Would you drive a GM?

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General Motors was the leading car manufacturer in sales around the world until recently. The downward spiral of the company did nothing but were totally shocked. examine the question for many people in these difficult times is that buying a GM car now?

The bad news tend to generate more bad news. This is especially true when it comes to business. GM is a mess right now, but if all firms have the game of automobile production. Sales areterribly slow and there is no indication that again soon.

For GM, the problem is a business model that has worked for years, but is useless in modern times. Most people do not realize that GM has lost 30 billion U.S. dollars in 2006, long before the current economic crisis very slippery. This means that the company lost a huge sum of money over the past three years, and indeed there are signs of recovery. to find, despite the efforts of societyRestructuring plan, the auditors have announced what we've known for some time. GM will probably fail.

The question for consumers at this stage is whether to buy a GM car? Ready to tens of thousands of dollars for a product that has no support in the near future to spend, is it possible? The answer is that the vast majority of people probably do not. This makes a failure of GM a self-fulfilling prophecy. The filing of a simple failure couldhelp the company to renegotiate its debts and contracts of the new Union, but which are really important, if sales continue to decline?

The future of the automotive market is promising. The problem is the recovery in demand will not occur for three to five years ago. Until then the industry through a period where the strong survive and the weak will be eliminated. Ford scheduled for this day and fit is much better than GM. If we get the money for a cross society, it seems Fordthat should receive attention.

The brutal recession / depression is the review of the bridge, in almost all areas of business. Consumers need to think what to spend money. With what appears to be fatal, a lot of problems, but bad news for GM.