Some support the bailout for automakers, other oppose it. Whatever your opinion it seems everyone at GM is ready to screw us. Well, taking this literally I guess, the numbers don’t lie. In 2006 General Motors was the single largest purchaser of Viagra. They spent nearly $17 million on Viagra for their employees. Who knows what the tab has grown to in 2008.

Thanks to the Union Contracts GM is forced to pay for E.D. drugs for its employees. What does this mean to you? A “slightly stiffer” ride in your GM vehicle. This cost, directly or indirectly, goes into every vehicle you buy from them. It is estimated that nearly $1600 of the cost of every vehicle sold in the US by GM goes to cover health costs for its employees and retirees. Just one example of a “system gone bad”.

Research and Marketing Mistakes

Millions and millions of dollars have been spent on worthless projects by both of these companies. Take a look at the Chevy SSR. A “hot rod” that each dealer only received about 2 of, cost the company millions and millions. A two seater, V-8 that was designed and launched in a time of fuel concerns and the need for better quality passenger cars.

ASC invested $250 million to design and manufacture the Chevrolet SSR, after it won the contract in 2001. With demand slow for the SSR, GM canceled it after the 2006 model year and canceled three other speciality vehicle programs, dramatically reducing ASC’s revenue. It filed bankruptcy.

Right now the public polls show that 90% of tax payers do NOT support the bailout. Isn’t it strange that when you look at that number you realize something. 10% of all the jobs in the US are related or affected by the car industry. Is their some connection? Are the 10% merely trying to save their jobs?

It’s your choice and let them know what you think.

View admin's Profile      Subscribe via RSS