Tuesday, June 2, 2009

Obama screws Chrysler, Hummer, GM, etc. etc. etc.

Rumor is that GM is selling Hummer to a Chinese company. That's got me seeing red (pun intended, those Commie bastards!).

What is the purpose of selling Chrysler to an Italian company and Hummer to a Chinese one? How does that save American autoworker jobs?

And then there's the rumor that GM cut a deal with the UAW to build a small car in the US, instead of importing that very same car from a Chinese factory, where it is already tooled and being built.

None of this makes any sense. Obama is shooting from the hip, trying to satisfy as many interest groups as he can, even though those interests are not in any way aligned.

GM is screwed. Their strategy, as flawed as some think it was, had a certain logic to it. Their Korean and Chinese units designed and made small cars. Their German unit was responsible for design of midsized cars, which were produced in local markets all over the world. Australia was responsible for the big rear wheel drive cars, which were built over there. And the US was responsible for trucks and SUVs.

Now what is GM's strategy? They no longer own their German unit that designed all their midsize cars! How can they be viable without that?

Obama has set GM up to fail, and they sold Chrysler out. And my dream Hummer is going to be produced by Communists.

Oh, and Roger Penske wants to buy Saturn and have them sell Korean cars. AAARGH!

0 comments: