Eugene David ...The One-Minute Pundit |
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Saturday, November 22, 2008
We must concede when one types off the top of one's head one is prone to CW, and the notion of auto workers making $70 an hour may be such; but even with the layoffs of recent years GM remains an unwieldy assortment of fiefdoms with far too much duplication. There are huge costs somewhere, even if they aren't paid to the workers. How many of its marques would it have to ditch to make itself good again? Why does it need multiple divisions making the same product? This isn't 1958 anymore.
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