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Old 11-07-2008, 12:36 PM   #7 (permalink)
QuasiMondo
Wise-ass Latino
 
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Location: Pretoria (Tshwane), RSA
Quote:
Originally Posted by Fotzlid View Post
I think the UAW has to take some of the credit for the current state of GM's finances. They have had their teeth locked onto GM's neck for quite some time now.
Blaming the UAW is a red herring. The bottom line is that GM failed to sell cars. They failed to sell cars because they had nothing to offer that was better than what was coming in from Europe or Japan.

When you can't sell cars, it doesn't matter if the UAW agrees to work for free with no benefits. GM forgot their business was making cars, not money.
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