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Smart Shopper Stories from the Sales Frontlines
47862 messages, Last post on Nov 23, 2009 at 7:49 PM
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Replying to: obyone (Dec 03, 2008 12:02 am) Ford and GM share same parts suppliers. If GM goes under, suppliers will go under and pull Ford down with them. I still don’t think that GM and Ford will survive unless UAW is disbanded. No company can survive if they have to pay an army of retirees and their spouses a pension and health benefits for the rest of their lives? Is there any other company that still offers these benefits to their current blue color employees? |
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Replying to: driver100 (Dec 03, 2008 5:25 am) isell....I would also ask that you extend my kind wishes to Mack when you get in touch with him again. Glad to hear he's doing better. Chrysler? Nardelli? I agree. Cerebus/Chrysler is a private company. They deserve public money, why exactly? Daimler/Cerebus did everything within their power to screw Chrysler. We're supposed to clean up their mess? I'm thinking....NO! FIrst, Daimler still has a vested interest in Chrysler. They're a foreign entity. If Nardelli can't put forth a better plan than what he's laid out, I can't see any reason for us to agree to their bailout. Wagoner and GM....I don't know any of the specifics of what models he's axing, plants he's going to shutter, or how he's planning to sustain GM past the next few months (let alone the next few years). Still, gotta do better than what I'm hearing. Ford and Mullaly? Seems to have a better handle on what Ford needs to do. Still, I have yet to hear any concrete details on how he intends to stay out of putting his hand in the public till.
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Replying to: golic (Dec 03, 2008 5:40 am) |
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Replying to: isellhondas (Dec 01, 2008 4:39 pm) Thanks Isell..... I was a little worried. I just emailed to see if I get a response because I haven't heard from him in about 3 weeks.   Hope he is having his favorite burrito GP |
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Replying to: graphicguy (Dec 03, 2008 7:16 am) You are right GG in everything you say and it seems like a good buy for under $30,000. Just not too many self respecting Bimmer or Audi drivers will give it a try.
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Replying to: graphicguy (Dec 03, 2008 7:16 am) CUTTING BRANDS, MODELS, DEALERS GM will look to drop its Pontiac, Saab and Saturn brands in addition to Hummer, now being shopped to potential bidders. GM will focus on Chevy, Cadillac, Buick and GMC. Those four brands represent about 83 pct of current sales. Pontiac will become a specialty niche brand with few vehicles on offer. Saab will be shopped globally to potential bidders. GM will meet with Saturn dealers to consider options for the failed brand. The number of GM models on offer will drop from 48 in 2008 to 40 by 2012. GM will look to cut dealers from about 6,450 in 2008 to 4,700 by 2012, mostly by reducing showrooms in major U.S. cities and suburbs. I was surprised the number of models will drop from 48 in 08 to 40 in 2012. Doesn't seem like a big enough drop. 20 models should be enough. Concessions from UAW would really help. MANAGEMENT COMPENSATION CUTS CEO Rick Wagoner will work for a $1 salary in 2009 and will not receive a bonus for 2008 or 2009. GM directors will receive only a $1 retainer in 2009. GM President and COO Fritz Henderson will have his compensation cut by 30 pct. Other senior executives will take 20 percent pay cuts. Well, at least they are trying. Why only 30% and 20% cut......these guys won't get jobs somewhere else! I miss Mac too! 
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In my town dealer has a Kia Sedona at full MSRP and if you buy it you get a stripped down Accent. Dealer admits it is just a way to get people in. With discounts you are better off just buying one new car with all the discounts. This makes me wonder what is so great about 0% financing. It sounds good in theory, but customer is paying for it somewhere....I'll call it built into the price of the car. The car has to be less if the manufacturer isn't borrowing the money. This is a big factor in the credit crunch crisis today....people think they are borrowing money for free. |
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Replying to: graphicguy (Dec 02, 2008 10:25 am) I think (nothing to back this up just an observation on my part) that allot of it will have to do with if the terms of the Bridge Loan are better then the untapped line of credit we already have in place. Just for an example if I have a LOC in place at 6% and some one offers me a loan at 5% then I would be crazy not to take it. Now granted you make payments on a LOC if you use it and the Bridge Loan will require payment if it is needed or not. Unless they let the Feds hold the money till needed. I don't know the details.
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Replying to: driver100 (Dec 03, 2008 6:25 pm) Torque was there "RIGHT NOW" in it. Got to hear the supercharger whine. This was 14-15 years ago, but I do remember it being able to embarrass some much more expensive machinery....and do so in relative comfort. She used to complain that it got mediocre MPG, but that was to be expected as she was a driver who was herky jerky on the road, and kept her foot in it most of the time. I remember reading quite some time ago that the supercharged 3.8L GM motor was too expensive to produce, so they dropped it. As I mentioned, they must be pretty stout as I still see quite a few of both the Buick and Pontiac versions on the road. |
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