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Automotive News & Views Do You Favor A Government Loan To The Detroit 3?
3929 messages, Last post on May 30, 2009 at 6:59 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: cooterbfd (Nov 29, 2008 6:08 pm) 'Why would they leave?', gagrice correctly asked. GREED is why they won't leave. Greed and profits are the two basic pillars of capitalism. This country needs at a minimum 10 million new vehicles annually. 12-14 million units is a 'normal' year in this new tighter environment. Any company that has a multi-billion dollar manufacturing presence here and is making $Billions in profits here is not going to just up and leave....except the Detroit 3 which can't seem to exit fast enough. In fact the 'outsiders' are increasing their presence here while the D3 are shrinking their's. Why? There's money to be made here...$Billions!!! As to your other point about the cost of labor, you simply have no idea of what you're talking about. With the current $ vs JY exchange rate the US labor costs are among the lowest among the developed countries. I assume from your parrotted statements that you are a UAW member. Do you realize that one of the key points that the UAW wanted to happen has just occurred? Hmmmm....? It's been pushing for the JY / US$ to trade for less than 100 / 1 for years and years...that's the whole accusation of currency manipulation. Well for the past several months it's been happening. Today it's at 94 / 1. The UAW should be ecstatic....except for the fact that the transplants here generally are not affected by currency issues. US$ are US$. |
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Replying to: andre1969 (Nov 30, 2008 3:05 pm) However... the trunk opening ( or lack thereof ) in the Malibu is a HUGE mistake. It's a big trunk it's just than you can't put anything into it that isn't near flat. Other than that the Malibu is every bit a serious competitor in a very crowded market. |
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Replying to: steve_ (Nov 23, 2008 10:41 am) It seems things get together for me, happened to just read Road & Track January 2009 issue (not mine don't subscribe and can't remember the last time an issue was read). 1953 Buick Skylark Convertible restored and for sale at stableltd.com for $225,000. It's white so not the one I saw almost forty years ago. Another story in the issue at Tech Bits, about Portland, "Are cars desireable in a city? or even necessary? While I have never met Ed Wallace, I will not link his site or the Ft Worth paper. But again this sunday's article has continued to increase my admiration for his expressed opinions. |
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Replying to: tired_old_dave (Dec 01, 2008 8:06 am) The hearing crank up again tomorrow so I guess the Big 3 will spend today polishing up their testimony as they carpool to DC. |
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Replying to: steve_ (Dec 01, 2008 8:49 am) Probably in a Maybach or LS460 stretch with bar. They will need to be at least the inebriation level of Ted Kennedy to communicate with the bunch of losers.
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Replying to: gagrice (Dec 01, 2008 9:03 am)
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Replying to: gagrice (Dec 01, 2008 9:03 am) That's class, and chutspah. Can one imagine the media going nuts over this. The CEOs upon questioning could say that they have confidence that someday their corps can build cars of these distinctions. |
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Replying to: lemko (Dec 01, 2008 9:15 am) |
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Replying to: steve_ (Dec 01, 2008 8:49 am) Actually steve, I believe the automaker plans are due tomorrow, and the CEO testimony is scheduled for Friday, isn't that it? andre: the interiors of the Malibu and Aura I was in were literally IDENTICAL. As for the exteriors, they look very similar to me - I realize noses and taillights are individualized, but this is just one more example of rebadging the bad way. And look at Aura sales, in the crapper from the beginning, because it's a SATURN. The forgotten brand. Why can't GM get this? Everybody else in the world gets this! The car should have been a Chevy from day one.
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Replying to: nippononly (Dec 01, 2008 10:36 am) 
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