GM's CEO Rick Wagoner made his pledge to "do better" and decided to drive from Detroit to Washington DC next time. He will be driving a Hybrid Malibu for the majority of the trip, and then for the last leg he will be rolling up in a brand new Chevy Volt prototype. To me this kind of seems like a stunt for publicity more then a cry for help. If Mr Wagoner was really desperate, he would be driving a car that gets more then 30 mpg on the highway. The Malibu Hybrid should be traded for a 1995 Honda Civic so that Mr Wagoner can have the authentic experience of being the "common man". Ford chief Alan Mulally still has my vote for the who is trying harder contest. While the man has millions in the bank, working for a dollar a year is a pretty extreme thing to do. Mr Wagoner could learn a thing or two from Mulally rather then using this crisis to promote his new product.
2 comments:
I agree, this is totally absurd. I saw this being mocked just the other day on Comedy Central. Thesed big businesses and rich CEO have no idea just how ridiculous they are, or how to be any better.
This whole thing feels like a chapter straight out of Atlas Shrugged. The whole thing is silly, I hate to see people lose jobs over this, but if the companies can't manage their budget and quit making shitty SUV's that don't sell, those companies don't deserve our money to support their bad practice. Hmmm, I think banks and the auto industry were the first things nationalized in Atlas Shrugged, so going by the book whats next to be
"bailed out", the steel industry I think.
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