebaker, Packard, DeSoto, Hudson, Kaiser, Nash, Tucker or any of the thousands of automakers that couldn't make it because of dirty pool that the big three played?

Maybe the demise of the big dinosaurs of the auto industry will make way for more innovative and necessary changes by startups in the industry.

I'll never understand why the big automakers have stopped making the efficient and badly needed small cars such as Geo Metro or the e-car.

They behave like the mob of the thirties. Good riddance!

Phil Weiss of NY @ Dec 12, 2008 10:16:33 AM

automaker management accountability

Remember this day. December 12, 2008 a referendum on behalf of the American taxpayer to hold GM, Chrysler and Ford management accountable for their own transgressions. Auto Workers unite and hold these managers accountable. Don't lose site of the miserable management that got your companies where they are today. It's a big mess that will hurt the line worker, so let's press the managers to take their hits too. Don't forget that mismanagement got you into this mess.

It's not the line worker who for many years ignored consumers. It's not the line worker that approved inferior designs and resisted conventional wisdom to produce more fuel efficient vehicles.

Unfortunately, the auto industry, as with airlines, is an industry Americans can love to hate. Polling Americans would likely reveal a large percentage of disgruntled consumers of these industries. It's the arrogance we hate. Both industries continue to treat their customers as problems rather than the life blood of their existences. In the short haul this arrogance is stupid, but in the long run it's deadly.

It's done. The leaders of GM, Chrysler and Ford should be held accountable now. It's on them to make this better from here on. It's a tough thing to say, but they'll need to make the market forces work for them or they'll simply fold. It's not unfair as some might have you believe, it's market forces bearing down on these poorly managed companies. What is sad is as always, it is unfair to the line worker, but had the taxpayer simply paid good money into these failing businesses the management would never have been called upon to own up and there's little evidence that any of these managers would have used the monies to make meaningful changes.

So don't anyone lose sight that these managers are the guys who came before Congress ill-prepared. They came ill-prepared for the most important interviews of their lives. They knew that the results of these interviews would impact a great number of innocent people and they ignored that fact by showing up unprepared, without restructuring plans. They had apparently given little thought about how they got into the mess or about admission that their history stinks or about the ways in which their foreign competitors have been doing it better or about smarter hedges against rising costs or about fuel efficiencies or about customer service, and on and on. Isn't that enough to show incompetence in their leadership?

GJ of VA @ Dec 12, 2008 08:58:06 AM

UAW

Get in their and fight for your women/men ... throw your weight around and add a clause to be on the engineering/development team --- to pick out the next generation of cars to be built -- don't stand around like a bunch of babies whining when you didn't fight for new designs -- it isn't all about wages/benefits if you aren't building anything. Build a partnership with the corporate -- refuse to work right now --- stand up and say -- we won't build anymore "S#*%t" -- but we will build and agree to reasonable wages/stock partnership for cars that people actually want to buy and sustain the environment. If Corporate doesn't have a conscience ... the unions should ... afterall, I always thought they were for the 'little people'.

Theresa Rahn of MI @ Dec 12, 2008 00:11:04 AM

Wages as same as the Japanese

Get real -- we live in America --- not Japan. Cost of living is way higher ... in fact, some of these folks face or are facing losing their homes and you want them to take less ... it's the corporate leadership that needs to take less and provide environmentally forward thinking designs that the workers can produce. Put the screws where they need to be screwed ... on corporate responsibility/accountablity ... give the guy/girl on the line a break ... they want to show up and work every day with their hands and they put their back into it ... make sure the CEO's and all the corporate who-hahs do the same.

Theresa Rahn of MI @ Dec 11, 2008 23:59:49 PM

Wages as same as the Japanese

Get real -- we live in America --- not Japan. Cost of living is way higher ... in fact, some of these folks face or are facing losing their homes and you want them to take less ... it the corporate leadership that needs to take less and provide environmentally forward thinking designs that the workers can produce.

Theresa Rahn of @ Dec 11, 2008 23:54:24 PM

american car workers.

There are plenty of domestic car workers. There just not working thru the UAW. It's so sad when the UAW can't see the writing on the wall. They have an opportunity for many years of work in their locale if they could recognize the situation. They have to work for less than their competition until their employer can produce a more desirable (price & qualtiy) lineup of vehicles. Their employer has to make money to update the factories and technology. We have seen weeks of talks about despartness of GM and the UAW doesn't seem concerned about their job. That type of insight should only command something over minimum wage. The way things are going the big three will have a signicantly smaller customer base then they have now. The public is fed up with getting billed again for the cars they have titles to and thought they were paid for. I have purchased 21 new Ford and GM vehicles over the years and the only I can save maoney is to not buy another vehicle from Detroit so they can go out of buisness no matter what congress wants to happen.

concerned citizen of SD @ Dec 10, 2008 21:33:20 PM