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May 24, 2013
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GM Is Europe’s Headache, TooPosted on Mar 5, 2009
If GM strikes out in Washington, the automaker could take its troubles to Europe, the second continent where it has asked for a bailout. That’s because GM operates plants in six European countries, to the tune of 300,000 jobs. The company is hoping for good news, especially since its auditors announced it may not survive much longer.
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By used car warranties, June 23, 2011 at 9:51 pm Link to this comment
Admist liquidation fears and debt, GM’s influence in the 300,000 jobs in Europe is a main cause for concern. Employment rate will inevitably be dealt a strong blow, and European markets would fall due to a lack in confidence. On the production and servicing end, customers will have to seek alternatives or face a long term problem of car warranty services.
Report thisBy BMW Service Essex, May 31, 2011 at 12:40 am Link to this comment
This is the most ridiculous situation. I can’t believe that any government would consider bailing out any of these badly mismanaged and profitless companies. These are the same idiots who trumpet the qualities of capitalism yet don’t shrink from begging for government bailout money. Sad.
Report thisBy Timestyx, March 30, 2010 at 4:34 am Link to this comment
GM seems to be in quite a bit of trouble recently, they just had to recall over 5,000 heavy-duty Chevrolet Express and GMC Savana vans because of a faulty alternator. The UK government has agreed to loan a big wedge of cash, but only so they can keep open the two vauxhall plants.
Report thisBy ApprxAm, March 8, 2009 at 2:36 pm Link to this comment
Well, well….GM is threatening governments on two continents. Too bad they don’t have the cure President Obama has.
When GM collapses, and it will, the union members of the UAW will blame him, of course, and vote for RePugNaConZ; That’s the bad news.
But they’ll leave Michigan for the only auto jobs left, MS, TN, AL, TX, KT and elsewhere in the south, nullifying the effect of not placing the blame where it truly belongs, GM and the New South’s civil war against real America.
Report thisBy GW=MCHammered, March 7, 2009 at 7:33 am Link to this comment
(Unregistered commenter)
cops in a smart car
Report thisin europe where they’re
too smart to drive amerokun
By Bernd Buerklin, March 6, 2009 at 8:38 pm Link to this comment
(Unregistered commenter)
Let the sucker go down! Nobody needs any of their cars! GM is an obstacle to universal healthcare! The managers are greedy lying bloodsuckers! They destroyed the EV1 and public transportation in the US! It’s time to finally make GM history and bury it in an unmarked grave!
Report thisBy howie bledsoe, March 6, 2009 at 4:49 pm Link to this comment
(Unregistered commenter)
cops in a smart car???? god, only in europe!
Report thisBy GB, March 6, 2009 at 1:07 pm Link to this comment
(Unregistered commenter)
GM’s CEO should go. The reason GM is dying is because of bad business decisions not because the hard working union workers are sucking the finances. Technology is ready for longer range electric and electric hybrids and GM’s Volt is not out yet. GM’s CEO is still a fossil fuel beleiver who has become a fossil of ideas. The “build it and they will come” is still alive, just not in the dinosaur minds of these CEOs getting handouts from our tax dollars and denying the future the right decisions.
Report thisBy coloradokarl, March 6, 2009 at 12:36 pm Link to this comment
GM is too top heavy in Management they blame the union and pensions but the suits brought this company down. The Bankruptcy will cut the fat and we will have a lean mean auto making machine. The wages will be lower and the retirement will be gone, Join the club ! $25.00 per hour is a good living in the cesspool of the rust belt. It’s good most places. GOOD LUCK !!!
Report thisBy Bisbonian, March 5, 2009 at 10:36 pm Link to this comment
(Unregistered commenter)
Let. Them. Die.
Report this