The 5 step plan may work, but will the unions buy in or take this oppertunity to put the screws to GM management. Expect this to get bloody and sooner not later.
Upfront casualties are SAAB and HUMMER, both are targeted for sell off. Makes will also have to be reduced. Look for Pontiac, Oldsmobile, and Buick as Brands that could possibly be elimnated before the end of the year.
http://www.freep.com/apps/pbcs.dll/article?AID=/20060111/BUSINESS03/601110463/1014/BUSINESS01
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