GM to sell Allison Transmission

[KenP]

I think it's great! Get back to basics. However, one would argue the opposite, spin off GM and hold onto the higher profit companies.

Frankly, it's too bad Unions have driven up the cost of business so much. The amount of money domestic manufacturers spend on labor is obsene.

Yea GM does get more than it's fair share of criticism. And yes their Balance Sheet is a mess, which took years of poor management, marginal products and years of bending over for unions, etc.

Let's hope the intentions of sales like the Allison Transmission sale lead to improved focus on better products. That has only been proven on a small scale with low volume with products like the H3, Solstice/Sky, Vette and a few high volume winners like the new full size pickups. And there are several new promising cars/trucks that seem to be getting traction, but it's too early to assess their success. Too many (recent) years of GM selling rental-car-quality stuff is hard to overcome quickly.

[bparker]

I couldnt agree more, well said

Originally Posted by Steve - SanJose

Yea GM does get more than it's fair share of criticism. And yes their Balance Sheet is a mess, which took years of poor management, marginal products and years of bending over for unions, etc.

Let's hope the intentions of sales like the Allison Transmission sale lead to improved focus on better products. That has only been proven on a small scale with low volume with products like the H3, Solstice/Sky, Vette and a few high volume winners like the new full size pickups. And there are several new promising cars/trucks that seem to be getting traction, but it's too early to assess their success. Too many (recent) years of GM selling rental-car-quality stuff is hard to overcome quickly.