Keeping up with Robert Farago's rants about GM is like running 24 Hours of LeMans in a Zamboni. They just keep flying past our window, and we're helpless to keep pace. This week, he's on about why GM's employee discount program sucks, in terms of further weakening nanotech-thin profit margins, despite it giving the company a (dubiously calculated) market-share boost. Is GM's much-ballyhooed discount program really just "hastening the financial demise of the world s largest automaker"?
GM Death Watch XVIII: Discount This [The Truth About Cars]
Related:
The Truth About the GM Death Watch: Brand Spanking [internal]