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Head Of GM Europe Steps Down
ZeroHedge ^ | 7/12/2012 | Tyler Durden

Posted on 07/12/2012 11:02:09 AM PDT by mojito

While GM can still fool some of the people, most of the time with near record channel stuffing, even as more and more are waking up and suing the company for just this, it seems the same type of strategy of load up dealers with unsellable electric cars has failed miserably in Europe. From WSJ: "General Motors Co. said Karl-Friedrich Stracke has stepped down as president of its loss-making European division, though the restructuring program initiated under his leadership will continue.

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Extended News
KEYWORDS: gm; governmentmotors
More fail from 0bamaMotors.

Last count: taxpayers down $35 billion.

1 posted on 07/12/2012 11:02:18 AM PDT by mojito
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To: mojito

Wow, that Obama. What a creator of wealth , ideas and clean living.

All he has to do is outlaw gas, (like he did for coal) and he might be closer to creating his environment for his bullshit green machine dream mandate.

Gotta love it when the government steps in and intermeddles with what the private sector has been doing since BOT. Guaranteed failure!


2 posted on 07/12/2012 11:23:58 AM PDT by himno hero (hadnuff)
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