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my guess if i had to make one is that you are about to see some absolutely ruthless activity with the brand. private equity = MAKE ME MONEY OR DIE. it is that simple. expect to see a lot of the inept management swept aside. expect the UAW to get kicked squarely in the nuts. it is contract year next year. the new guys just bought the company in a fire sale and they have room to play hard. salaries, and wages will be cut across the board. possibly experimentation with income based on company performance rather than guaranteed wages as has always been the case. UAW doesn't like it? what are they going to do -strike? *pffft* we'll just close the plants and go to China. Private equity isn't concerned about community relations at the expense of profits.
Ford and GM are watching very very closely. dealerships are watching very closely to see if they are about to go the way of the Oldsmobile.
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Getting knocked down is no sin, it's not getting back up that's the sin
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05-15-2007, 12:00 AM
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