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GM has a second chance but can it thrive with China breathing down its back? Insight with CNBC's Phil LeBeau.
John Carey, Executive Vice President and Portfolio Manager at Pioneer Investments, thinks Goldman Sachs is an example of...
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Current DateTime: 08:04:55 09 Jul 2009
LinksList Documentid: 30830730
Expiration DateTime: 7/9/2009 8:06:30 PM
    • GM Emerges from Bankruptcy  7 hrs ago

        GM has a second chance but can it thrive with China breathing down its back? Insight with CNBC's Phil LeBeau.

    • Goldman Sachs Gets an Upgrade  7 hrs ago

        John Carey, Executive Vice President and Portfolio Manager at Pioneer Investments, thinks Goldman Sachs is an example of a financial institution that is good shape -- there are very few banks left in this position. He discusses financials with CNBC's Amanda Drury and Martin Soong.

    • Driving Out Of Bankruptcy  10 hrs ago

        A federal judge cleared the way for GM to sell most of its assets to a new company, with CNBC's Phil LeBeau.

    • Can Diesel Dethrone Hybrids?  08 Jul 2009

        A new study found diesel cars may save owners more money than hybrids. CNBC's Phil LeBeau has the details.

    • BA Workers Threaten Strike  07 Jul 2009

        British Airways passengers could see their summer-holiday plans disrupted this summer as the airline’s workers threaten to strike. John Strickland from JLS Consulting told CNBC that BA has made strides in negotiating with unions.

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Current DateTime: 08:04:56 09 Jul 2009
LinksList Documentid: 30830722
Behind The Wheel
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Jul.01
9:24 AM ET
Tuesday, 1 Jul 2008
Stand Behind GM? Here's What You Have To Say

Yesterday, I wanted to take a pulse of the American car/truck owner. I asked a simple question: Are you giving up on GM[GM  Loading...      ()   ]? Why or why not? Granted, this is a highly non-scientific poll, but the answers were intriguing.

Behind the Wheel Comments:

Brian is standing behind the automaker saying:
"The Media never gives GM a fair review it's always negative even though they build some of the best vehicles in the world. "

To Brian and all others buying into the "media is the problem" idea, remember that the press didn't create the negative impressions some have of GM, we've simply reported those feelings.

Dana doubts GM can rebound. She wrote:
"GM must build cars that will generate waiting lists of buyers! Otherwise they will go the way of the dodo bird!"

David is also skeptical, writing:
"while I'm not giving up on GM, they don't have a radical product that matches Toyota's Prius for MPG. In this economic climate, that's a disaster. In conclusion, I haven't given up on GM but am not going near their stock or their showrooms until after 2010."

Finally, Dave told me that he thinks GM can come back if it focuses on giving buyers the fuel efficient and green cars they crave. He wrote:
"shifts due to the current energy crisis could work to GM's advantage if they are able to leverage their impressive hybrid and possibly diesel experience in the developing market."

Did I draw any conclusions from your e-mails? Perhaps the biggest is that many of you, even the GM fans, think the company has too many dealers, and that some of those dealers are a problem.

Unfortunately, that won't change very quickly, thanks to the franchise laws in many states. It's too bad because the good GM dealers, and the vast majority are good, are weighed down by the few who run their shops like a kid's lemonade stand.

Auto sales start at noon. See you then.

Questions?  Comments? 

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