Wednesday, June 10, 2009

GM Mark of Excrescence

GM Design Chief Ed Welburn ... did cite his grotesquely cheesy, cartoonish new Camaro as an example of what can be created in GM's "cutting edge 21st century environment." ... Welburn seems like a nice guy. But I would say the Camaro is a firing offense (though, if he's a UAW member, it will take 6 unexcused Camaros). --Mickey Kaus June 10, 2009 2:16 A.M.

In announcing the 2010 Chevrolet Camaro Price, Car News noted marketing will include product placement in the television series "My Own Worst Enemy".


P.S. at What I Learned Today,
...$50,000,000,000 is the total amount the US Treasury has spent of GM’s survival. (That’s $30.1 billion for 60% of New GM’s equity + $20.6 billion that we spent trying to keep them out of bankruptcy.) ...

So $83,000,000,000 is what New GM would have to be worth in order for us to break even on our investment.

But $56,000,000,000 is what GM was worth at its all time peak in 2000.

(via 3rd Way at Folkbum's rambles and rants)

No comments:

Post a Comment