I remember a cross Canada trip in our Vista Cruiser station wagon, with roof windows side panel windows that gave the four kids in the backseat glorious vistas of the Rockies. My first car as an adult was a Chevy Cavalier. Last year I purchased a Buick Terraza after 4 years with an Olds Silhouette. Am I a die-hard? No. Not at all. I’ve owned cars by other car makers that I loved, but the topple of this giant is such a strong indicator of the fall of the American economy, that it boggles the mind.
When I was at the NAIAS in January, then CEO Rick Wagonner, kept referring to GM as Global Motors in his chat with our group of bloggers. This in response to questions about meetings with the Senate and what next steps were being taken with the government. Global Motors, Lithium Ion battery manufacturing in Michigan…it all sounded so good. Not like a last gasp. And now, GM is being called Government Motors. Really it is “Gotcha” Motors, since the American people now own 60%. So, it is either swampland and we’ll have our kids and grandkids paying our way out of the mess, while another 20,000 workers find a way to become re-employed in any other industry…OR, GM will reshape and re-emerge leaner, meaner, stronger and more relevant to today, with a business plan that makes sense in today’s economy.
What I do know is that I WAS planning on buying my mother a new car this year and WAS considering a GM. Now, I’m not sure if I, die-hard GM fan, will take that gamble. Honestly, I’m looking at the Honda CRV.