View Full Version : Trouble in GM paradise...
Frosty
12-01-2009, 03:54 PM
http://news.yahoo.com/s/ap/20091201/ap_on_bi_ge/us_gm_ceo_resigns
Al, did Fritz consult you before arriving at this decision? ;):mrgreen:
LS1Hawk
12-01-2009, 04:19 PM
Damn. I thought Fritz wouldn't last long, but I figured he be there at least a year. Wonder what went down.
qwikz28
12-01-2009, 04:54 PM
http://news.yahoo.com/s/ap/20091201/ap_on_bi_ge/us_gm_ceo_resigns
Al, did Fritz consult you before arriving at this decision? ;):mrgreen:
Actually, I'd love to see a GM enthusiast like Al running that miserable company. So long Fritz, you suck.
BigAls87Z28
12-01-2009, 06:02 PM
You can look at it two ways.
1) He was a GM lifer, and with that attitude he wont be able to break out of the GM mentality.
2) He was a much harder driven guy then Rick was. He was much more agressive on dealing with the matters at hand.
The Admin of GMI, Nick, was hanging with Caddy and Chevy Exec's in LA when the call was made today, and they were very shocked by it.
In other news...thats what you get when you cross the Might Lutz.
No G8 you say, eh? GOEFYOURSELF
BigAls87Z28
12-01-2009, 06:59 PM
From Fritz's daughter Via Facebook
HE ****ING GOT ASKED TO STEP DOWN ALL OF YOU ****ING IDIOTS. IM FRITZ'S ****ING DAUGHTER, AND HE DID NOT ****ING RESIGN. WHITACRE IS A SELFISH PIECE OF SHIFT, WHO CARES ABOUT HIMSELF AND NOT THE ****ING COMPANY. HAVE FUN WITH GM, I HOPE TO NEVER BUY FROM THIS GOD FORESAKEN COMPANY EVERY AGAIN. **** ALL OF YOU."
Tru2Chevy
12-01-2009, 07:04 PM
LOL....someone is a little bit upset, huh?
- Justin
Frosty
12-01-2009, 07:18 PM
I just read that too...someone is a wee bit pissed lol
well you gotta admire his daughter's passion :rofl:
BigAls87Z28
12-01-2009, 07:31 PM
In the end, no one expected him to last that long. Might have lasted till the IPO next year, but I think he rubbed Ed the wrong way on a lot of things. #1 is the Saab deal, #2 RWD sedans for GM NA/head to head with Lutz, and a 2% drop in sales this month.
sweetbmxrider
12-01-2009, 07:35 PM
is his daughter hot?
JL8Jeff
12-01-2009, 08:32 PM
Something strange is going on with GM. I was seriously looking to buy a new car at the end of Aug and have money on my GM card to use. With the end of model year discounts, the tax credit and my GM card money I found what I wanted and contacted a couple of dealers to locate the car for me at my price. All they did was find cars marked up a couple grand more than a realistic number. When the dealer lets you get up and walk out and never contacts you again and they know you were looking to put $10K down on the new car, that tells me they are not really trying to sell cars right now. I think they are trying to mess up the numbers for some reason. I didn't think there was any way he was stepping down. What a freakin mess!
transmaro93
12-01-2009, 08:33 PM
is his daughter hot?
this is the real matter at hand hahahah.... who appoints these guys anyway... who appointed whiteacre in there?? just curious
Frosty
12-01-2009, 08:38 PM
who appointed whiteacre in there??
I believe The Messiah did...Al would know better though, he follows it a lot more than I do.
Tru2Chevy
12-01-2009, 08:40 PM
this is the real matter at hand hahahah.... who appoints these guys anyway... who appointed whiteacre in there?? just curious
I believe The Messiah did...Al would know better though, he follows it a lot more than I do.
Yes, Whit was appointed by the federal auto commission....don't remember the formal name. He was a big shot at AT&T for years, and is one of the "industry outsiders" that they wanted to bring in for a fresh take.
- Justin
Frosty
12-01-2009, 08:47 PM
Yes, Whit was appointed by the federal auto commission....don't remember the formal name. He was a big shot at AT&T for years, and is one of the "industry outsiders" that they wanted to bring in for a fresh take.
