I just took a look at their last 10Q in August, even that wasn't looking too good Apparently they don't file their 10K until February...it'll be interesting to see what that looks like... That info is so silly because they need a full over haul and reassessment of their entire place. * Retiming select vehicle programs in North America and Europe by three to 12 months, i.e. lengthening product lifecycles * Deferring capacity expansion projects * Lower sales promotion spending, i.e. less advertising * Less support of dealer network activities and channel consolidations * Scaling back production * Curtailing discretionary spending (travel, consulting, over-time, etc.) * Increase reduction in force from 20 to 30% Okay so lets go point by point of the above list. > Lowering an already mediocre level of quality, fit & finish, reliability, and competitiveness. > They are way past their limits, they need to run far away from anyone that says or thinks expansion. > I have been complaining about their relentless advertising, and how the money should be spent on the development and improvement of their sub par line up. > Nice move, lower dealer support so they are less informed and helpful to the customers with problems with their newly bought vehicles. > No need to produce what they produce now, cutting production numbers should have occurred years ago. > Too easy. > GM lay-off's? No, never. Idiots. I think they should overproduce for the next 3 months like mad, then fire the unions and start hiring realizing that they can't produce for 6 months. Luckily the engineering isn't unionized so they could also use the time to re-evaluate all designs and make improvements. I believe they can only proceed without the unions if they file for bankruptcy. So, they might be heading in that direction soon.