It’s never been more apparent to me that the demise of the auto giant General Motors was caused by its executives’ failure to lead. All the while, the auto industry continued to bring to the public what they thought we needed in an automobile when it should have been the leader in providing an education and commitment to the future of ourselves and this planet.
It’s a wake-up call for all automobile manufacturers. They must be efficient and provide stewardship to the naïve public as to what transportation products should be. Quality without quantity, efficiency without gadgetry, and keeping our energy needs green and sustainable. It should come at an expense to both the executive and worker in compensation. No more rewarding poor stewardship.
There is plenty of demand for automobiles. The public just needs to be educated or coerced into making good decisions as to quality, fuel-efficiency and planet-saving choices. The new auto manufacturer needs to be the leader in teaching the public how to use transportation with these ideas in mind.
Kenneth K. Wier
When did Obama become the controlling stockholder in General Motors and Chrysler? Obama loaned taxpayers’ money to both firms. This made the taxpayers their bankers. It did not authorize anyone to sell an American car company to a foreign entity.
Granted, GM has been badly managed, but it is up to the real stockholders to improve upper management, not a banker who just lends money.
Obama is out of bounds with his actions. We have always respected the office of the presidency, but no more. The Bolsheviks have arrived!
Gentry W. and Shirley R. Robinson