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GM News, New Models and Market Share

8638 messages,  Last post on Dec 07, 2009 at 10:07 AM

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#4330 of 8638
Re: Uncle Sam and the Motor City [motownturns50] by kernick
Feb 18, 2009 (5:18 pm)
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Replying to: motownturns50 (Feb 18, 2009 4:51 pm)

But, that's actually only $50 apiece for every man, woman and child in the US. For my immediate household, that would be $250.
 
Certainly you are welcome to your opinion, and to donate as much as you want to whomever you want; just don't try and force the rest of us to. And your numbers are only a small part of what GM will need. They will need $15B several times a year for the next few years. And there are 50 other industries - homebuilders, hospitals, drug companies, consumer goods, electronics, computers, that all similarly deserve money. Do you propose giving each industry the same bailout deal as autos?
 
Understand this -there is $5,000 billion of bad debt in this economy right now. There is no way the government which is $11+T in debt is going to be able to address this and bailout every industry. The government can not infinitely print money and there is no consequence.
 
Anyway if you want to help GM buy some of their stock. Let us know later tomorrow how much you bought. Maybe mortgage your house and buy a lot?
#4331 of 8638
Re: Uncle Sam & the Motor City [andres3] by kernick
Feb 18, 2009 (5:23 pm)
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Replying to: andres3 (Feb 18, 2009 5:10 pm)

Yes, since Cerberus has $, I think Cerberus should finance Chrysler up to the point it's owners declare bankruptcy. Only then should Chrysler have ever been considered to be part of a government loan.
 
This is like the government bailing out one of Donald Trump's businesses, when Donald is sitting back with his hundreds of millions unwilling to put any of his own money into his failing business.
 
Why should the U.S. taxpayer be putting money into Chrysler when the owners of Chrysler aren't willing to do so? Or the owners of Chrysler should sell it, if they don't think it's ever going to make a profit. Or they can shut Chrysler down, and Chrysler's customers would go to helping GM and Ford stay in business.
 
No one in favor of the loans, which is very few will ever address why Cerberus shouldn't put their last dimes into Chrysler, before the 1st taxpayer $ ever goes to Chrysler.
#4332 of 8638
Re: Uncle Sam & the Motor City [andres3] by motownturns50
Feb 18, 2009 (6:20 pm)
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Replying to: andres3 (Feb 18, 2009 5:10 pm)

Well, yeah. A few months ago my son-in-law told me he was really starting to like the way those mopars looked. I told him not to make eye contact. Besides, you have a complete and articulate education money alone can't buy.
     While it's true that a very high percentage of all the people I know who have bought mopars in the last 20 years have various horror stories, I can't seem to forget their glory days. If you weren't beaten by a mopar, you never drag raced. If you didn't notice all the guys in h.s. auto shop gravitating toward mopar, you never got out of English Lit. Once the word, "hemi" re-entered the language, I started looking at fenders again. Remember when flags and numbers changed bottom-of-the-line familymobiles into a awesome street rulers?
     News types are getting some attention writing Chrysler's epitaph, saying stuff like, "All the talent has already left the building." I think the cell-phone generation will decide for themselves. I can help. A new GM car will break your budget, a Ford will never be quite right and will lesson your joy of driving, a Chrysler will have one or more very expensive repairs, scaring you into another car, and Honda and Toyota will run like sewing machines for hundreds of thousands of miles until you can stick your foot right out to the pavement, but sewing machines aren't that thrilling and besides the nece$$ary maintenance intervals, repairs are unpredictably expensive.
     My solution? Keep the oil changed and don't trust repair shops even before they burn you. "Honest" and "mechanic" are two words that should be separated by at least a day.
#4333 of 8638
Re: Uncle Sam & the Motor City [kernick] by fezo
Feb 18, 2009 (6:24 pm)
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Replying to: kernick (Feb 18, 2009 5:23 pm)

Absolutely on Cerberus. They bought Chrysler thinking they'd make a quick buck. They were wrong. Either put their own money into it or take the loss.
#4334 of 8638
Re: Uncle Sam and the Motor City [kernick] by motownturns50
Feb 18, 2009 (7:00 pm)
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Replying to: kernick (Feb 18, 2009 5:18 pm)

