GM
announced today that they plan on cutting the prices on almost all of their vehicles. Says the VP for sales and marketing, "'We want it to be crystal clear that ... you're getting a great price.''
You get a great price for a Wendy's 99-cent value meal. And, like a GM car, that meal turns into shit within a couple of days.
2 Comments:
Dun dun dun.
Sounds bad for GM, but then, so does everything.
I would have suspected a year ago that this would be a ploy to increase their income through service and parts, but now that subsidiary or whatever went bankrupt. I can't imagine any other explanation other than they're dissolving their inventory in preparation for chapter 9.
12:40 PM, January 10, 2006
Well, they say that they want to end incentive programs, since the incentives cost more than simply dropping the price.
I just have to wonder, since they've spent years trying to bribe consumers to buy GM cars by using incentives. Will those consumers buy the same cars, priced similarly on the tag, without those incentives? It seems like this sort of experiment must have been done time and time again in some psychology department somewhere.
What really gets me is that these shithead ideas don't really end up hurting the executives that make them. They'll all get out with their golden parachute buyout packages, walk away with their millions, and go drive some other company into the ground. But those decisions, to keep making crappy products, design them poorly, and market them incompetently, irrevocably screws up the lives of those people that work further down the ladder.
One can only hope that, since the overall national demand for cars remains relatively constant (or increases in total numbers), that those people fired due to the GM executives' incompetence can find work at some other auto plant.
1:06 PM, January 10, 2006
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