Quote:
Originally Posted by GS Ragtop
I spent the last week with a guy that recently retired from GM Management. His description was spot-on:
-- Direct Expense: GM was nearly criminal in its pursuit of lowered Direct Expense. They would prefer to put a supplier out of business than accept a two-cent-per-car increase.
-- Indirect Expense: GM was nearly criminal in its neglect to manage, or even care about Indirect Expense. Management perks (finally killed by Perot), labor benefits, facilities upgrades, etc.,, etc., etc.
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Maybe I'm foolish, behind the times, or whatever but I've always thought making a good product for consumers gets much more business. Sure, anyone can chase the bottom line and sell today. Currently I look at GM, and others, as just a bunch of fukks that want a sale today and dgaf about tomorrow. Tomorrow they will tweak the bottom line to continue selling by cost alone.