Bailout Watch 43: GM Calls This a Plan?

Robert Farago
by Robert Farago
bailout watch 43 gm calls this a plan

As GM has singularly failed to focus on a single plan to save the artist once known as the world’s largest automaker from bankruptcy, The Detroit Free Press’ Mark Phelan once again steps into the breach (dear Horatio). Last seen shilling the Chevy Traverse on GM PR TV, Phelan has agglomerated a couple of recent audiences with the automaker’s top brass to winkle-out The General’s strategy, or lack thereof. CEO Rick Wagoner: “‘There are two things we have to do better than anything else,’ Chairman and CEO Rick Wagoner told me this week: design and advanced-propulsion technology.” Like… the Volt! Hence the timeline of Phelan’s lead: “A handful of cars and trucks General Motors will introduce over the next eight years may determine whether the automaker survives to celebrate its 200th anniversary in 2108.” EIGHT YEARS? What’s the rush? Meanwhile… “We don’t know yet what the rest of the upcoming vehicles will be,” Lutz admitted to the Motown cheerleader. “But we know what they have to do: establish GM as a leader in technology, fuel efficiency, design and performance.” And then Phelan sneakily fills in the blank, offering the following without direct attribution. “GM must also finally clarify its muddled brand strategy. Chevrolet and Cadillac must reestablish themselves as global leaders.” (In fact, Phelan suggests GM may “retrench” to those brands without suggesting how that could possibly occur. Cough. Bankruptcy. Cough.) So, that’s better branding, design, advanced propulsion, technology, fuel efficiency, performance, value-for-money and reliability. Just kidding; they didn’t say anything about value-for-money or reliability.

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  • Usta Bee Usta Bee on Sep 14, 2008

    Gardiner Westbound: "Not a single Toyota, Honda or Nissan model was included in the magazine’s used car lemon list." They SHOULD have put the 2002-2003 Nissan Altima 2.5 on that list. Try looking up the serious engine problems they had for that model for those years. I'm talking major engine failures and excessive oil consumption that led to replacement engines for customers within warranty, and a total denial of help to people out of warranty. There ought to be a class action lawsuit over that one.

  • Shaker Shaker on Sep 15, 2008

    "They SHOULD have put the 2002-2003 Nissan Altima 2.5 on that list" Yes, it kept me from buying an '07, becuase Nissan swept that problem under the rug... From what I was able to glean from the Web, the 2.5 uses exhaust valve overlap (open for the "suction" part of the power stroke) as an EGR method; as it turns out, the pre-cat was damaged by overheating (due to faulty ECM programming), and ceramic particles were drawn into the cylinders, leading to bore scoring, excessive oil consumption and (in some cases) blown engines! The real shame is that the 2.5 is a fine engine, but this problem (which was "fixed" by an ECM reprogram and other changes) steered me away from Nissan -- but only extensive Web research dug up the issue.

  • RICK Once had 78 TOWN COUPE and wish I had never let it go! Ultimate OTT excessive luxury! Have since had RWD FLEETWOODS, RWD Fifth Avenues ,as well as 89 Lincoln Town Car Signature Series and current 2007 TOWN CAR Signature Limited! All great cars, but 77 through 79 was KING 🤴 of the road! So sad to see what is now considered a luxury vehicle 😢. Who wants to drive a glorified truck 🚚?
  • Kwik_Shift There are better cars to drop $80G on.
  • 28-Cars-Later Opulence!
  • Kwik_Shift If there is no 2WD Access Cab with 6 speed manual, then I'm not interested.
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