Wednesday, June 08, 2011

GM CEO -- "Screw Over The CONSUMERS, Not GM!!!"

http://money.cnn.com/2011/06/07/news/companies/gm_gas_tax_hike/index.htm

$1 per gallon more per gas or making GM actually come up with vehicles that use less gas? GM's choice -- welcome to $5 per gallon gas.

Making more fuel efficient vehicles, "Will cost us jobs"?????????? Yeah, just like all of the Japanese auto makers lost jobs in 1975 by making smaller more fuel efficient cars....that was a terrible idea, they never regained any market share.

U.S. car manufacturers -- have they EVER taken the long-range view? No. If you told them you could have $1 today or $1,000,000 in 3 years, management would say "shit, I won't be around in 3 years, I will take the dollar."

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