Headlines Indicate GM Will Bite the Dust Hard

If headlines are a barometer for performance then GM is not having a good day, to say the least. Here are the headlines of the first two pages of today’s issue of the WSJ Marketplace section:

“Era Ends as GM Snubs Saturn, Other Makes”

“Wide Variety of Brands Now a Burden, but GM’s Plan to Cut Four Could Let Toyota Take U.S. Sales Lead for First Time”

“Bondholders Say GM’s Plan Fails to Tackle Issues”

“Europe Cool to GM’s Aid Push”

“GM Turns Back on Multiple Brands”

“Bondholders Say GM Plan Falls Short”

Yikes!

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One Response

  1. And GM is letting Saab go into receivership.

    http://www.nytimes.com/2009/02/21/business/worldbusiness/21auto.html

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