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GM News, New Models and Market Share

8631 messages,  Last post on Dec 06, 2009 at 6:18 PM

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#1993 of 8631
Re: Jim Kramer take [steve_] by xrunner2
Nov 12, 2008 (8:07 am)
Reply

Replying to: steve_ (Nov 11, 2008 3:34 pm)

Does Cramer say anything at less that 110 decibels?
 
THE HOUSE OF PAIN!!! BOOOOOYAAAA!
#1994 of 8631
Re: Couple of things [lemko] by xrunner2
Nov 12, 2008 (8:32 am)
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Replying to: lemko (Nov 12, 2008 7:29 am)

Obviously, you haven't see the ads for the Cherry Hill Triplex which are constantly run during commercial breaks between the Maury Povich and Jerry Springer shows.
 
Povich, Springer low class. I mainly watch tv for intellectuals such as Mathews and Olberman on MSNBC or Katie Curic News. Guess it was our local newcasts that used to have the no credit/bad credit commercials.
 
Question for GM is their advertising budget. They have had some good Cadillac commercials in years past just before Christmas. Will these be back? They have been showing a good CTS commercial with a woman driving it. Wonder if women professionals are buying more CTS than Lexi and pickup up share there.
#1995 of 8631
Re: UAW Contact with GM [rockylee] by grbeck
Nov 12, 2008 (10:05 am)
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Replying to: rockylee (Nov 11, 2008 9:01 pm)

rockylee: These are the type of wages that globalization can provide us americans and what kills me many of you support the free-trade, globilization agenda's that will not only destroy GM, but one day might reach you in your ivory towers then it won't be such a great idea !!!
 
Except that workers at the North American plants owned by Toyota, Honda, Nissan and Hyundai seem to be doing fine without the UAW.
  
rockylee: I'm offended as american that one of my fellow countrymen can sit up on their high horse and root for GM, to die !!! Such ignorance bothers me !!!
 
No, they realize that giving any government money to the current mangement and union is just like flushing it down the toilet.
 
GM is not viable in its present configuration. Government aid only delays the inevitable.
 
GM needs to shrink to the point where it is sized to service about 15 percent of the market. That means factory closures, the shuttering of several divisions and elimination of the associated dealers, along with a rewrite of the UAW contract. All of which mean job losses for both white-collar and blue-collar employees at GM, but there is no alternative if GM is to become a VIABLE company with a future, as opposed to American Leyland.
#1996 of 8631
$73 per hour by imidazol97
Nov 12, 2008 (10:41 am)
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Rush is saying that the cost is $73 per hour for GM's UAW folk building the cars. That includes the ones being paid for not working and the retirees--if I understand correctly what he was saying.
#1997 of 8631
Re: UAW Contact with GM [62vetteefp] by jae5
Nov 12, 2008 (10:46 am)
Reply

Replying to: 62vetteefp (Nov 12, 2008 6:42 am)

Explain, what are you asking? Why do I have to make anything up? What, because I'm not the type to be blinded by incompetency simply because I work for a company whose management, as well as lower-level employees, made bad decisions and mistakes? Crap is crap, just as lies are lies and mistakes are mistakes. Take a look at their 10-K (if you haven't already) from Feb of this year, especially the area of management priorities and the listing order. And by you previously working there you should still have contacts, just as I; you can't just read Automotive News Daily and other mags, you gain more info by talking to real people.
 
As I stated in the past, am so in the present, and will so in the future, just because these people "inherited" a load of you-know-what doesn't mean they have to continue to accept the load as status quo. Also, GM going into BK, not totally out of business, will not cause 2, 2.5, 3 million (I kept increasing the number because this number increased every other day by the journalists, which means by Friday we should be at ~3.5) to lose their jobs. The original number, as well as the current number, is based on if all three go out of business, and is a guesstimate. (hence the changing number). The point is, giving these guys monies, tax-payer monies, without real stipulations is just flushing it down the drain. Also, take into consideration that this is just to keep the doors open. It does not, repeat does not, guarantee that sales will just turn around and people will start buying their product.
 
You will still have those that won't by a GM:
-no matter how much you (or anyone else) cheerleader for them
-because they don't have the credit
-because they don't need to buy a vehicle
-because they are waiting either until this economic mess is over, which is looking more like 2011 every day that passes, (also to see if GM is going to be around)
-because they are looking for that killer deal, which most have been doing since 2003 ~ 2004 time frame or buying used because GM's residual values are terrible - whether real or not, you know, that whole perception more real than reality thing
 
Again '62, I'm not here to argue with you or anyone, but you don't work for them anymore nor deal with them from the supplier side, which my company does, as well as the previous company I worked for - really bad since this was in the "Ignacious Era" - as well as at the OEM level. The truth may hurt but it needs to be told. Those that are opposed to give GM, or any company, a bailout are so because of the years of bad management and decisions, and lack of plans for when the times got rough, and the lack of accountability. They just rode the good times and had the "we'll deal with the bad when it comes". Look at AIG, anyone with common sense would have told you that was going to happen, that they would piss away any money they got for a bailout. Myself, as well as others, don't want the same thing to happen with GM. It would be the same if the oil companies came to Congress asking for a bailout, or when the Credit Card companies come to Congress for a bailout, which is going to be soon. And I'm sorry, the UAW isn't the blame for everything. Management has to answer for mistakes, and just having a plan of "need to make it to 2010" isn't going to cut it.
#1998 of 8631
Re: UAW Contact with GM [gagrice] by robbieg
Nov 12, 2008 (10:48 am)
Reply

Replying to: gagrice (Nov 11, 2008 9:27 pm)

I couldn't agree more.
#1999 of 8631
Re: UAW Contact with GM [jae5] by 62vetteefp
Nov 12, 2008 (11:23 am)
Reply

Replying to: jae5 (Nov 12, 2008 10:46 am)

" Plus, GM is slashing jobs anyway, as is Chrysler and Ford; well except at the corporate level. "
 
All asked is where you heard that corporate level jobs are not being "slashed" at GM. Anybody can make up anything they want on the net. So where did you see that corporate jobs are not being cut?
#2000 of 8631
Re: Couple of things [xrunner2] by lemko
Nov 12, 2008 (12:14 pm)
Reply

Replying to: xrunner2 (Nov 12, 2008 8:32 am)

My girlfriend would absolutely love for me to buy her a new CTS for Xmas.
#2001 of 8631
Re: 80 percent say no [62vetteefp] by circlew
Nov 12, 2008 (1:21 pm)
Reply

Replying to: 62vetteefp (Nov 12, 2008 6:39 am)

If their cars were competitive, do you think they would be losing money?
 
Whatever could be wrong with their strategy them?
 
Hmm, let's think about this. Those damn foreigners who are giving their cars away stealing sales form GM! Keep those products out of our country so GM can heal itself.
 
Pesky neighbors, they are.
 
Regards,
OW
#2002 of 8631
Re: UAW Contact with GM [jae5] by circlew
Nov 12, 2008 (1:28 pm)
Reply

Replying to: jae5 (Nov 12, 2008 10:46 am)

Excellent post. I see the same reality as you do. Unfortunatly some on this board do not as well as Congress.
 
The inevitable will happen at the end of Spring 2009 and it will cost $25Billion to delay the show until then.
 
UAW, please prepare yourselves because the handwriting is on the walls...HELLO!
 
Regards,
OW

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