What do you think? I found the following excerpt at the Dealzone Blog. Should executives be driving around in luxury cars while their company is getting billions in taxpayer money?
GM sales chief Mark LaNeve called in from the road on Friday to brief reporters on the automaker’s plans to cut dealerships.
LaNeve said he used OnStar’s hands-free dialing to join the conference call from the cockpit of a luxury Cadillac Escalade SUV.
“The Slade”, as it has become known, gets 12 miles per gallon in the city. Sales are down over 45 percent this year.
GM Chief Executive Fritz Henderson said this week that his family fleet includes a Saab 9-3 convertible for his wife, a Corvette, a Camaro and a Malibu, which his daughter drives.
Henderson’s “baby,” he said, was the Corvette, which first hit the streets more than half a century ago. The muscle car’s mileage? 16 miles per gallon city. Sales? Down 55 percent.
Across town, Chrysler Chief Executive Bob Nardelli was spotted being chauffeur-driven in a Chrysler 300 sedan to the automaker’s Auburn Hills headquarters from an upscale suburban Detroit hotel.