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Automotive News & Views GM News, New Models and Market Share
8578 messages, Last post on Dec 04, 2009 at 3:29 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: 62vetteefp (Jan 03, 2009 7:41 pm) It's the public's money so the public at the very elast deserves to know what their money is spent on. There's no need to release all financial infos, however I do believe it's mandatory to release informations on the bailout money to the public, press included. Another reason, even the government isn't clean. That leaves the last option, public release to make sure we receive actual, un-"revised" information. All I'm saying is there's huge chance GM will pull the same trick as WS, they're just as dirty. Those financial institutions, INCLUDING GMAC, refused to release information to BOTH public and government. It's our money, we have the right to know. The reason GM needed the money was to pay its day to day debts. They have said they are making those payments and even say they made a payment to a major supplier. What did you expect, GM to list their outlays in the daily media? Yes, exactly. Like I said, not all, only each related to bailout spendings, every single penny.
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Many households in my neighbourhood signed a petition letter to our reps basically saying 1) They're disappointed by the government's decision to give GM and Chrysler bailout with barely any strings attached, and 2) That GM and Chrysler have lost them as customers until every cent of the bailout is returned. Not too many people signed, only 229. However in a living community of roughly 280-300 houses it sounds plenty. This is my living area only, I dare bet there are lots of others out there. Given current situation, I'm not sure even GM can ignore that. Karma, I say... 
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Replying to: m4d_cow (Jan 04, 2009 10:13 am) Come on, how is GM "just as dirty" as WS??? When has GM or GMAC, since receiving the loans (2 days ago) refused to release relevent information to the government or public? GMAC announced they were lowering the cutoff level to 610 so they can give out more auto loans. Do you really want them to start a list? Joe Smith......$14,386 3 year 680 score John cow.......$16,9900 etc. Whilshire Chevrolet.. $345,987 for floor plan purchases And then GM: $395,000 Johnson Seat company For CTS seats, $76,000 Delphi for Cobalt radios
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Replying to: 62vetteefp (Jan 04, 2009 10:36 am) If GM and other bailout receivers wish to be honest, yes. Joe Smith......$14,386 3 year 680 score John cow.......$16,9900 etc. Not necessary, you can say: $xxx,xxx - Fairfax employee wages $xxx,xxx - Oshawa employee wages $xxx,xxx - XXX dealer closing compensation (insert place) Whilshire Chevrolet.. $345,987 for floor plan purchases And then GM: $395,000 Johnson Seat company For CTS seats, $76,000 Delphi for Cobalt radios As for this one, yes. Not only GM and Chrysler, ALL bailout receivers should do the same. There's no excuse like "the public won't even read it", a lot of us will, and a lot of us will understand what's written on those papers. |
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Replying to: cooterbfd (Jan 04, 2009 10:05 am)  Incompetence again will let the Asians win the economy battle which is uphill...always, regardless of form of energy. Regards, OW |
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Replying to: m4d_cow (Jan 04, 2009 10:34 am) Regards, OW |
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Replying to: 62vetteefp (Jan 04, 2009 10:36 am) The gas gauge is failing today on the Professional Grade Truck but I laugh now instead of get angry. I EXPECT failure. Regards, OW |
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The 2.8 and 3.0 engines are smaller versions of the 3.6L HFV6 used elsewhere. What is interesting is that the old SRX 3.6L made 255 hp while this smaller 3.0L version makes 260 hp. Expected to be on display at the Detroit auto show later this month, the 2010 SRX is based on GM’s Theta Premium platform — an enhanced version of the regular Theta architecture, which forms the basis for the 2010 Chevrolet Equinox and 2010 GMC Terrain. (Saab’s 9-4X is expected to use the “Premium” version of the Theta underpinnings as well, but recent rumors indicate it has been delayed.) Power comes from either a 3.0-liter VVT E85 V6 with direct-injection, or a 2.8-liter Turbocharged V6. The 3.0 delivers 260 horsepower at 6950 rpm and 221 pound-feet of torque at 5600 rpm, while the smaller turbocharged mill cranks out 300 horsepower at 5500 rpm and 295 pound-feet of torque at 1850 rpm. Both come equipped with a standard Hydra-Matic 6T70 six-speed automatic. The three-liter E85 unit delivers 5 horsepower more than its predecessor, while offering a 10 to 15 percent improvement in fuel economy, GM claims. The new SRX will be offered with a choice of either front-wheel-drive or AWD. 
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Replying to: 62vetteefp (Jan 04, 2009 4:57 pm)  2009 Detroit Auto Show: 2010 Cadillac SRX
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Replying to: 62vetteefp (Jan 04, 2009 4:57 pm) Cadillac sales fell 24 percent in the first 11 months of 2008, about on par with U.S. light truck and SUV sales overall. The automaker sold nearly 148,000 Cadillacs in January through November, including about 14,800 SRXs. But Toyota Motor Corp.'s Lexus division sold five times as many RXs. Regards, OW |
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