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Posted by: nostalgia 7 months, 1 week ago

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    nostalgia7 months, 1 week ago

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    Who is making the decisions on the car companies?

    The 31-Year-Old in Charge of Dismantling G.M
    It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.
    But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.

    “There was a time between Nov. 4 and mid-February when I was the only full-time member of the auto task force,” Mr. Deese, a special assistant to the president for economic policy, acknowledged recently as he hurried between his desk at the White House and the Treasury building next door. “It was a little scary.”

    While far more prominent members of the administration are making the big decisions about Detroit, it is Mr. Deese who is often narrowing their options.
    “I slept in the parking lot of the G. M. plant in Lordstown, Ohio,” he recalled. The giant plant, opened during G.M.’s heyday in the mid-1960s, is where the Pontiac G5 is produced. Under the plan Mr. Deese worked on when he arrived in Washington, Pontiac will disappear.

    “I guess that was prophetic,” he said, shaking his head.

    http://www.nytimes.com/2009/06/01/business/01deese...

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      nostalgia7 months, 1 week ago

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      So Pontiac will disappear and GM will keep Buick

      Strange decision, isn't it, in light of sales figures for 2008

      2008 GM Vehicle Sales
      Chevrolet 1,801,131
      GMC 376,996
      Pontiac 267,348
      Saturn 188,004
      Cadillac 161,159
      Buick 137,197
      Hummer 27,485
      Saab 21,368

      http://money.cnn.com/2009/04/27/autos/pontiac_obit...

      So GM sells almost twice as many Pontiacs as Buicks and Deese decides Pontiac has to go?
      If this is how he is making decisions, say good bye to GM

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