In an unprecedented move that has sent chills down the white-belted spines of American car dealers, General Motors has declared nearly 1,000 of its 4,355 US retailers as “unfit and downright dangerous” to its customers and will be recalled immediately.
Ford is adding a week of production at most of its North American factories this year for an additional 40,000 vehicles, Reuters says. Plants will be idled for just one week this summer instead of the traditional two. (Read More…)
GM’s North American president, Mark Reuss, was in the running as CEO in 2010, but was passed-over for an alleged “lack of seasoning,” says Reuters after reading an upcoming book by GM’s former CEO, Ed Whitacre. Instead of Reuss, who had shown that he knows what he is doing, a completely unseasoned Dan Akerson was put at the helm of GM.
According to the book, Whitacre recommended Reuss as his replacement when Whitacre stepped down after the bailout. Whitacre writes:
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“I’m tired of being ashamed of where I live,” declared Mark Reuss, President of General Motors North America, at the Detroit Regional Chamber’s annual policy conference. His colleagues are likewise frustrated. “With all the national bashing of the region,” an aversion to Michigan is ingrained in the minds of potential job prospects, said Bill Ford, executive chairman of Ford Motor. Detroit is the city of long lost sex-appeal. Echoing the dejected sentiments of a clockwatching professional with a clientele of reluctant customers, Bill Ford added: “We have to do an incredible sales job to get them to come.” (Read More…)
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