GM to cut its payroll, suspend dividend

General Motors Corp., buffeted by a U.S. sales collapse and three years of losses, will suspend its dividend for the first time since 1922, cut its management payroll by 20 percent and sell assets to raise at ...

[Cloverine Fleetwood]

I read a quote about GM on a website, ""This is a company that consistenly fails to divine the desires of the marketplace and translate them into the right product for the right time,"
I think that when GM has faded from the scene (as all companis, countries, and people eventually do), this statement would be an appropriate epitaph.