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Originally Posted by warlock5
I guess the unions would rather have GM go completely under, and get purchased for pennies on the dollar by some japanese or chinese car company.
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I wouldn't say the unions are to blame when its the people who don't want to buy GM cars. They've been steadily losing market share, even when not taking into account the abject failure of the Hummer line.
The best thing for GM would be to completely stop manufacturing cars. They simply can no longer compete. Let them spin off GMAC (one of the few successful elements of the company) and send the rest to a well-deserved grave.
That's the best thing for GM. Of course, there's going to be 100k+ people who'll be completely fucked by that move. All at once, as opposed to all the people getting fucked by degrees by cutting 7% of the workforce here, 12% there, etc.