Notable quotable

GM acknowledges that it lost the bet on big vehicles 7

"At this point, we are considering all options for the Hummer brand. Everything from a complete revamp of the product lineup to partial or complete sale of the brand."

-- General Motors CEO Rick Wagoner, responding to the dismal numbers released by GM yesterday

David Roberts is staff writer for Grist. You can follow his Twitter feed at twitter.com/drgrist.

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  1. Black Wallaby Posted 6:08 pm
    04 Jun 2008

    Paid millions unaware of the blee'ing obvious"At Tuesday's shareholder meeting, speakers criticized [GM's CEO] Wagoner for what they called his excessive compensation in light of the company's poor performance. According to one calculation, GM's chairman received compensation worth nearly $16 million last year, up from $9.6 million in 2006. Nevertheless, a measure to tie executive pay to performance was defeated at the meeting."
    What's the betting his "compensation for fu-ing-up" will be of the order of $22.4 million for 2008?  On the other hand, if they go for a new CEO, perhaps Wagoner might also get a generous golden handshake?    That's what they do here in Australia.

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    I have a friend in Detroit, (Dearborn Heights), and I suggested to her several years ago, that Ford and GM needed to pull their act together, and it might take five years before they had sensible product, and employment/ housing values might return to the area.  However, I added, hopefully that maybe they had already started the planning way back, and it would be well under-way.....Groan.....wrong!

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Sales at Ford fell 15.6% in May, buoyed a bit by a 3% gain in its sales of cars such as the popular Focus. Last month, Ford said that it would cut worker shifts and total production at a handful of plants that make its largest SUVs and pickup trucks, and that it would produce the subcompact Fiesta in a plant outside Mexico City that currently makes the F-series pickup.
    Is that the same Focus and Fiesta as the European Ford design?   Both cars are imported here by Ford of Australia from Europe, in preference to Japanese alternatives such as Mazda, (owned by Ford)!
  2. Tasermons Partner Posted 6:19 pm
    04 Jun 2008

    Ha!...If they think they'll be able to sell the Hummer brand, then they must really be graspin' at straws!
    Like any other company would be funny enough to buy the Hummer brand at this tsage of the game!
  3. Black Wallaby Posted 10:19 pm
    04 Jun 2008

    Wow!Tasermons Partner,

    For the first time, I have no disagreement with you!  I'm so disturbed by that, I'm not sure if I will sleep well tonight.  I may have to turn the radio up real loud or something to stop my brain spinning.  If I don't sleep well, I may even send you something really shitty tomorrow, so brace youself!
    BTW, why do you run-away from the recent thread, starting from:

    http://www.grist.org/news/2008/05/07/alaska/index.html#co ...
  4. Tasermons Partner Posted 4:14 am
    06 Jun 2008

    Read the report...BTW, why do you run-away from the recent thread, starting from
    Because ya refuse to read the actual report that the DOI put out on the listing.
    Kinda stupid to argue with a guy who disagrees with the listing, when he won't even read the official report on it.
  5. Black Wallaby Posted 6:46 pm
    06 Jun 2008

    Hey you Tassie DevilAKA Tasermons Partner,
    Just a few points:
    a) I think I can claim primacy with a fourth repeat of you to respond to a) b) & c)

    b) What makes you think I did not read the DOI report, and that I should not consider other reports which may not agree with it or show a different situation elswhwere?

    c) I'd still like to know if it makes your heart pulse-rate increase when you see a polar bear on film attacking a mature large seal

    d) It's a bit like "If you show me yours, I'll show you mine"
  6. Tasermons Partner Posted 1:41 pm
    07 Jun 2008

    What other reports?...What makes you think I did not read the DOI report, and that I should not consider other reports which may not agree with it or show a different situation elswhwere?
    Because ya haven't cited anything from the report, seem to have no knowledge of certain statistics from the report, and I somewhat doubt you're even capable of reading a scientific report.
    As for other reports which reflect a different situation...what other reports?  This is the most comprehensive and one of the most detailed scientific reports on polar bear populations ever made.  And it's also the most recent.
  7. Black Wallaby Posted 6:46 pm
    09 Jun 2008

    OFF topicTasermons Partner;

    Please refer to Alas Alaska thread @

    http://www.grist.org/news/2008/05/07/alaska/index.html#co ...

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