Bailout Watch 217: GM Rallies Its Customers for Bailout Billions

—–Original Message—–
From: GM Grassroots [mailto:grassroots@gm.com]
Sent: Tuesday, November 18, 2008 8:42 AM
To:
Subject: Your message to Congress
Dear —
Thank you for letting Congress know that you think the American auto industry is a part of the fabric of America.
Here is a copy of the actual message you sent to let them know how you feel about saving this critical American industry.
“I am a consumer who believes it is important to have an American car industry in this country. I am asking for your help.
Some critics call helping America’s automobile industry a bailout. I strongly believe this is an investment to rebuild our nation’s economic engine. If we do nothing, the future our country faces during this downturn is clear. We will see even more economic upheaval, communities will lose substantial businesses and revenue, and thousands of jobs will disappear. The negative impact will be worse than anything we’ve seen in our lifetime.
We are at a crossroads, where given the opportunity, our nation’s auto manufacturers can lead once again. In 2010, we will see labor and health care reforms kick in. We will also see new electric vehicles introduced that will help reduce our nation’s dependence on foreign oil. And if it weren’t for the recent credit crunch, these companies would be on the road to succeed.
If Congress does not act, it will be the shortest and fastest road from recession to depression. Our economy is suffering enough. Please help prevent further job losses and devastation to our communities. I am asking that you give our nation’s car companies the opportunity to complete this turnaround.
We cannot afford to lose this cornerstone of our economy. We should not depend on other nations for our manufacturing capabilities or new technologies. And we do not want to contribute to an even deeper collapse that will leave too many people facing further economic uncertainty.”
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- Tassos You should call your columns "EXHUMATION OF THE DAY". FIts perfectly with this 'find'. How deep did you have to dig to exhume it? Let rotting carcasses lie!
- Jew65711923 This is a very, very special breaking news story=============> t.ly/walZD
- Jew65711923 NICE
- Rng65694730 All auto makers seem to be having problems ! Still supply chain issues !
- MrIcky I'd go 2500 before I went 1500 with a 6.2. I watched an engineer interview on the 2.7l. I appreciate that their focus on the 2.7 was to make it perform like a diesel and all of their choices including being a relatively large i4 instead of an i6 were all based around it feeling diesel like in it's torque delivery. It's all marketing at the end of the day, but I appreciated hearing the rationale. Personally I wouldnt want to tow much more than 7-8k lbs with a light truck anyway so it seems to fit the 1500 application.
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oh please. Your chances that your Rep actually reads your letter is nil. They have an illiterate punk staffer tally your letter as pro or con and send back a form letter. Might as well send in, " No bailout please."
Isn't GM inflicting the wounds upon itself which it says would be the consequence of a C11 filing? Their argument for not filing is that customers will not buy from a potentially going-out-of-business car company. But, by running the relentless we-are-so-screwed PR campaign aren't they in fact driving potential customers away?