Shelby favors changing automaker management teams

[Terri]

By KEN THOMAS
Associated Press
November 19, 2008
WASHINGTON (AP) -- The senior Republican on the Banking Committee, said Wednesday he doesn't believe there will be a turnaround in the troubled U.S. auto industry until its top management is ousted and its manufacturing operations are revamped.

"I don't think they have immediate plans to change their model, which is a model of failure," Shelby said, a day after the top executives of General Motors, Ford and Chrysler came to Congress to plead for a $25 billion "bridge loan" to avert layoffs and plant closings.

"I think a lot of it will be life support," Shelby, R-Ala., said. "I believe their best option would be some type of Chapter 11 bankruptcy ... These leaders have been failures and they need to go."

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[Cynical Pete]

"WASHINGTON (AP) -- The senior Republican on the Banking Committee, said Wednesday he doesn't believe there will be a turnaround in the troubled U.S. auto industry until its top management is ousted and its manufacturing operations are revamped."

There you have it, that says it all.
Do it yourself minor repairs are easy on most foreign makes saving huge mechanic bills whereas, it taskes a mechanic too even change a light bulb on most American cars. Make things simple, affordable and economical and you will have a successful automobile business.

[tamatt27]

Blanket statements like that are mis-leading and, mostly, incorrect. Name examples of your scenario and prove how it has caused the American Auto Industry to fall behind it's foreign rivals.