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16738 messages, Last post on Dec 03, 2009 at 10:07 AM
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Replying to: 62vetteefp (Dec 17, 2008 4:20 am) Good question. What about the family living in the woods? One of those tribal families? |
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Replying to: rockylee (Dec 17, 2008 7:00 am) Reality: GM knows darn well how to make small cars. It's been doing so for decades in Europe, South America and Asia. The problem is, absent high fuel prices, GM has no earthly idea how to get Americans to buy small cars -- at a profit to GM. What is this supposed to mean? If they know how to sell small cars at a profit in other parts of the world, how come it cannot do so in their own backyard? |
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Replying to: lemko (Dec 17, 2008 7:55 am)
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Replying to: rockylee (Dec 17, 2008 8:06 am) Everybody is blaming the GM management and UAW for the mess. At least the GM management is owning up to it and willing to work for peanuts as repentance. What does UAW do? It had only 3 words......"Go !
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Replying to: imidazol97 (Dec 17, 2008 7:29 am) I don't understand this at all. What "problems" have the transplants caused? They've built factories here in the U.S. & hired American workers. Would you prefer that foreign manufacturers build all of the cars that they sell here in Germany & Japan?
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Replying to: gagrice (Dec 17, 2008 8:40 am) |
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Replying to: lemko (Dec 17, 2008 7:55 am) Agreed. That was a real engineering feat. So why couldn't GM reprise that 25 years later? That tells me that GM is not nearly as well run today as it was back in the 70s. You've given me one more reason (as if I needed it) to believe that only Chapter 11 reorganization will save GM & restore it to its former vibrancy. |
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Replying to: gagrice (Dec 17, 2008 7:56 am) But as I posted elsewhere they are both down about 70% from last year for November while GM pick ups are down only 15% or so. Gas went down, little cars plummeted. |
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Replying to: gagrice (Dec 16, 2008 12:40 pm) Madoff did not only buy into hedge funds. He merely used other peole's money to pay off others debts as in a Ponzi Scheme. And not only greedy people. millions of life long savings of elderly trying to survive. We will wait to see how the scum Madoff held accountable. He is the greedy on, Sir.
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Replying to: jimbres (Dec 17, 2008 8:47 am) It's the transplants' fault that most retail customers would rather buy Camrys and Accords than Malibus, Impalas and LaCrosses. It's the transplants' fault that the UAW demanded, and management agreed to give, lavish pay and benefits for blue-collar workers. It's the transplants' fault that, when faced with falling sales, declining market share and mounting losses, the domestics opted not to do anything about their uncompetitive cost structure, which stemmed in large part from this compensation package, until the last minute, which was too late. It's the transplants' fault that the domestics ignored passenger cars until the last 2-3 years, and focused on large trucks and SUVs, in part because these vehicles generated the large profit margins necessary to support the uncompetitive cost structure. It's the transplants' fault that GM bungled an agreement with Fiat that cost the company roughly $4 billion a few years ago. It's the transplants' fault that GM sunk development money into the Solstice/Sky, SSR and XLR instead of high-quality subcompacts. It's the transplants' fault that GM decided to import two cars - the Pontiac G8 and Saturn Astra - that it could never hope to make much, if any, money on in a volatile market. Well, it's also the fault of Consumer Reports, The New York Times, Walmart, Japanese currency manipulation and the Chinese (even though they don't sell a single vehicle here)... As a regular poster, you should know by now that when discussing the domestic auto industry, it's important to remember that nothing is ever the fault of the Big Three or the UAW.
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