GM Execs doing a Dog and Pony Show live on CNN.

[Avalux]

They're really EXCITED (used that word several times now) to give the customer what they want. An equity package -or- buyer protection plan. They're all about "selling cars and trucks" and that's what they're gonna do.

Listening to these guys - ugh. Business as usual. THEY DON'T GET IT.

[notadmblnd]

1. They're rolling out incentives

That's nothing new. How is it a dog and pony show?

[Avalux]

4. Did you watch it?

I understand they need to do something immediate but incentives don't matter if people can't afford the car/truck in the first place. I got the impression they believe that offering these incentives are going to fix GM. lol.

[notadmblnd]

5. about the last 10 seconds.

have you heard, the foreign makers aren't doing well either. Toyotas and Hondas anren't any cheaper than GM cars either.

[Avalux]

7. I didn't post this as a proponent of foreign made cars -

I want GM's new CEO to say he and other execs within the company will take pay cuts and do whatever it takes to save GM. That they care about their workers; that they will use bailout money to develop cheaper, more efficient electric cars. Their current business model is doomed and we can't keep shoveling taxpayer money at it.

[IrishBuckeye]

9. GM's current business model has changed dramatically over the last few months

How can you say its doomed?

[NNN0LHI]

16. Did you complain about the $133 million in government assistance Toyota got?

http://www.goodjobsfirst.org/corporate_subsidy/automobile_assembly_plants.cfm

Commentators much made of the fact that when Toyota chose San Antonio, Texas in 2003 as the location for an $800 million assembly plant, the company had not selected the site with the most generous subsidy package. In another example of the fact that subsidies are not the most important factor in investment decisions, Toyota highlighted criteria such as access to the large Texas market for the pickup trucks that would be built at the plant. This is not to say that Toyota passed up all government assistance. The company received a package valued at $133 million, including $47 million in tax phase-ins and waived fees.

[NNN0LHI]

2. You don't by any chance work at the San Antonio Toyota plant do ya?

Or have have a family member or friend that works there by any chance?

Don

[Avalux]

3. Uh no. n/t

[NNN0LHI]

6. Thats odd

In the 20 years I have lived here I don't think I ever ran into anyone who didn't know someone who once worked at the Ford plant I retired from. Whenever I tell someone I retired from Ford they always start saying names of friends or relatives they know who worked there.

Don

[Avalux]

11. Different environment here.

San Antonio is a huge city and I live far away from the Toyota plant which has only been in operation a few years. No family here and my friends/associates don't work there or have family members who work there.

Out of 2 million people, about 2000 work for Toyota.

[Ilsa]

18. Only about 2,000 people work at the SA Toyota plant. San Antonio has

over 1.3 million people in it. That plant was a great addition to the area, but also because of the suppliers. But it isn't like Detroit.

[RB TexLa]

8. I think they honestly presented a plan of "you give us taxpayer money until the economy turns

around, we don't care how long it lasts. You just give us money till it's fixed. We're GM and we're entitled to that money. You and the taxpayers just have to understand two words, we deserve."

[Jennicut]

12. Yup. They still don't want to change that much. Just enough to keep getting

the money.

[IrishBuckeye]

13. What plan did the banks present to get the Trillions of dollars?

Anyone?

[buzzard]

10. THey were just on our local business show and they said it looks like a marketing

show and they cut away saying they would be back to the coverage if there was any real news.

[Avalux]

15. That was about it.

No real news.

[Skidmore]

14. Yup. Ask them what kind of cars and trucks.

[Avalux]

17. Exactly. n/t