As the GM-Renault- Nissan story begins to unfold, a number of automotive columnists are sharing their thoughts and concerns on the matter. Tom Walsh says GM CEO Rick Wagoner needs to set specific near-term revenue and profit targets and vow to resign if they are not met. Otherwise, Jim Burt’s assertion that Wagoner may be on the way out could come true. Michael Ellis echos this sentiment, saying Kerkorian lacks faith in Wagoner. Meanwhile, Peter M. DeLorenzo says Kerkorian + York + Ghosn is self-serving “formula for disaster” for General Motors. Robert Farago feels much the same way. “This is not about GM,” he writes. “It’s about Captain Kirk’s spectacularly bad investment in the world’s largest automaker.” Daniel Howes has written something of an open letter to Kerkorian, describing him as the man “who isn’t afraid to destroy companies or lose big-time verdicts.”
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