THE CLOCK IS TICKING


AA or BK

Jim Dollinger
Thursday, July 3, 2008

For years now I've been preaching that unless GM changes it's marketing, the downward spiral will never be reversed. Still today they refuse to listen, embarking on the 72 Hour sale where we spent tens of millions advertising giving our products away at a loss while further damaging the brands. GM is like an alcoholic who won't recover until they h . . . .

Read more. . . .

Since becoming head of North American Operations in 1994, Richard Wagoner is responsible for a 30% drop in market share and a loss of over $50 billion in shareholder value since becoming CEO in 2000.

Follow the Loser by Jim Ziegler, Dealer Magazine Dealer Advocate

Trend: GM total sales in USA
1999: 5.02 million
2000: 4.95 million
2001: 4.91 million
2002: 4.86 million
2003: 4.76 million
2004: 4.71 million
2005: 4.52 million
2006: tracking between 4.1 and 4.2 million

MARKET CAPITALIZATION:

2000 - $66,000,000,000
2001 - $48,000,000,000
2004 - $25,000,000,000
2005 - $15,000,000,000
2006 - $10,000,000,000

The Future of the Union
Other GM Related Sites:
HelpFixGM.com
 
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