Former blue chip GM (GMGMQ.PK) showing its new, greener direction: It's considering changing its...


Former blue chip GM (GMGMQ.PK) showing its new, greener direction: It's considering changing its iconic logo from blue to green. It's possible they ran out of red ink.
From other sites
Comments (3)
  • HiSpeed
    , contributor
    Comments (1252) | Send Message
     
    That's hideous! Sure hope they don't do that - it sure won't be a selling point!
    9 Jul 2009, 07:27 PM Reply Like
  • Mr. Ed, Jr.
    , contributor
    Comments (745) | Send Message
     
    I am sure this is just a coincidence, but their "sugar daddy", Barack, has been talking alot about "green" cars.
    10 Jul 2009, 01:33 AM Reply Like
  • Jake Huneycutt
    , contributor
    Comments (1419) | Send Message
     
    How innovative. In 15 years from now when they go bankrupt again, maybe the CEO can say, "we gave the consumers the best logo out there, but they just wanted to buy foreign cars instead."

     

    So long as GM has a culture of entitlement running through the organization, it will fail. Management thinks they are entitled to mega salaries, the unions believe they are entitled to earn more than all their peers, the advertising execs believe you are required to purchase GM cars because they are "American", their commercials are filled with huge distortions (e.g. bragging about their fuel mileage over other vehicles when they get 1 mph more than the competitor), the company as a whole thinks it's the consumer's fault they are struggling rather than their own --- there is absolutely no accountability in that organization.

     

    I certainly hope the bankruptcy changes the culture, but I have my doubts. I think we're going to see the very same GM re-emerge from this. The new "green" GM just seems like the old GM to me. I hope I'm wrong.
    10 Jul 2009, 04:38 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs