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Rick S.
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Gumbie: The "new and changed GM," as you put it, has been coming now since at least the 1970s. It never seems to arrive. Unless you count the Hummer debacle. That was indeed new and changed, or at least newer and bigger.
Jun 25 13:18 pm
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All Comments by Rick S. »Market Share Doesn’t Matter; GM Mortgages Its Future [View article]
With their pal Rep. John Dingle preventing meaningful gas mileage standard upgrades in Congress, U.S. auto makers have behaved like alcoholics. They keep talking about changing for the leaner and better. However, it's always going to happen sometime in the distant future, never today, tomorrow or even next year.
John Keynes put it best: "In the long term we will all be dead." You go ahead and buy that long term screaming cheapie. I'm thinking short term and investing in today's performers.