- Justin
Ahhh yeah, OK, it is who I thought it was. He's the same guy that thumbed his nose at the law when Bush and his boys told him wire tap AT&T customers.
ryanfx
12-01-2009, 08:53 PM
is his daughter hot?
dunno. sounds feisty though. this thread needs redirection onto this topic.
Frosty
12-01-2009, 08:57 PM
Some of you guys need to get laid...repeatedly.
LTb1ow
12-01-2009, 08:58 PM
http://www.facebook.com/profile/pic.php?oid=AAAAAQAQZD7u2VXaQ8IjhLIY1GGoNAAAAAdMIv rbagTBbA%2C%2C&size=normal
Cute
Some of you guys need to get laid...repeatedly.
I do... any suggestions?
ryanfx
12-01-2009, 09:07 PM
http://www.facebook.com/profile/pic.php?oid=AAAAAQAQZD7u2VXaQ8IjhLIY1GGoNAAAAAdMIv rbagTBbA%2C%2C&size=normal
Cute
very nice. looks pretty bitchy though.
Frosty
12-01-2009, 09:12 PM
I do... any suggestions?
A chick over 21yrs old + glass of wine or a drink of some sort + ruffee=teh score. :rofl::rofl::rofl:
LS1Hawk
12-01-2009, 09:28 PM
From Fritz's daughter Via Facebook
HE ****ING GOT ASKED TO STEP DOWN ALL OF YOU ****ING IDIOTS. IM FRITZ'S ****ING DAUGHTER, AND HE DID NOT ****ING RESIGN. WHITACRE IS A SELFISH PIECE OF SHIFT, WHO CARES ABOUT HIMSELF AND NOT THE ****ING COMPANY. HAVE FUN WITH GM, I HOPE TO NEVER BUY FROM THIS GOD FORESAKEN COMPANY EVERY AGAIN. **** ALL OF YOU."
Sounds like a classy gal. I'm sure she'll enjoy someday dipping into her trust fund that came from Daddy's plush jobs with GM.
Saitin
12-01-2009, 09:30 PM
A chick over 21yrs old + glass of wine or a drink of some sort + ruffee=teh score. :rofl::rofl::rofl:
50.00 in Ac will get the same results
BonzoHansen
12-01-2009, 09:50 PM
From Fritz's daughter Via Facebook
HE ****ING GOT ASKED TO STEP DOWN ALL OF YOU ****ING IDIOTS. IM FRITZ'S ****ING DAUGHTER, AND HE DID NOT ****ING RESIGN. WHITACRE IS A SELFISH PIECE OF SHIFT, WHO CARES ABOUT HIMSELF AND NOT THE ****ING COMPANY. HAVE FUN WITH GM, I HOPE TO NEVER BUY FROM THIS GOD FORESAKEN COMPANY EVERY AGAIN. **** ALL OF YOU."
Good way to lose daddy's severance - these guys have contracts that say they 'retired' or such.
Something strange is going on with GM. I was seriously looking to buy a new car at the end of Aug..!
Now there is a news flash!!!!! :lol:
BigAls87Z28
12-01-2009, 10:12 PM
Something strange is going on with GM. I was seriously looking to buy a new car at the end of Aug and have money on my GM card to use. With the end of model year discounts, the tax credit and my GM card money I found what I wanted and contacted a couple of dealers to locate the car for me at my price. All they did was find cars marked up a couple grand more than a realistic number. When the dealer lets you get up and walk out and never contacts you again and they know you were looking to put $10K down on the new car, that tells me they are not really trying to sell cars right now. I think they are trying to mess up the numbers for some reason. I didn't think there was any way he was stepping down. What a freakin mess!
Realize that GM has no relation to your dealer outside that the dealer sells GM cars. Its a shame that GM cannot have more control of it.
I had a quazi ****** experiance at my dealer, and I still walked away uneasy after fighting for 3 days.
I really really really wish I worked at a dealer part time so that I could try and help good, honest, hard working people. But I probably wouldnt last long.
