GM Losses
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Re “GM Posts Loss of $4.5 Billion, Lists Closings,” Feb. 25:
May I be so bold as to submit a solution to GM’s problems? Go over to Japan and hire the president of Toyota to run GM. And while over there, see if you can entice the president of, say, Nissan to take over Ford and maybe some other auto “proven” executive to run Chrysler.
The present auto industry management knows only how to generate losses, layoffs and closings while generously compensating themselves plus millions in bonuses.
ROBERT L. ARONOFF, South Pasadena
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