|GM says it "disappointed" and "betrayed" consumers|
anybody running a business in a "free" market economy knows that the only way you can stay successful is to provide good services / products, consistently, on time, on price.
you either have a very large share of the market creating a near monopoly
you are very good at marketing and are able to hide your misdemeanours so cleverly that either consumers don not see them or if they do they still have no choice but to buy your products.
|DETROIT (Reuters) – General Motors Corp on Monday unveiled an unusually frank advertisement acknowledging it had "disappointed" and sometimes even "betrayed" American consumers as it lobbies to clinch the federal aid it needs to stay afloat into next month.|
finally there is somebody we think who has the guts and says sorry.
or are they?
why suddenly NOW?
for years gm has shown its muskle by buying brands on the international market - instead of creating their own improvements.
|"While we're still the U.S. sales leader, we acknowledge we have disappointed you," the ad said. "At times we violated your trust by letting our quality fall below industry standards and our designs became lackluster."|
for years car makers have KNOWN the economic squeeze the consumers are being put under - instead of building more economical cars they arranged easier loans to buy ever bigger ones.
|"We have proliferated our brands and dealer network to the point where we lost adequate focus on the core U.S. market," the ad said. "We also biased our product mix toward pick-up trucks and SUVs."|
now building cars is not something you plan today and do tomorrow. it takes years from a concept to a mass produced new vehicle - so the people who are in charge NOW have been responsible for the company's policy for many years.
so quite rightly some people say:
if you admit to having been not exactly straight with your customers what are you going to so with the people who gave the directions - and have been handsomely rewarded for their failure in the past??? and why have you suddenly as a company such a NEW insight into your won failures?
|It also came as Chief Executive Rick Wagoner, who has led the automaker since 2000, faces new pressure to step aside as GM seeks up to $18 billion in federal funding.|
there is MONEY on the table
first you pay good money to buy crap products to pay fatcats salaries
now you pay good taxes to bail them out when THEY mismanage their companies.
and they just know how to put the screw on:
|A failure of GM would deepen the current recession and put "millions of job at risk," according to the ad, which also highlights the automaker's pledged restructuring and intention to begin repaying taxpayers in 2011.|
but also how to make more promises for the future.
there is a saying:
would you buy a used car from THIS man?
with a new twist
would you buy a NEW car from this man?
|Senate Banking Committee Chairman Christopher Dodd, a Democrat from Connecticut who is central to the effort to craft an auto bailout bill, on Sunday said GM should replace Wagoner.
GM says Wagoner has the support of the company's board.
now who is made to look like a sucker?
forgot the link