| Don't you just love it? General Motors
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| | take a profit out of the sale. That's how
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| can't make a quality car to save its
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| | you lose money, and you can't make it up
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| life, which is what it's trying to do,
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| | on volume.
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| and it wants Nissan to give it billions
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| | You also have the issue of your
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| of dollars to show respect for a failed
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| | competition's pricing. The other guys are
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| company. Over the last couple of years,
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| | giving their customers perceived value
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| you have heard of failed nation states,
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| | and real value. The value is so great,
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| many of them in Africa. Countries that
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| | that it is disallowing you a profit in
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| can't feed themselves, and have just
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| | the vehicles that you are putting on the
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| about as much wealth as is necessary to
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| | market. It's that simple.
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| put an embassy in NY, so their diplomats
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| | But wait, there's more!!
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| can dine at the United Nations, and park
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| | Toyota, your main rival for world
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| overnight with diplomatic plates.
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| | supremacy just came out with a new Lexus
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| Now we have failed corporate states like
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| | LS 460 with built in features that GM
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| General Motors who can't get out of their
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| | isn't even thinking about. It's not even
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| own way, and probably have no
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| | on the drawing boards at GM. THE LEXUS
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| justification for remaining in business
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| | CAR PARKS ITSELF. It's got sonar distance
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| other than the fact that they've been
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| | finding devices that link up to its
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| around for something approaching a
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| | navigation system. This thing can pull
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| century. If you really think about it,
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| | into a parallel parking position with the
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| other than the employees who would anyone
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| | driver basically watching the car park
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| miss General Motors if they went out of
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| | itself.
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| business tomorrow, maybe even today. The
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| | Mercedes will envy the paint job at twice
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| remaining players would immediately pick
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| | the price, and a first ever 8-speed
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| up their market share, and we wouldn't
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| | transmission. How does a car with 380
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| have to watch the slow market attrition
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| | horsepower get 19 miles to the gallon
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| that is taking that share down anyway.
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| | anyway? With a crash sensing system that
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| There will come a time if they remain in
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| | prepares the brakes and airbags for the
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| business, that only aliens coming to
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| | coming impact, this Lexus may give new
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| visit our planet will buy General Motors
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| | meaning to the word safety. What's going
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| vehicles. The news recently is ludicrous.
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| | on here? For $70,000, Lexus will give you
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| Carlos Ghosn runs Nissan-Renault. This
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| | a car that BMW, and Mercedes can't even
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| man has done a world-class turnaround
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| | dream about making for the price.
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| over the last several years, making
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| | I have talked with representatives of the
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| billions of dollars for a company that
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| | Japanese automobile companies. They think
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| very few thought could be turned around.
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| | GM is on the ropes, and who can argue.
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| Rick Wagoner is the typical corporate
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| | The old giant is pumping out iron that
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| bureaucrat that spent decades at GM while
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| | just doesn't do it anymore. The only
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| its market share slid down the tubes. The
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| | employees happy at the company are
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| two of them have been talking about some
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| | hebephrenics on the assembly line who are
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| sort of consortium at the behest of GM's
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| | taking too many pain killers. There's
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| major shareholder Kirk Kerkorian, who
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| | also Chairman Rick Wagoner who appears to
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| wants GM turned around tonight, today,
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| | be constipated in every interview he
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| yesterday. Wagoner has now decided that
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| | gives, and wants a financial tribute from
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| Nissan should pay GM billions of dollars
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| | Nissan to boot.
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| for GM's perceived greater value.
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| | The Future of GM
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| What value? Hey dude, you just lost $10
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| | General Motors will continue to exist. If
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| billion last year. You've bought out
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| | the consumer bought only on the basis of
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| thirty five thousand employees that you
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| | quality, and bang for the buck, GM would
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| can't find work for. You're a textbook
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| | have filed for bankruptcy years ago. The
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| case study in how to lose money by
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| | consumer buys for other reasons though,
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| selling inferior products, and you
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| | aside from quality. Some have never
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| believe you bring greater value to a
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| | driven a Japanese car, and wouldn't
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| partnership with Nissan, than Nissan
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| | consider it. Once you drive Japanese,
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| brings to you. HELLO, ANYBODY HOME?
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| | buying American cars becomes unthinkable.
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| One of the first lessons anybody learns
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| | Some buyers live in sections of the
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| if they are active in the stock market
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| | country where there is peer group
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| is, you have to deal with reality, not
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| | pressure to buy American, such as the
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| your perceived reality, but what's really
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| | Midwest.
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| taking place. GM has yet to do a full,
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| | People on the East coast, and West coast
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| truthful self-assessment and figure out
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| | however have basically shunned GM's
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| where they are. What are you doing wrong?
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| | vehicles. The Big 3 automaker will never
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| You can't be doing things right, and lose
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| | recapture anything in those two markets
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| $10 billion in a year. You've got sales
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| | again. I can't imagine how they turn
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| all right, but your customers are so
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| | around corporate morale. With seventeen
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| disenchanted with your product that they
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| | layers of management compared to Toyota's
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| are not allowing you to price your
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| | five, I don't know how anyone is proud to
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| product at a number that allows you to
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| | say, "I work for GM".
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