If Richard Branson Ran GM

Re:If Richard Branson Ran GM by jonknee on Thursday November 20, 2008 @12:37PM (#370780)

If he ran GM they wouldn't need a bailout in the first place.

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Re:If Richard Branson Ran GM by Tritis on Thursday November 20, 2008 @12:52PM (#370795)

That's the crux of it. The Big Three are selling cars at a loss, and you can never make up selling at a loss in volume.

There is no plan in place to create vehicles profitably so a bailout will only prolong death.

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Re:If Richard Branson Ran GM by ErrantX on Thursday November 20, 2008 @01:12PM (#370818)

Take it further: he is probably not running GM because you cant make it profitable.

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Re:If Richard Branson Ran GM by jonknee on Thursday November 20, 2008 @02:21PM (#370898)

I think he could make it profitable. He's making cash in the airline business ($90m last quarter), which isn't exactly an outperforming sector. The car business isn't hard to make money in, it's just the big three that are fuck ups.

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Re:If Richard Branson Ran GM by ErrantX on Thursday November 20, 2008 @03:19PM (#370955)

fair point I suppose (making Virgin atlantic pay was certainly no mean feat :D)

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