Fire all these guys

[grimmye]

General Motors Corp. Chairman and CEO Rick Wagoner's compensation rose 18% in 2007 to $6.6 million, and the company said Friday it was raising the salaries of Wagoner and other top executives this year.

These Guys should ALL BE FIRED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
They are not intune with the market and do not have proper competative vehicles in the lineup!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

just my humble opinion!

[BluDragon]

Originally Posted by grimmye

These Guys should ALL BE FIRED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
They are not intune with the market and do not have proper competative vehicles in the lineup!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

just my humble opinion!

Grimmye... Hummm... I would have to disagree. GM seems to have a good line-up of winners. The HHR, the new Malibu, the Soltice, and the Saturn line-up. The new G8's look nice... and the new Silverado seems to be a nice truck. Plus, looking down the road, the Volt is awesome, the new Camaro looks cool... So I think the line-up is good.

Where I think they are loosing is overall poor reputation for quality. GM needs to fix this, and stop "cheaping out" on parts quality. Look at our SSR's.... $50K trucks and the inside is plastic.

The other thing - which I think is a more industry problem - is they need to figure out how they keep the manufacturing here in the US without driving the costs sky-high. I think people want to buy US made product, but we also don't want to pay through the nose... this comes back to your original point about CEO compensation. Obviously, the increase comes from somewhere. :-)

I've always liked the Steve Jobs approach. His salary is $1 a year. He makes millions from Apple, but it's all stock. His performance as CEO directly affects his bottom line. Every CEO should get paid like this. If the shareholders suffer... so does the CEO.

[larry l]

Yes, I agree and for my .02 I believe thant if they make more than $1.50 a year then their job ought to be outsourced overseas!!!!!

Larryl

[Tom Savini]

The CEO of the company I work for makes $2,050,000.00
a month yes a month. That is just plain stupid. No one is worth that much money not even me Really where do they get off paying people like that. I'm done I feel better now.
Tom

[BlueStreak]

I am sure it has been said before somewhere, but If you want to have a say (though it will be a small one) buy a share of stock and go to the share holder meeting. Believe it or not, the group is often relatively small and they do listen to well founded arguements. They may come back with a pat and meaningless answer but if the arguement is really justified you can bet it gets some talk behind the scenes.
my $.02

[RUN ROD RUN]

Originally Posted by BluDragon

I've always liked the Steve Jobs approach. His salary is $1 a year. He makes millions from Apple, but it's all stock. His performance as CEO directly affects his bottom line. Every CEO should get paid like this. If the shareholders suffer... so does the CEO.

[XSELER8]

Originally Posted by BluDragon

Where I think they are loosing is overall poor reputation for quality. GM needs to fix this, and stop "cheaping out" on parts quality. Look at our SSR's.... $50K trucks and the inside is plastic.

I love my SSR. Aside from that. It's not the plastic that kills me. It's the lack of parts. The quality of the parts. The service writer and tech that couldn't care less about customer concerns (my experience from Bergey Chevrolet in Colmar). This is my first & last GM. Sorry if I'm off subject here.

[cruzned]

In light of my current situation, I am ready to burn all my Chevy hats and get a miniclubman.

[BlueStreak]

Originally Posted by XSELER8

I love my SSR. Aside from that. It's not the plastic that kills me. It's the lack of parts. The quality of the parts. The service writer and tech that couldn't care less about customer concerns (my experience from Bergey Chevrolet in Colmar). This is my first & last GM. Sorry if I'm off subject here.

I have had all GMC since 1973 and have not had any problems with dealer, service, parts, stc. Now I have a Chevy and the GMC dealer will not touch it because the chevy dealer is down the street. I have not had any satisfaction from the Chevy dealer. I guess I am saying "Is it GM or just Chevrolet that is the problem?"

[OP]

Originally Posted by cruzned

In light of my current situation, I am ready to burn all my Chevy hats and get a miniclubman.

Wait until the "MINI Crossman" comes out in '09-'10. AWD MINI SUV!!!!
A clubman on steroids.

[SSRHEARTBEAT]

The Rich get Richer and us Poor Folks just keep paying for the Rich.

Now we have a new group of Non English Speaking Moochers from south of the border and us Poor Folks are paying for them too...%#^&%$

SSRHEARTBEAT

[DOOPHUS]

Originally Posted by grimmye

General Motors Corp. Chairman and CEO Rick Wagoner's compensation rose 18% in 2007 to $6.6 million, and the company said Friday it was raising the salaries of Wagoner and other top executives this year.

Sadly, Grimmye . . . this ridiculous scenario is being repeated in this country entirely too often.

I may not agree completely with your comment . . .

They are not intune with the market and do not have proper competative vehicles in the lineup!

but I doubt seriously if Wagoner, or any of the Top Dogs, had much to do with the introduction of the current successful vehicles.

! ! ! ! ! !

[blueroadster06]

I am the CEO of my company....My salery or paycheck is based on the amount of sales, and work that I do......I work hard for the money,,in the old days I sometime worked 15 to 18 hours a day to keep the company running ....I beleve they should make all the money they can ,while they can.....

If there were no rich people...who would we work for ....the government??????

[ibjeff]

This is nothing new...its big business....what can you do...my 2cents

[XSELER8]

Originally Posted by BlueStreak

I have had all GMC since 1973 and have not had any problems with dealer, service, parts, stc. Now I have a Chevy and the GMC dealer will not touch it because the chevy dealer is down the street. I have not had any satisfaction from the Chevy dealer. I guess I am saying "Is it GM or just Chevrolet that is the problem?"

Both...GM is Chevy...Chevy is GM. That's the way I perceive it. My wife was talking about an HHR today. I'm not interested. Will be a PT Cruiser or Jeep Compass. I'm not bashing GM at all. Just not buying their products. That's my customer service survey.

[corvetteulose]

Originally Posted by BlueStreak

I am sure it has been said before somewhere, but If you want to have a say (though it will be a small one) buy a share of stock and go to the share holder meeting. Believe it or not, the group is often relatively small and they do listen to well founded arguements. They may come back with a pat and meaningless answer but if the arguement is really justified you can bet it gets some talk behind the scenes.
my $.02

I agree become a stock holder and attend the meeting and your voice is better heard - otherwise you voice and opinion is failing on deaf ears.

[eric-mpd]

Originally Posted by XSELER8

Both...GM is Chevy...Chevy is GM. That's the way I perceive it. My wife was talking about an HHR today. I'm not interested. Will be a PT Cruiser or Jeep Compass. I'm not bashing Gm at all. Just not buying their products. That's my customer service survey.

I thought the customer service of our "five star" Dodge- Jeep dealership was pathetic with known problems not taken care of. Once it was out of warrenty they knew exactly what was wrong and what it was going to cost to fix. And talk about cheap plastic interiors! Chryslers-Dodge-Jeep=NEVER AGAIN

[Darc_vexiS]

Originally Posted by corvetteulose

I agree become a stock holder and attend the meeting and your voice is better heard - otherwise you voice and opinion is failing on deaf ears.

I might become a holder next year...the last of my Roth IRA contribution for this year is now going toward my money market fund. GM was a good buy about a month ago and I just missed it...here's hopping they take a nose dive between now and then...

[1luckydog]

I don't have any issues with someone making a decent buck.

I find it hard to believe that a ceo's experience & contribution to GM is worth 6million period. Let alone per year.

I like the $1/year + stock idea but...gotta be careful. Bottom line business is about stepping on people to make money.
JTR

[Doug Allen]

Originally Posted by 1luckydog

Bottom line business is about stepping on people to make money.

Not my business.