GM is done

Thursday October 27, 2005 - 11:01AM EDT

GM is under suspicion from the SEC now not to mention their huge losses and "junk" bond status in GMAC. Some people are saying bankruptcy. I wouldn't call bankruptcy yet. But things are bad. It is pretty much all their fault too. They just didn't change their strategy and kept selling big ass SUVs. That isn't the only problem though. There is probably a lot of internal ineffeciencies. You would have thought that with Toyota's success and legendary managment and plant effeciencies that everyone in the car insdustry would have gone out their way to copy them. Maybe they have but it sure doesn't seem like it. All I know is that Toyota hasn't been ultra stingy with guarding these effecincies or no one else would know about them as they do today. Anyway. That's it.