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1265 messages, Last post on Jul 21, 2009 at 10:14 AM
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Replying to: mrpushrod (Oct 10, 2008 12:28 pm) The argument of "profits" staying in this country always comes up but c'mon when was the last time anyone has seen them? Not sure if it came completely unnoticed but WE just shelled out $25 billion (within that $700 billion bail-out package) to the domestic automakers which at the current burn rate, should just keep their lights on for a couple of months. Put that (and whatever tens of billions of $$$ that follow) towards education, infrastructure, and alternative energy R&D and have a real positive impact on the economy instead.
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Replying to: cracovian (Oct 10, 2008 9:25 am) I think our definitions of exciting or car with character are different. The Camcordima are all very very good cars, don't get me wrong, but they are appliances in that the owners (for the most part) use them as appliances, a way to get from point A to point B w/o ever knowing or caring about anything else related to the car. They are great for their purpose, just not a car for me to own since car-appliances aren't my style. The reason I don't lump the Fusion or Malibu into that "Appliance" category is not because they are exciting to drive, but they lack to reliability long term that the Camcordima has, just like your Maytag fridge that goes and goes and then you replace it with another one, never seeing the repair guy etc. -mike Motorsports and Modifications Host |
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Replying to: cracovian (Oct 10, 2008 6:25 pm) Ford looks like it'll be trading below $1.00 soon which would make it a penny stock! GM has dropped like a rock the past 2 weeks as well. Thankfully tomorrow and Sunday there is no trading so they won't slide back any further. -mike Motorsports and Modifications Host |
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I have heard it all too about the "made here on our soil", etc. Believe me, if Ford and GM go down this will have a major impact on our already bad economy. Everyone said it was ok to borrow money from China and buy up all of their products too. Now that China and India have boosted the gas prices to ~$4 a gal we have second thoughts. And this is by the way when people started defaulting on their crazy home loans. When we started going to India for our engineering because it was cheap labor and we had a shortage, everyone thought it was good. Now our software engineers are out of work. Engineers that I worked with wanted to sink Microsoft when the monopoly litigation was occurring. The were probably mad it wasn't Sony at the top. We are playing with fire. I have a feeling the striking UAutoW, the lousy American engineers not just at FMC and GM but all of us will be sorry some day for trashing America even when it the information being touted is not true. All the cars are made everywhere. That said, giving the profit to a foreign company on every car sold can't be good. I have read many articles on the issue. And for those of you that can can manage to get to the CR online "reliability of new models" section. They can find their Camrys 6 vehicles from the absolute bottom with a big black bar that extends to the "worst than average" area of the graph. Guess I wasn't hearing things when I drove that mush bucket. It really did rattle.
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Replying to: mrpushrod (Oct 10, 2008 7:28 pm) Don't blame our economic problems on foreign countries, look within for the problems. Also just an FYI, FMC and GM can and probably are stocks owned by foreign companies, so are we really supporing "our own country" by buying american branded cars? Everyone here helped to contribute to the exporting of jobs, I'm sure that 90% of what you are wearing is made somewhere overseas. No one was crying a river when my Italian-American ancestors were laid off from the clothing industy in favor of cheap foreign goods. Nope they had to roll with it and adapt to the new landscape in terms of jobs. Same goes for auto workers etc. If the jobs aren't here for what you can do, you either move to where the jobs are or you adapt to what the local economy supports.... [ / rant off ] -mike Motorsports and Modifications Host
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You don't understand. We no longer have a technical edge in this global economy. Workers in other countries make peanuts compared to our workers. There is not going to be anyplace we can go like your ancestors. We are really getting off of the subject. With the creation of the internet the technology is available to all. Engineers in India were making 25k while we were making 125k. I bet you think it would benefit Americans more if the first viable electric car is invented elsewhere. Keep it up, our kids will pay.
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Replying to: mrpushrod (Oct 10, 2008 7:57 pm) To your thoughts on the 25k Engineer v. 125k Engineer, why should I as the consumer pay for the 125k Engineer to design my car, IF and this is a big IF the 25k Engineer can do the same thing for less money? That's the whole basis of the Capitalism System that competition will yield a better cheaper product! -mike Motorsports and Modifications Host |
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We all need a huge pay cut. We may be at the beginning of the correction. And BTW, there is really nothing great about a FWD, front heavy, unreliable V6 Camry regardless where it is made. It would be the one of the last family sedans on my list. I drove the CTS and STS, liked them both. The G8 is ok too, but I rather the interior ergonomics of the Caddies. The G8 has better interior room which was paramount to me. Like the balanced ride and the pushrod V8 which is American. Best engine for the money, simpler lower center of gravity, weighs less, more torque, smaller exterior, more reliable. GMs Holden transplant G8 is a much better car than the Camry. And just as when Toyota sells a Camry here, GM gets a check when they sell a vehicle in Australia. It is the same deal, yet everyone knocks GM for doing the same thing Toyota is doing. And GM has a good reason for doing it. The legacy UAW payoffs costs GM a $2500 premium for every vehicle sold. The premium goes to a lazy American for striking rather than working. We compete against a lot of countries where the salaries are pittance compared to ours.
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Replying to: mrpushrod (Oct 10, 2008 7:28 pm) The fact is that the demise of the big 3 was inevitable. Arrogance breeds weakness in the end. Yes it will hurt our economy just like drunken consumers lived on credit to buy what they could not afford. CR or JD Power can't help the poor products that came out of Detroit. GM and Chrysler are talking merger. It doesn't have to go to bankruptcy and I think this is a great time to do something drastic. Regards, OW |
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Replying to: mrpushrod (Oct 10, 2008 8:25 pm) That's why the G8, 2008 CTS and 2008 Malibu stand out like beacons. Not the usual junk you see in the show rooms. Regards, OW
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