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8510 messages, Last post on Nov 29, 2009 at 5:25 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: kernick (Dec 30, 2008 8:52 am) |
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Replying to: circlew (Dec 30, 2008 3:03 pm) A Hyundai Genesis has even less cachet than a Chevrolet Caprice in my book. No Deal on the Genesis for me! |
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Replying to: circlew (Dec 30, 2008 2:58 pm)  CTS is a competitor for the Genesis...and I can't say it's defeated by that competition. If people are buying half as many 40K prestige brand cars, I can't see why they'd buy 40K econo brand cars. |
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Replying to: lemko (Dec 30, 2008 3:23 pm)
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Replying to: m4d_cow (Dec 28, 2008 6:12 am) What the??????? LMAO, nice joke, Dave... goodness, this is too hilarious... As many as 900,000 US jobs depend on GM being open for business each day. With the $9B LOAN, these jobs can stay, temporarily. Lets look at the stimulus plans the OBAMA people have...For $900B, we can reverse the unemployment back from 7.5% to 5%. Lets see, that would be less than 3 million jobs created that we are powerless to do anything more that HOPE happens. No guarantees that they are permanent jobs. For instance, after the bridge is built, what does the worker then do? If you look at the return on the stimulus dollar spent, The bird in hand (GM Job) costs the same as 100 in the bush (OBAMA's plan). However, the GM workers have to manage a turnaround as does the country. If the LOANS to the D3 keep getting repeated, It could become comparable to the other gov't. stimulus plans, where the planned payback is a couple million jobs for a total stimulus package not to equal a Trillion Dollars. Hence....If Obama's plan is as good as GM's at job creation... are you one of the 'pissed'?
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Replying to: m4d_cow (Dec 30, 2008 11:19 am) That'll just lead to two things: 1) I, along with everyone else out there with half a brain, will just simply buy a new foreign car a few days before the new higher "import" tax is implemented. 2) I, along with everyone else will vote against/vote out the Politicians who inact a ridiculous idea like taxing/tarrifing high quality vehicles (aka imports). |
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Replying to: kernick (Dec 30, 2008 8:52 am) Many wealthy buyers don't need credit to buy. Many 750 and up people have savings and other financing paths that are better choices. I would put a new car on my HELOC at a tax deductible 5% interest rate and take the rebate. So you have to ignore maybe half the people from 750 to 850 FICO score. So, look at the bottom 80% as the credit buyer pool. The 20% gain is actually more like a 25% gain. But those gained are higher risk.
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Replying to: dave8697 (Dec 30, 2008 4:57 pm) |
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Replying to: lemko (Dec 30, 2008 3:23 pm) And while Hyundai is ready to release that barn burner that OW posted, Cadillac just cancelled it's CTS coupe. Oops 
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Replying to: anythngbutgm (Dec 31, 2008 4:55 am) General Motors has confirmed that a number of its cars will be delayed, including the CTS Coupe and Chevrolet Cruze, which are being put on the backburner for around a year. The CTS Coupe wasn't expected to be a large-volume car anyway, so overall figures won't likely be hurt significantly by its delay. The Cruze, however, is much more central to the GM lineup.
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