I have been a GM guy for some time now. I have owned a GMC Yukon XL, a GMC Sierra 2500 HD and a Pontiac Grand Prix over the last 12, or so years.
I considered myself a GM kind of guy. That is until the bailout. Ford did the right thing and said no thanks. We’ll deal with this ourselves. GM and Chrysler decided to try and take the easy way out, hopping on the backs of the tax payer and losing all semblance of a private company in the government’s takeover of the two. Forcing Chrysler to cut a deal with Fiat, firing the CEO of GM and replacing their Board of Directors is not a way to run a business. They should have just filed for Chapter 11 bankruptcy from the start, restructured and moved on. They’ll still end up doing that, but have cost the taxpayers billions.
Now that Obama is the CEO of GM, I say kiss my white ass. I won’t buy a GM anymore. Ford just won my business. I think that many Americans may do the same thing. Screw you GM. Why should I pay you more of my hard earned money? You already robbed me once.
Shocker: Ford beats Government Motors in Q1
“Beats” being a relative term of the amount of red ink, of course. Oddly, the New York Times and the AP neglected to mention this rather notable occurance, but BizzyBlog did the work that American journalists apparently won’t — research. For the first time in 80 years, Ford outsold GM, bringing in a topline number of $24.8 billion in sales, against the bailed-out automaker’s $22.4 billion. Both companies had severe reductions in global sales over 2008’s Q1 figures, with Ford losing almost $15 billion in revenue — and GM over $20 billion.
Truth, Lies and In Between 