Tuesday, June 2, 2009

Why GM won't die.

Those of you (my four loyal readers) who know me, know that I have been a lifelong GM fan. I was raised that way. Well, truth be told, my father loved his Mopars, but their transmissions suck, so we went all GM all the time. With the exception of 10 or so Nissan 300zxs. But, that happens when your mother works for a Nissan dealership. And while I've owned a Nissan and two Hondas, the rest have all been GM vehicles. And I am proud of that. I am sad that GM had to file bankruptcy, but I know it is for good reasons. They need to restructure. The UAW needs a lesson. No one is getting a raise in America right now, yet the UAW tends to think they are entitled to one. I think unions were a great idea in their day, but that day has changed. So what this means is that GM will restructure. They will emerge stronger than before. And sadly, that may mean they will have a future without Saab. I understand the logistics, but am sad that should I purchase another one, it likely won't be a GM Saab. Lesson for today: Buy American. And if you must go for imports, go for European. Because not too long ago, Europe went through this whole economy thing, and we all have a better appreciation for the things we make and love. I don't think the other big exporters are there yet.

2 comments:

Vanessa said...

Sometimes things have to fall apart before they can fall together in a completely new, better, stronger way. I think this is a great example of that.

The Mama In Red said...

Exactly. If Kmart can survive bankruptcy and Martha going to jail, GM will be just fine.