Remember when CEO Ed Whiteacre sacked then-CEO Fritz Henderson for not being able to sell Saab & Opel. Well, I guess he is no better. Should he fire himself now? He is just another loser in the GM world.
Ed is as much what GM needs to compete in the auto business as I am what Penske needs to compete in NASCAR.
Until they go get a world class CEO, who understands cars, who knows cars, who knows customers, wears designer clothes, who is fashion and fad aware, they will remain a third rate auto manufacturer ran by old men wearing K-Mart suits without a clue what it means to be hip.
Car business is about being cool and trendy. If they think all the customers want is a reliable safe car to go from one place to another, they will keep manufacturing Cavaliers and Cobalts and Impalas that do all that. However it is obvious, THAT IS NOT ENOUGH.. People want more.
Which reminds me.. I look back and can't help but feel great about my decision to turn down The Hummer franchise. Initially we wanted it.GM wanted us over all other dealers in both of our stores in their respective market areas.. When I was told about the facility requirements, I told them I was not interested. t just didn't pencil. GM didn't care that we would have to spend millions for stand alone facilities to grace us with Hummer. When I look back, I am so glad I didn't.. If I had, I would now have two empty buildings with two test tracks..