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Re:Ask YC: To save GM or not? by KWD on Thursday November 13, 2008 @01:59PM (#363429)
Whatever is done, you cannot reward the current management. They need to suffer the consequences of their failure. (More so the case for Chrysler and their ownership by Cerberus). As I heard someone state this morning, why believe that the management team that created the problem will be able to solve the problem.

IMO, GM needs a major overhaul from their pre-1980 ways. Besides labor unions that were mentioned, they also have an overextended dealer network. Their desire to focus on so many brands with just re-badged cars (they even neutered Saab with this approach) needs to be changed. The Toyota/Lexus, Honda/Acura, and Nissan/Infiniti models show a much better approach.

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