It was not all bad news from the GM stockholder's meeting because Chairman Rick Wagoner has product spending on the increase for the next two years. The mantra that GM should have been chanting over and over again is "It's the product, stupid." GM will increase by nearly a billion dollars in 2005 and 2006 and finally focus on crossover vehicles, a segment that has left GM holding the keys to many big body-on-frame SUVs. GM has been saying "wait 'till next year" for as long as we can remember, but this time we see some real product in the pipeline.

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X