GM, Ford SharesHit New Lows As Sentiment Fades Further

Within every large company there will be someone, like Cassandra in Troy, who can see the seeds of disaster and has started to speak out about the possible consequences. Unfortunately, within every large company there is a strong system of vested interests that will act rapidly and mercilessly to silence the dissenting voices. To assist in avoiding disasters boards of directors need to ensure that...

Watching the performance of the biggest US &European companies from Asia over the years has amazed me how no one ever seems to question the levels of management at which major goof ups are made. Though US industry in general was critical when Roger Smith retired from GM leaving it in a major mess,but with his golden parachute intact,no one seemed to follow up or question him about it....

More competition, not less is required within the automotive industry. Positive results will eventually be rewarded by a free market.

Two weak companies with same failed strategy equals a diaster unless changes at top are part of deal.

For years it has seemed that one (or all) of the Detroit Three, Ford, GM or Chrysler could be doomed. None of the companies has been profitable for years. What is the next step?