From msnbc.com: "...GM and its new management team (led by GM veteran Fritz Henderson) get two more months to come up with a new restructuring plan, which Treasury officials believe needs to include the elimination of more GM brands. Chrysler, meanwhile, gets one more month to seal a deal that it’s already been working on with Fiat. If it succeeds, the new company will get $6 billion from the government; if it fails, the government is likely to walk away....But former CEO Wagoner’s dismissal -- which came as a surprise to industry insiders -- has left some critics wondering why the Obama administration is demanding the head of GM’s CEO, but not Bank of America’s or Goldman’s, etc."
So, is this a political power play (HEY NO DONKEY and ELEPHANT Perspectives - just GM talk please) or is the government serious about shutting down some GM brands - and how do you think that would work? Any chance this affects other lambda models?
What do you all think?
So, is this a political power play (HEY NO DONKEY and ELEPHANT Perspectives - just GM talk please) or is the government serious about shutting down some GM brands - and how do you think that would work? Any chance this affects other lambda models?
What do you all think?