Detroit’s Layin Hands on SUV’s LAWDDDD Jezus !!! look at this Matador
GM says it “disappointed” and “betrayed” consumers
Circle Up the Matadors Y’all;
when the autoco’s stoop to this level you know some serious shiznit is hittin the fan, post haste. So Rick Wagoner is Ousted; it won’t make anybodys’ holiday any sadder from what we can see. he came in, and now he’s ridin his high priced ass out on a big cushion; while the retirees and employees are praying the feds come through and save their jobs. – Literally Layin Hands on SUV’s in the Same Pulpit where they laid Rosa Parks Out.
LAWD JESUS It Just Ain’t Right – It Just Ain’t Right
Rick You Ass – You knew this was commin so I hope you hid yo ducats in the right place. the boy over at ford says he’ll take a $1.00 Salary; Suuuuuurrreee.. and you think our heads screw off too right ? we know bout ya stock options and ya golden parachute. Jesus Knows Your Address and Bank Acct Too Bro.
well anytime dealers are running promos where you buy one car and get another one free, to get you to buy one – you know you’re market is DEAD.
Y’all Asses Killed the Car Market – now Merry Fricken Christmas Ya buncha AMC Matadors.
DETROIT (Reuters) – General Motors Corp on Monday unveiled an unusually frank advertisement acknowledging it had “disappointed” and sometimes even “betrayed” American consumers as it lobbies to clinch the federal aid it needs to stay afloat into next month.
The print advertisement marked a sharp break from GM’s public stance of just several weeks ago when it sought to justify its bid for a U.S. government on the grounds that the credit crisis had undermined its business in ways executives could never have foreseen.
It also came as Chief Executive Rick Wagoner, who has led the automaker since 2000, faces new pressure to step aside as GM seeks up to $18 billion in federal funding.
“While we’re still the U.S. sales leader, we acknowledge we have disappointed you,” the ad said. “At times we violated your trust by letting our quality fall below industry standards and our designs became lackluster.”
The unsigned open letter, entitled “GM’s Commitment to the American People” ran in the trade journal Automotive News, which is widely read by industry executives, lobbyists and other insiders.
In the ad, GM admits to other strategic missteps analysts and critics have said hastened its recent decline.
“We have proliferated our brands and dealer network to the point where we lost adequate focus on the core U.S. market,” the ad said. “We also biased our product mix toward pick-up trucks and SUVs.”
But GM also says in the ad that it was hit by forces beyond its control as it tried to complete a restructuring earlier this year.
“Despite moving quickly to reduce our planned spending by over $20 billion, GM finds itself precariously and frighteningly close to running out of cash,” the ad says.
A failure of GM would deepen the current recession and put “millions of job at risk,” according to the ad, which also highlights the automaker’s pledged restructuring and intention to begin repaying taxpayers in 2011.
GM spokesman Greg Martin said the ad was an attempt by the automaker to present “a pledge directly to the public.”
“We believe we need to deliver this commitment unfiltered since quite a bit of media commentary has not kept pace with our actual progress to transform the company,” Martin said.
Senate Banking Committee Chairman Christopher Dodd, a Democrat from Connecticut who is central to the effort to craft an auto bailout bill, on Sunday said GM should replace Wagoner.
GM says Wagoner has the support of the company’s board.
(Reporting by Kevin Krolicki, editing by Dave Zimmerman)
SUVs at altar, Detroit church prays for a bailout
By Kevin Krolicki and Soyoung Kim
DETROIT, Dec 7 (Reuters) – With sport-utility vehicles at the altar and auto workers in the pews, one of Detroit’s largest churches on Sunday offered up prayers for Congress to bail out the struggling auto industry.
“We have never seen as midnight an hour as we face this week,” the Rev. Charles Ellis told several thousand congregants at a rousing service at Detroit’s Greater Grace Temple. “This week, lives are hanging above an abyss of uncertainty as both houses of Congress decide whether to extend a helping hand.”
Local car dealerships donated three hybrid SUVs to be displayed during the service, one from each of the Big Three. A Ford Escape, Chevy Tahoe from GM and a Chrysler Aspen were parked just in front of the choir and behind the pulpit.
Ellis said he and other Detroit ministers would pray and fast until Congress voted on a bailout for Detroit’s embattled automakers. He urged his congregation to do the same.
Other Detroit-area religious leaders — including Christian, Muslim and Jewish leaders convened by Cardinal Adam Maida — have urged Congress to approve an auto aid package.
But the service dedicated to saving Motown’s signature industry at Greater Grace Temple was the highest profile effort to mobilize support yet.
“Everybody can’t live on Wall Street. Everybody can’t live on Main Street. But all of us have lived on the side street, the working class,” Ellis said. “I call it the working class because everything tells me there is no more middle class.”
Key Democratic lawmakers and the Bush administration were locked in negotiations over the weekend aimed at offering at least $15 billion in short-term loans to keep General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) and Chrysler LLC from immediate bankruptcy.
Automakers and their political allies contend a collapse by the industry would cost up to 3 million jobs as suppliers, dealers and companies in related industries were hit in turn.
Representing the 150,000 unionized workers at GM, Chrysler and Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz), UAW Vice President General Holiefield said the industry had made its case for emergency funding as strongly as it could.
“We have done all we can do in this union, so I’m going to turn it over to the Lord,” Holiefield told the congregation.
Ellis said he started to organize the service last week after hearing from auto workers, retirees and their widows who were all fearful of even harder times.
At one point, Ellis summoned up hundreds of auto workers and retirees in the congregation to come forward toward the vehicles on the altar to be anointed with oil.
“It’s all about hope. You can’t dictate how people will think, how they will respond, how they will vote,” Ellis said after the service. “But you can look to God. We believe he can change the minds and hearts of men and women in power, and that’s what we tried to do today.”
Michelle McDade, 50, who attended the service, said her late father had worked at GM for 30 years and her mother was now living on his pension.
“I pray in good times and in bad times, but I pray these days because it’s something that directly affects our lives. “Politicians forgot autoworkers for ages. You can’t just forget them. We’re also part of the country.”
Founded in 1927 when Detroit was an automotive boomtown, Greater Grace Temple is one the city’s largest and most influential black churches.
The church was the site of the 2005 funeral for civil rights figure Rosa Parks. (Editing by Leslie Adler)
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Tags: concepts to fail, detroit pimps, matador, preachers, rick wagoner, saving the autoco's, suv's
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