Anyway if you want to help GM buy some of their stock. Let us know later tomorrow how much you bought. Maybe mortgage your house and buy a lot?
     While there is certainly merit in this idea, my meager portfolio is on cruise-control. I merely adjust the risk and the fund managers take it from there. Yeah, I know the risk adjustment is a dummy knob, but it simulates the feeling of control.
     I would rather help GM by buying a car and going broke than buying their stock and risk going broke in the dark. I just don't understand how the game works. How can a company, or better, an entrenched management team, steal a company away from the real owners, the stockholders? Isn't that what happened with K-mart?
#4335 of 8638
Hey, andre1969... by iluvmysephia1
Feb 18, 2009 (11:23 pm)
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going back to the point you made that most Plymouth's are just Dodge's...the 1973 Plymouth Gold Duster...was it's Dodge counterpart the Dodge Demon? Dodge Dart? Must've been the Dodge Demon, eh?
 
There was not an exact bodystyle match that I can recall that year, indeed there's slight headlamp and taillight differences between them, yes.
#4336 of 8638
Re: Hey, andre1969... [iluvmysephia1] by andre1969
Feb 19, 2009 (5:21 am)
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Replying to: iluvmysephia1 (Feb 18, 2009 11:23 pm)

Well the Gold Duster was just a trim package for the Duster, so I'm not sure if Dodge had a counterpart of that particular trim package. The Dodge counterpart to the Duster was called the Demon in 1970-72 (or was it '71-72? Can't remember now), and the Dart Sport from 1973-76. There was a backlash against the Demon name, especially in the Bible Belt, as a lot of people didn't like the idea of driving a Demon to church on Sundays!
 
Originally, that fastback style was supposed to be a Plymouth-only offering, meant to fill the void left by the departure of the small, Valiant-based Barracuda, and also to compete with the Maverick. Dodge dealers wanted a version though, so that's how the Demon was spawned. To return the favor, the Valiant hardtop was reinstated. It had been canceled for 1967, to eliminate competition for the Barracuda, similar to the way Ford dropped the hardtop/convertible Falcons for 1966 to avoid competition to the Mustang, and Chevy did the same in 1968 to the Chevy II/Nova, to clear room for the Camaro.
 
When the Valiant hardtop returned, it was called the Scamp, which is kind of a nasty sounding name. Especially if you grew up listening to the Greaseman on the radio!
#4337 of 8638
Re: Hey, andre1969... [andre1969] by motownturns50
Feb 19, 2009 (5:49 am)
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Replying to: andre1969 (Feb 19, 2009 5:21 am)

There was a backlash against the Demon name, especially in the Bible Belt, as a lot of people didn't like the idea of driving a Demon to church on Sundays!
     When my cousin ordered a 1970 Dodge Charger he chose the color, "Plum Crazy" with a black vinyl top and black interior. The salesman told him that the color was originally to be called, "Statutory Grape." Sounds a little unlikely now, but we had no reason to doubt it at the time. It all became academic when the car was delivered white, with a white vinyl top and white interior. My cousin didn't take it and it went back to "the Dodge Boys, the good guys in the white hats."
#4338 of 8638
Re: Uncle Sam & the Motor City [motownturns50] by lemko
Feb 19, 2009 (6:36 am)
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Replying to: motownturns50 (Feb 18, 2009 6:20 pm)

A GM car will break your budget? Shoot, I'm often surprised how cheap it is to maintain my fleet of GM cars. My 1988 Buick Park Avenue will probably run forever. I hardly needed to put a dime into my 1989 Cadillac Brougham except stuff like oil changes, brake pads, windshield wiper blades, and such.
 
A Chrysler will have one or more very expensive repairs, scaring you into another car? Heck, one of the best cars I ever owned was a 1985 Chrysler Fifth Avenue. I sold it to my brother back in 1993 and he's still driving it! I'd buy another M-body in a New York second if I can find one in decent condition.
#4339 of 8638
Re: Hey, andre1969... [andre1969] by lemko
Feb 19, 2009 (6:39 am)
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Replying to: andre1969 (Feb 19, 2009 5:21 am)

Did wife swappers drive Swingers?

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