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GM News, New Models and Market Share

8454 messages,  Last post on Nov 26, 2009 at 5:56 AM

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What is this discussion about? Automotive News


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#3157 of 8454
Re: 2008 Sales (Final Figures) [bpizzuti] by circlew
Jan 08, 2009 (3:38 am)
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Replying to: bpizzuti (Jan 08, 2009 3:20 am)

Yes, the taste is still there. People do not desert U.S. auto products because they are not patriotic. I think there is much confusion with this point.
 
You hit the nail on the head and if that sounds negative, so be it. Take it as you see it. For me, I leave the brand which again has the chance to reinvent itself.
 
We will see.
 
Regards,
OW
#3158 of 8454
2010 LaCrosse by 62vetteefp
Jan 08, 2009 (4:05 am)
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GM just released the info on the new LaCrosse. It is over on LLN and I cannot believe the comments from the peanut gallery. They are usually very negative on domestics.
 
Steve, where is Edmunds on this? They have video also.
 
http://www.leftlanenews.com/buick-lacrosse.html
#3159 of 8454
Re: [plekto] by bumpy
Jan 08, 2009 (4:33 am)
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Replying to: plekto (Jan 07, 2009 11:52 pm)

Moral - only buy cars with a 1 as the first number in the VIN. Anything else is literally shipping dollars out of our economy and overseas.
 
1, 4, or 5.
#3160 of 8454
GM slashes support of arts by 62vetteefp
Jan 08, 2009 (4:35 am)
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http://www.detnews.com/apps/pbcs.dll/article?AID=/20090108/AUTO01/901080403
 
Metro Detroit's hard-pressed arts organizations are reeling from a new blow. The GM Foundation has asked high-profile presenters like the Detroit Symphony Orchestra and Michigan Opera Theatre to exclude the foundation from budget planning effective immediately.
 
That means MOT will not receive any of the $250,000 the GM Foundation had pledged for its longstanding sponsorship of the opera's spring season. The foundation also has canceled this year's pledges of $350,000 to Music Hall Center for the Performing Arts and $100,000 to the DSO.
 
The cancellations are part of the GM Foundation's global suspension of major gift disbursements that amounted to $31.4 million in 2007, the last year for which the foundation has a complete accounting.
#3161 of 8454
Re: [bumpy] by 62vetteefp
Jan 08, 2009 (4:42 am)
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Replying to: bumpy (Jan 08, 2009 4:33 am)

Moral - only buy cars with a 1 as the first number in the VIN. Anything else is literally shipping dollars out of our economy and overseas.
  
1, 4, or 5.

 
Not quite. The assembly of a car is a sizable portion of the total cost of each car but the engineering/development and everything else is also. So that Camaro built in Canada does support a couple thousand jobs there but also supports many thousands more here in the states. Same with all the vehicles built in NA. Of course the imports that were designed and built overseas have minimal support here in the US. That in GM's case would be the Aveo/G8. I would say these had the same kind of US support as the Accord/Camry type vehicles built here.
 
But we should have no problem if the buyer takes his US given rights and buys cars that were made in the US.
#3162 of 8454
Re: [62vetteefp] by bpizzuti
Jan 08, 2009 (5:41 am)
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Replying to: 62vetteefp (Jan 08, 2009 4:42 am)

But we should have no problem if the buyer takes his US given rights and buys cars that were made in the US.
 
By "made" do you mean designed? or built? or just assembled? And how many of the parts involved in the assembly should be US-sourced?
#3163 of 8454
Re: GM slashes support of arts [62vetteefp] by kernick
Jan 08, 2009 (6:12 am)
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Replying to: 62vetteefp (Jan 08, 2009 4:35 am)

I have to agree that any corporation that is making layoffs because of losing $, should not be spending money on what is basically luxuries. Morally we should protect jobs before the corporations subsidize tickets for people who want art. Similarly it would be nice if our government realized that owners of sports team should pay for their own stadiums, and the owner/fans pay the price.
 
Corporations should also look at many of the things they spend $ on. I know my employer spends a lot of $ on landscaping - maybe cutting the grass once every 2 weeks instead of every week would save. Also I saw an article yesterday that said the trend is for business travellers is to stay in less expensive hotels, and reduce the meals expenses.
 
It would be good for all of stockholders, if corporations brought executive and management salaries and bonuses down a bit, and cut out the unnecessary expenditures that do not help make profit.
#3164 of 8454
Re: GM slashes support of arts [kernick] by dieselone
Jan 08, 2009 (6:36 am)
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Replying to: kernick (Jan 08, 2009 6:12 am)

If I owned my own company, I should be able to operate it legally anyway I desire. If I wanted to layoff a few people in order to pay for the landscaping, so be it.
#3165 of 8454
Re: Toyota cutting production in Japan [62vetteefp] by m4d_cow
Jan 08, 2009 (6:43 am)
Reply

Replying to: 62vetteefp (Jan 07, 2009 12:27 pm)

Ah yes, I've heard. Toyota actually projected $1.4-1.6 billion loss for 2008.
 
Btw I have some theories on why there's barely any news on GM's Shenyang plant:
1) China's habitual restraint when it comes to releasing information to the "outside world". The practice remains even now.
2) By current standard in China a 2.67billion investment is a mere chump change that doesn't deserve much press coverage. It's true. In comparison we're talking about a country with the largest reserve in the world, vs. US with the highest national debt in the world.
#3166 of 8454
Re: GM slashes support of arts [dieselone] by bpizzuti
Jan 08, 2009 (7:11 am)
Reply

Replying to: dieselone (Jan 08, 2009 6:36 am)

If I owned my own company, I should be able to operate it legally anyway I desire. If I wanted to layoff a few people in order to pay for the landscaping, so be it.
 
Legally you can. And when the public finds out, they can legally take their business elsewhere, leaving you to legally go out of business.

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