Huge news out of GM this week has the spies predictions unfolding EXACTLY like we told you they would.
These guys have BIG problems and NO solution.
It's all about products and they don't have the products people want.
Here's a great take on the current situation on GM and how these announcements will effect the future at the 'Tubes'.
From our friends at Autoextremist:
"The Rick" makes his move, but will it really make a difference?
Detroit. In the classic coming of age movie, "Risky Business," the constant thread/catchphrase uttered by Tom Cruise and his buddies was, "Sometimes you just have to say what the f---, and make your move." It resulted in all kinds of comical mayhem throughout the movie, but in the end it worked out for all concerned, for the most part - on several different levels. Two days ago, Rick Wagoner, Chairman and CEO of General Motors, decided it was time to make his move, but whether or not it will work out for all concerned is highly debatable.
Full article here