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Automotive News & Views Does America Even Need Its Own Automakers?
1788 messages, Last post on Mar 03, 2009 at 2:18 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: fezo (Mar 01, 2009 6:56 pm) Saturn, of course, was a completely different kettle of fish. They didn't know what to do with an originally pretty decent start and let it die. It's not that...GM just has always been stretched too thin. They're just starting to realize it now (nearly 10 brands??) but they're still trying to avoid doing anything about it. Since none of them are truly unique it's harder to spin any of them back off to be independent companies, so now they're stuck in a hole of their own making. Toyota sells the same approximate number of models but with only 3 brands...that's a ton less overhead, and it also means fewer dealers cannibalizing each other for sales, lowering resale value. GM dug their own hole, now they need to go bankrupt in it. Heck, Saab has already declared bankruptcy. |
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Replying to: Mr_Shiftright (Mar 01, 2009 7:59 pm) |
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Replying to: dtownfb (Mar 01, 2009 5:35 pm) IMO it's all that fancy ( ficticious ) accounting that got us here in the first place. What's going on now is more basic accounting in doing the books they way that they should be done. It turns out the the Emperor wasn't wearing any clothes all this time and we just didn't see it. |
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Replying to: gagrice (Feb 28, 2009 8:08 pm) |
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Replying to: Mr_Shiftright (Mar 01, 2009 12:50 pm) |
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Replying to: fezo (Mar 01, 2009 6:56 pm)
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Replying to: lemko (Mar 02, 2009 7:53 am) I grew up in the hills in NW Jersey and learned to drive on old, traditional RWD American cars - like a 67 Pontiac Tempest and 66 Biscayne (both nice looking cars BTW). We lived on the middle part of an s curve heading downhill and I was fine. Never had a mishap. The only people who ever did have a problem on that hill were cases of opps rather than weather - like the mailman who forgot to set his brake and ended up with a Jeep in the woods. I liked both the new and old Oldsmobiles as well. I still think if they'd given them a bit more time and kept at the concept they were developing teh new ones would have worked. Yes, GM has too many brands but sometimes I think they cut the wrong one there and aren't sure now which is why they are hedging their bets - on our nickle of course...
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Replying to: fezo (Mar 02, 2009 8:09 am)
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Replying to: nippononly (Mar 02, 2009 8:51 am) Heck, I would have thought that Buick had more staying power ti it than has actually been the case. |
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Replying to: fezo (Mar 02, 2009 8:09 am) |
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Automotive News & Views Does America Even Need Its Own Automakers?
