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Financial Services

GE confirms plans to exit appliance business

General Electric Co. said Friday that it plans to sell or spin off its iconic appliance business, which has provided refrigerators, air conditioners and ovens for millions of U.S. homes.

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Pete
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#1
May 16, 2008
 
This can only be good for the end consumer. Nine years ago, they recalled their dishwashers: I had to replace a GE dishwasher because the Jet-dry tank might leak into, and set fire to the wiring. I replaced it with a new GE, and guess why they recalled dishwashers, again last winter: same reason. The GE five year old washer leaks from the midline seal on the tank, and the five year old GE dryer needs a new drum support kit, and front seal. I have replacements coming, and you can bet your butt, they're not GE. Thanks for letting me rant.
WestchesterNativ e
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#2
May 16, 2008
 
I can so relate Pete. We bought GE Profile appliances and they are garbage. I have to buy the Sears extended warranty on them each year because if I don't, it would cost me more than what they are worth to fix them.
DAW
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#3
May 16, 2008
 
They don't bring good things to life!
Buzzhole
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#4
May 16, 2008
 
Jeff Immelt ruined the company. What about all the lay-offs in Danbury? No news on that, huh NT?
zone
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#5
May 16, 2008
 
More jobs Americans will not be doing.
NM Taxpayer
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#6
May 17, 2008
 
Now they can concentrate on selling to Iran & NBC/GE can work on electing Senator Obama.
Buy And Scrap
AOL
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#7
May 17, 2008
 
A Repair Man told me that pretty much all Appliances
are now all the same,(JUNK). Since they started
building most Appliances overseas they cut back on
quality and now use cheaper parts to build them.
Maytag Appliances used to be the only one worth
repairing, but since they went to Mexico it is cheaper
to just throw them out and buy something new rather
than pay for a repair. It doesn't matter where you buy
them, they are all cheaply made. Unless you spend
thousands of dollars on say, a Bosch Appliance,
expect it to last about 5 yrs. on average, then buy
something new. That is the way of America now.
Pay CEO's big Dollars,make as much as you can for the
Share Holders, and the average Consumer gets the shaft.
wize
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#8
May 17, 2008
 

Judged:

1

Make sense you buy GE appliances in the first place.
WestchesterNative wrote:
I can so relate Pete. We bought GE Profile appliances and they are garbage. I have to buy the Sears extended warranty on them each year because if I don't, it would cost me more than what they are worth to fix them.
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