According to MSNBC General Motors said it will notify 1,100 U.S. dealers on Today Friday May 15 2009, that their franchise agreements will not be renewed. Dealers expect to hear either by telephone or FedEx letters that will begin arriving Friday morning.
As I have talked to people off all walks of life, the questions are pretty much the same: How come is that the largest and most important car manufacturer of the world is now experiencing the challenges and the problem that may take the car giant down for good?
Among the answers given by the ones with economic and industrial wisdom there are the common denominator factors such as a complete lack of vision, a none existence economical discipline, internal politics and perhaps, corruption in a way of concessions and perks to syndicate and upper level directives of unprecedented amounts.
What is coming to General Motors is yet to be seen, however, by the tone of the deal with Fiat, things will not be as smooth and advantageous for our nation.
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