Bailout Watch 285 (no Less): LaNeve to GM Dealers: Call Bush

Robert Farago
by Robert Farago

Important Message Update: White House Statement
Mark LaNeve, Vice President, GM North America

Dear U.S. Dealers:

Last night the United States Congress failed to reach agreement on a $14 billion emergency bridge loan in support of the domestic auto industry. Obviously, we’re very disappointed in this development. As critical a situation as this is, GM’s leadership continues to look at options to restructure and stabilize the business in this exceptionally difficult economic period.

I can’t possibly express my appreciation and pride for your participation in this effort. General Motors dealers could not have done more to show support for the loan legislation. You and your teams made thousands upon thousands of contacts with our congressional leaders. Many of you traveled to Washington to meet with your representatives personally, while others organized funds to place ads in local media. I truly believe that your voice was heard and that your efforts will impact the future outcome…

While the federal government may need to step in to prevent an immediate failure, the auto companies, their labor unions, and all other stakeholders must be prepared to make the meaningful concessions necessary to become viable.”

We are continuing to work with the Bush administration, the Obama transition team and congressional leaders for action yet this year.

It goes without saying that these are historic times for our economy and for GM. But we cannot lose sight of the fact that customers will still walk into our stores today and that we still have the best cars, trucks and crossovers we’ve ever had to sell. We have great incentives in the market and our December sales pace has been strong compared to October and November. Make no mistake that we intend to work our way through this crisis. We are aggressively managing down our cost structure while executing key product programs, such as the new Camaro, LaCrosse, and hybrid pick-ups coming soon. I’m asking you to keep a cool head and the commitment you demonstrated in speaking out to Washington. We must continue to order and sell products and satisfy customers.

Rest assured, my team is also committed to helping you to drive the business, as we have always done. As we get more information and clarity on developments, we’ll communicate them to you as soon as possible. In the meantime, it is important that you continue your great efforts by personally contacting President Bush and his administration. You can easily do this by sending an email to and ask President Bush to take action now.

Mark LaNeve

Vice President
GM North America

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2 of 17 comments
  • DweezilSFV DweezilSFV on Dec 12, 2008

    Shabster: spelling and message loud and clear. No flames from me. You are dead on.

  • ERJR ERJR on Dec 12, 2008

    This letter is terrible in every way. As other posters have mentioned, Lacrosse, Camaro, and hybrid trucks are products people are going to be excited about? Lacrosse from a division that barely exists, Camaro because everyone wants a two door sports car, and hybrid pickups because trucks are selling so well. On top of that urging people to send Bush an email. Like anyone reads anything from that address. Letters like this are so reassuring when the treasury is going to step in and just give them the money. Good to know all that time Congress spent on this was spent wisely.

  • Oberkanone The Chrysler - Plymouth - Dodge Neon's racing successes - SCCA and elsewhere ( racing.
  • Kwik_Shift My brother inherited his work travel 2013 Ford Escape 1.6L EcoBoost to be replaced with a 2019. It is now used as a beater vehicle primarily to take my mother out for shopping/appts, etc. Just right seat height for her to get in and out of.Right now it has 420,000 (HWY) kms still on original engine/turbo/transmission. Impressive, but doesn't mean I'd intentionally buy any Ford EB combination vehicle. I've heard lots of bad things as well.
  • Analoggrotto You forgot something.
  • MKizzy We can pretty much agree at this point that all Ford ecoboost engines regardless of displacement are of trash quality.
  • Jeff71960 once a fun fast little car (if you can find an unmolested one)... unfortunately boy racer types trashed most of them