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June 1, 2009
Posted: 1442 GMT

Or is it doomed to fail?

Filed under: I-Desk Poll


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Stephen Aganyi.   June 1st, 2009 5:10 pm ET

Yes, GM will be back and wax stronger than what it was before, this is one of the automobile makers that has served the global consumers over the years and I can see spirited resue efforts coming for it.

Vineet   June 1st, 2009 7:21 pm ET

GM can't be ever profitable. This is like expecting "The old dog to learn a new trick and perform", but let's hope for the best.

Jonathan Mills   June 1st, 2009 7:28 pm ET

$30 billion dollar bailout for GM...what a waste of money! Obama could have bought out Tesla for that money and used the GM infrastructure to produce electirc cars and scooters the envy of the world.

Too bad there isn't any lateral thinkers in his adminstrations just fixers at the expense of the tax payer.

Simon Barnaby   June 1st, 2009 9:47 pm ET

GM may well survive only with new thinking from management as to the type of cars produced. GM US needs to look at what GM companies are doing in Europe, UK, Australia and New Zealand

Kola   June 2nd, 2009 3:33 pm ET

Sure, GM would be back again, but there are conditions.... It needs to go back to the basics which is to produce very energy friendly and fuel efficent cars. This coupled with the growth in the US ecomony, the company would stand again

Robin   June 2nd, 2009 8:27 pm ET

Depends! If it runs like a Government entity with all kinds of Government bureaucracy and too much of controls that hinder innovations and risk taking – there is a danger. It also depends on the senior management's willingness to change by learning from their past. As of now, it looks, the same senior management that lied and failed is going to take it over and I don't see any new thinking and new bloods. It can be turned around if GM attends these issues with vision

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