Big Ed is from AT&T, and did help break up a lot of the union's in AT&T. He was piced by the ATF, not Obama...jesus you guys cant give this dude a ****in break, can you?
They wanted him for his outside opinion, and for his work in the past.
As for a new CEO, I dont know if they are gunna get anyone worth much. Mullaly came out from Boeing for a LOT more money then GM can spend.
And whats his face...Mr.Home Depot, ran HD and then Chrylser into a wall with poor product. Even the mighty Jim Press-son, the highest ranking American in Toyota could do nothing for them.
Ed will move foward with a lot of back-burner programs, and I think he really likes Lutz and he will have free reign over the land of GM. This could be very good.
Frosty
12-01-2009, 10:45 PM
Al, I wasn't ripping on Obama :confused: I just thought he was on the one that appointed him. Trust me, if I wanted to rip on that piece of **** I would...but I wasn't.
BigAls87Z28
12-02-2009, 12:19 PM
Ugh..wont start either
He wasnt. Obama doesnt want to run a car company. Neither does the goverment, but they are doing a better job now then when it was a public company for 100 years.
Finding a replacement is going to be real real hard. You have a hard driving boss, coming into a company that is in the middle of a massive paradigm shift, and are responsible for millions of jobs across the world. And your pay will be dicated by what the public thinks is a good price.
LTb1ow
12-02-2009, 12:21 PM
Petition to make BiGal do it?
BigAls87Z28
12-02-2009, 12:33 PM
Maybe when I get the MBA.
LTb1ow
12-02-2009, 12:34 PM
Well hurray the F up... GM/USA won't be around much longer at the rate we are going.
BigAls87Z28
12-02-2009, 12:39 PM
Yeah..all that debt they got rid of, and the money they are making now...they will never ever last!!
LTb1ow
12-02-2009, 12:48 PM
Ok I take that back Al,you are a bad business man. You cannot make debt magically "disappear".
BigAls87Z28
12-02-2009, 12:49 PM
I cant...but Chapter 11 can.
Frosty
12-02-2009, 12:52 PM
Yeah..all that debt they got rid of, and the money they are making now...they will never ever last!!
Rushing through bankruptcy court in record time and having Uncle Sam back you can do that :rofl:
They're still losing money on the books but hopefully they'll show some type of profit in next 2 quarters, on the books of course.
BigAls87Z28
12-02-2009, 12:54 PM
Well, there is gunna be some money lost with dealers and killing brands.
Not to mention that whole Volt deal is eating up a ton of R&D cash...
LTb1ow
12-02-2009, 12:56 PM
Sounds a whole lot like the current administrations health care plans!
Eats a ton of cash, no real positive outcome, but what the hell, the taxpayers are footing it!
Oh wait... GM is govt now...
Win!
Frosty
12-02-2009, 12:59 PM
Well, there is gunna be some money lost with dealers and killing brands.
Not to mention that whole Volt deal is eating up a ton of R&D cash...
That's why I said "on the books" ;) Also factored in are the loan repayments. Even though they lost billions again this quarter there's more to it than just that.
Sounds a whole lot like the current administrations health care plans!
Eats a ton of cash, no real positive outcome, but what the hell, the taxpayers are footing it!
Oh wait... GM is govt now...
Win!
I'm holding out faith...I didn't like the bailout but if it works then it works. I'm keeping the faith.
As for healthcare...I'm not touching that subject because it'll get the thread locked...
sweetbmxrider
12-02-2009, 01:54 PM
http://www.facebook.com/profile/pic.php?oid=AAAAAQAQZD7u2VXaQ8IjhLIY1GGoNAAAAAdMIv rbagTBbA%2C%2C&size=normal
Cute
not bad, not bad at all!
miketa95
12-02-2009, 04:01 PM
okay can someone straighten this out for me...
who is Fritz?
who is Whitacre?
who is Lutz?
Tru2Chevy
12-02-2009, 04:52 PM
okay can someone straighten this out for me...
who is Fritz?
who is Whitacre?
who is Lutz?
Fritz = the CEO of GM that just "stepped down"
Whitacre = Chairman and Interim CEO
Lutz = Vice Chairman
It's all laid out in the link in the first post.
- Justin
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