I think it is about time they gave Juergen Schrempp his walking papers. It's kind of sad that a company sacks their CEO and the their stock jumps 10%. I guess that is the discount a stock trades at for poor leadership at the top spot. And judging by analyst comments they seem to be dancing in the street. Check out this one:
"This is the day I've been waiting for," said JP Morgan automobiles analyst Philippe Houchois. "It's a wonderful day for the auto industry as a whole."
Now that's cold. Not only does Schrempp lose his job but analysts are saying that the whole industry is made better by him getting fired. The company is better, the industry is better, and damn it the whole world is better with Schrempp out on his ass!
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