Quote:
Originally Posted by milt
Wagoner had the power in his hands to wean the company from SUV and pick up profits and focus on the future. He didn't take that chance. Anyone can take the easy road, the one that says, "All is well, so it must end well."
Sorry, didn't. Now someone has to move the constipation out the door and feed in some new tactics. If they wanted to, they could pull the rug out from under Tesla. Any huge company can smother a little company whenever. Wake up the customers, they are apathetic.
And, GM can reinvent itself as the new Toyota. Come out of the blocks with a whole ***tload of small, cheap, well made, high millage commuters. If history repeats itself (likely), they can build the luxury into them as they become a fixture in most driveways.
Usually the best business model is to find one that works already and improve on it with the goal of taking market share from the model being bettered. Now, if I can see that and Wagoner can't, then goodbye to him and about 4000 other white collars.
Today!
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So he should have jettisoned the only profitable lines and focus on the lines that have historically shown little to no profit?
I'm going to have to disagree.
BTW, what line is selling and making money off small commuter cars? There is a reason the Toyotas and Hondas have gotten bigger and the only players in the commuter market are Korean slave labor jobbies.