GM's lack for understanding of their own demand
GM stated that it had a negative cash flow this last year in the North American producers. When trying to deliberate the issue with the UAW, both came to the conclusion to go to the government to solve the problem. Some suggestions to solve the problem have been addressed by the excess inventory that GM produced just in the last three years. GM produced 350,000 more cars then they sold. Gm’s ability to figure their demand for their products has cost them money. Excess inventory is pricey. Do you think that it is necessary for GM to go to the government to fix internal financial difficulties? How do you think this push for standardized healthcare will affect the economy? Do you think that GM's problems are healthcare related at all? I really think that American companies need to do a better job at accessing their forecast of demand and find ways to be more competitive in the market; otherwise we need to let other countries produce cars and America needs to focus on what we produce best.
Posted by Marie at 4/12/2005 01:34:00 PM