“This development reflects the acceleration of GM’s companywide cost reduction efforts as well as proactive deferrals of spending previously anticipated in January and February.”

See at: http://www.autonews.com/article/20090312/ANA02/903129982/1197

But, they’re still in the soup line for $22.5B for the rest of the yearl!

Let’s agree to tell our elected representatives and the President to stop the madness now!

Let the marketplace – make that the consumer - decide!!

Andrew Gross
Chairman & CEO
Automotive Consulting Services, LLC
(An Oregon Corporation)
www.autoconsult.us
503-701-6003
andy@autoconsult.us

President Obama’s (Auto Bailout Decision) Committee heads for MI on Mon.  3/9/09 for a deeper-dive into the business.

What a time for a “site tour!.” This is clear example of political appointees going to Detroit because they’ve not sufficiently immersed at senior committee levels in the business they’re tasked to save.

Apparently, the ex-media man and his new-found ex-union negotiator friend need to get more time to get comfortable with the car business in advance of advancing their determinations to the full committee. What’s next, a visit to a car dealership?

It’s probably too late for an appointment of a strong central figure to provide the single leader who might have more quickly galvanized the seemingly ever-growing list of political decision-making influences.

Good luck to all.

Andrew Gross
Chairman & CEO
Automotive Consulting Services, LLC
(An Oregon Corporation)
www.autoconsult.us
503-701-6003
andy@autoconsult.us