GM CEO forced out by Obama

[Wytchdctr]

http://www.reuters.com/article/topNews/idUSTRE52S1VV20090330

I wonder who is going to take his place? :thinker:

[Sluggish]

About time, he has been fucking that place down for the past 8 or 9 years.

[Matticus]

They can give it to me. I will make em money ROFL

[Pushrod346]

They can give it to me. I will make em money ROFL

I can see it now. Camaro + v-tak = redneck ricers. A new species all together. :D

[jeremys14]

one more step to socialism

[Matticus]

I can see it now. Camaro + v-tak = redneck ricers. A new species all together. :D

No VTACKKKKKKKKKK, all Camaro's would come stock with direct port lines :rotfl:

[Pushrod346]

This just in....

Obama Orders Chevrolet and Dodge Out Of NASCAR

With their racing budgets deemed “unnecessary expenditures,” GM and Chrysler are ordered to cease racing operations at the end of the season.
CARandDRIVER.com
BY JARED GALL

In a move sure to spark outrage, the White House announced today that GM and Chrysler must cease participation in NASCAR at the end of the 2009 season if they hope to receive any additional financial aid from the government. Companies around the globe—Honda and Audi, to name two—have drawn down racing operations, and NASCAR itself has already felt the pinch in the form of reduced team spending. A complete withdrawal from America’s premier racing series is expected to save more than $250 million between GM and Chrysler, a substantial amount considering the drastic measures being implemented elsewhere.

“Automakers used to operate on the principle of ‘win on Sunday, sell on Monday,’ but the Auto Task Force’s research just doesn’t validate that as true,” said the statement from President Obama. While fans have decried the Car of Tomorrow for heavily limiting what little personalization the cookie-cutter series had previously allowed to participating manufacturers, and drivers have slammed its brick-like aerodynamics and unpredictable handling, even the governmental oversight committee sees that the full-scale regulation of the cars leaves the manufacturers very little space for research and development. “NASCAR is a racing series that regulates down to the smallest detail of the cars, where a car badged a Chevrolet or Dodge differs only marginally from a Ford or a Toyota. There’s no technological development to speak of.”

The statement goes on further to say the same demand will be made of Ford if it asks for government assistance. “In order to receive this money, corporations must demonstrate they will spend it wisely. Racing has been said to improve on-road technology, but frankly, NASCAR almost flaunts its standing among the lowest-tech forms of motorsport. NASCAR is not proven to drive advancements that transfer from the racetrack to the road, and this nation’s way forward does not hinge on decades-old technology. We need new, and we need innovation.”

[Bones]

sorry i didnt read all the thread...but i know at lunch today i heard some people sitting across from me talking...and what i got from them over the tv...was he pertty much left with like a 30 million severance....dont know if its true or not....but im sure hes layed up on some beach right now not giving a shit!

[Jblock]

No VTACKKKKKKKKKK, all Camaro's would come stock with direct port lines :rotfl:

nonono >.<
inline 6s >.<

[Wytchdctr]

sorry i didnt read all the thread...but i know at lunch today i heard some people sitting across from me talking...and what i got from them over the tv...was he pertty much left with like a 30 million severance....dont know if its true or not....but im sure hes layed up on some beach right now not giving a shit!

I am not 100% sure on the amount, but yeah he got a nice paycheck on the way out.