GM Bankruptcy
06-01-2009, 09:27 AM
#41
Senior Member
Join Date: 03-28-2008
Location: Oshawa
Posts: 1,115
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p>Well, GM was riding high from 1908 to 2008. <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:stockticker>ONE</st1:stockticker> HUNDRED YEARS!!! Although American industry is currently ailing, this still shows its resilience. As much as typical Americans love Asian car mfgs, I wonder if these mfgs can make a claim to consistent dominance and longevity as GM has?<o:p></o:p>
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06-01-2009, 09:47 AM
#44
Senior Member
Join Date: 03-28-2008
Location: Oshawa
Posts: 1,115
Some early closings list:
The list of impacted U.S. GM plants follows:
June 1, 2009 U.S. GM Manufacturing Optimization Plan Actions
Plant
Status / Timing
(date listed or sooner depending on market demand)
Assembly
Orion, Mich.
Standby Capacity - September 2009
Pontiac, Mich.
Close - October 2009
Spring Hill, Tenn.
Standby Capacity - November 2009
Wilmington, Del.
Close - July 2009
Stamping
Grand Rapids, Mich.
Close - June 2009 (previously announced)
Indianapolis, Ind.
Close - December 2011
Mansfield, Ohio
Close - June 2010
Pontiac, Mich.
Standby Capacity - December 2010
Powertrain
Livonia Engine, Mich.
Close - June 2010
Flint North Components, Mich.
Close - December 2010
Willow Run Site, Mich.
Close - December 2010
Parma Components, Ohio
Close - December 2010
Fredericksburg Components, Virg.
Close - December 2010
Massena Castings, N.Y.
Closed - May 1, 2009 (previously announced)
Service & Parts Operations (SPO)
Warehousing & Parts Distribution Centers
Boston, Mass.
Close – December 31, 2009
Jacksonville, Fla.
Close – December 31, 2009
Columbus, Ohio
Close – December 31, 2009
The list of impacted U.S. GM plants follows:
June 1, 2009 U.S. GM Manufacturing Optimization Plan Actions
Plant
Status / Timing
(date listed or sooner depending on market demand)
Assembly
Orion, Mich.
Standby Capacity - September 2009
Pontiac, Mich.
Close - October 2009
Spring Hill, Tenn.
Standby Capacity - November 2009
Wilmington, Del.
Close - July 2009
Stamping
Grand Rapids, Mich.
Close - June 2009 (previously announced)
Indianapolis, Ind.
Close - December 2011
Mansfield, Ohio
Close - June 2010
Pontiac, Mich.
Standby Capacity - December 2010
Powertrain
Livonia Engine, Mich.
Close - June 2010
Flint North Components, Mich.
Close - December 2010
Willow Run Site, Mich.
Close - December 2010
Parma Components, Ohio
Close - December 2010
Fredericksburg Components, Virg.
Close - December 2010
Massena Castings, N.Y.
Closed - May 1, 2009 (previously announced)
Service & Parts Operations (SPO)
Warehousing & Parts Distribution Centers
Boston, Mass.
Close – December 31, 2009
Jacksonville, Fla.
Close – December 31, 2009
Columbus, Ohio
Close – December 31, 2009
06-01-2009, 09:50 AM
#45
Member
Join Date: 03-04-2009
Location: Oklahoma City
Posts: 51
Man, there are sooo many reasons for this to happen, I think it would be totally wrong to do any finger pointing. That being said, can you blame the union members for wanting a piece of that corporate profit we' ve all heard about for the last 100 years? If it's all about greed than everybody was at the trough
06-01-2009, 09:50 AM
#46
Senior Member
Join Date: 03-28-2008
Location: Oshawa
Posts: 1,115
06-01-2009, 10:07 AM
#47
Senior Member
Join Date: 03-28-2008
Location: Oshawa
Posts: 1,115
Link to GM's live Webcast June 1/2009 12 noon Eastern
06-01-2009, 12:01 PM
#50
Senior Member
Join Date: 04-07-2008
Location: Wisconsin
Posts: 1,051
Its true. GM as we know it is a part of history. Good riddance. GM as we know it today, well frankly, they suck. Granted they're building better cars than ever before. And I don't buy for a minute that Honda or Toyota build a better car. But the reality is that it's been a poorly run business for far too long. Worse, the stock holders have always come before the customer.
That being the case, I believe that without the baggage they've built up over the years, and once people accept the new streamlined GM, they have the potential to be once again be the #1 auto maker. Two things that I hope they can accomplish: 1) Never allow the pencil pushers to influence design and functionality. Just let the designers do their jobs and focus on saving money in how things are done internally. 2) Stand behind the cars. Too many design flaws have been buried under the guise of "TSBs". Many of us are tired of having to pay for expensive repairs on things that have been known issues for many years. Start making those recalls instead of TSBs, just like Toyota does. Yes, its costs more money. But it'll build a die hard customer base, just like Toyota has. Tie that kind of reliability requirement to someone's salary, you can bet that GM will have better, more reliable cars than anyone else.
I think the bankruptcy may just be the best thing to happen to GM in the last 40 years. They now have a golden opportunity in front of them. Let's hope they don't blow it.
That being the case, I believe that without the baggage they've built up over the years, and once people accept the new streamlined GM, they have the potential to be once again be the #1 auto maker. Two things that I hope they can accomplish: 1) Never allow the pencil pushers to influence design and functionality. Just let the designers do their jobs and focus on saving money in how things are done internally. 2) Stand behind the cars. Too many design flaws have been buried under the guise of "TSBs". Many of us are tired of having to pay for expensive repairs on things that have been known issues for many years. Start making those recalls instead of TSBs, just like Toyota does. Yes, its costs more money. But it'll build a die hard customer base, just like Toyota has. Tie that kind of reliability requirement to someone's salary, you can bet that GM will have better, more reliable cars than anyone else.
I think the bankruptcy may just be the best thing to happen to GM in the last 40 years. They now have a golden opportunity in front of them. Let's hope they don't blow it.