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Do You Favor A Government Loan To The Detroit 3?

3958 messages,  Last post on Oct 02, 2009 at 4:52 PM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Legislation


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#1349 of 3958
Re: what's missing here? [nippononly] by gagrice
Dec 08, 2008 (9:12 am)
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Replying to: nippononly (Dec 08, 2008 8:14 am)

•Require GM and Chrysler to merge
 
I think it is too late for GM to do any good for Chrysler or the other way around. Sell Jeep to Ford and let the rest be liquidated. Doesn't Ford own Cummins diesel? They could get rid of that PowerStroke junk and start using the Cummins in their trucks.
 
Trying to rid themselves of dealers is too costly. Let GM just go into bankruptcy and the dealers will fall on their own. Most are ready to kick the bucket right now. Let Ford survive as a much stronger AMERICAN automaker. The Big 3 are pathetic and no amount of bailout is going to save all 3. We need to get it over with and done. Then the rebuilding can begin. Next year will be just slow bleeding if we try to keep all three going.
#1350 of 3958
Re: what's missing here? [nippononly] by tlong
Dec 08, 2008 (9:48 am)
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Replying to: nippononly (Dec 08, 2008 8:14 am)

Some lawmakers floated the idea of requiring financial institutions that are getting federal aid from the $700 billion rescue package to make loans to automakers.
  
While that sounds intuitively tempting, I think it would be a bad idea - we only just got done rescuing them from bad debts, now we want to saddle them with new ones?

 
The automakers are the ultimate subprime borrowers.
#1351 of 3958
Re: Saturn may be easier to kill.... [dtownfb] by steve_ HOST
Dec 08, 2008 (9:50 am)
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Replying to: dtownfb (Dec 08, 2008 9:03 am)

"Saturn is not a candidate for sale because it has no dedicated manufacturing or engineering facilities apart from GM, according to another source."
 
nippononly, "What if GM Dumps Saturn?" #21, 8 Dec 2008 8:25 am
#1352 of 3958
Re: Saturn may be easier to kill.... [steve_] by bpizzuti
Dec 08, 2008 (9:53 am)
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Replying to: steve_ (Dec 08, 2008 9:50 am)

"Saturn is not a candidate for sale because it has no dedicated manufacturing or engineering facilities apart from GM, according to another source."
 
None of them do, that's the way GM works. it's primarily Chevy and a bunch of Chevy clones. Hummer consists entirely of Colorado and Silverado platforms, Saturn, Pontiac, Saab, Buick, even Cadillac, they're all using the same platform. GM can sell names, but not business units. All they can do is close them down.
#1353 of 3958
Re: what's missing here? [gagrice] by joel0622
Dec 08, 2008 (10:03 am)
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Replying to: gagrice (Dec 08, 2008 9:12 am)

 
Just out of curiosity, Why in the world would any one want to buy Jeep. We got out of that business when we stopped making the the Bronco II
 
Allot of people here talk about one auto maker buying another auto makers platform. Isn't to many products one of the things that has us in a mess now? I want to see Ford do away with the whole LM deal all together and concentrate on Ford.
 
Though I must admit that CTS is one sweet looking ride
#1354 of 3958
Re: what's missing here? [joel0622] by gagrice
Dec 08, 2008 (10:14 am)
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Replying to: joel0622 (Dec 08, 2008 10:03 am)

Why in the world would any one want to buy Jeep.
 
What does Ford have to compete with the Wrangler? By the way the Bronco II was a horrible POS. Unsafe at any speed. And not worth a hoot off road. Ford has never had a decent off road vehicle. Including the early Broncos. I loved my 84 Bronco. Yet it was not in a league with the Wrangler. The rest of Jeep line, Ford has covered fine.
 
Then again it may be too much of a hassle with Daimler still having a chunk. Maybe best to just let them liquidate with GM and get it over with. I am not a big Ford fan. But I think they have won the battle of the Big 3.
#1355 of 3958
Re: what's missing here? [gagrice] by lemko
Dec 08, 2008 (10:17 am)
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Replying to: gagrice (Dec 08, 2008 10:14 am)

When you say early Broncos, do you mean the classic 1960s Bronco as well? I was never too impressed with the early Bronco II. It looks like what you get when you try to turn a Fairmont wagon into an SUV.
#1356 of 3958
Re: what's missing here? [lemko] by gagrice
Dec 08, 2008 (10:25 am)
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Replying to: lemko (Dec 08, 2008 10:17 am)

do you mean the classic 1960s Bronco as well?
 
I was on a couple Tierra del Sol runs with a few late 1960s Broncos. They broke down a lot. They could not match up to Jeep or even my cheapo 1964 Toyota Land Cruiser. IH Scouts were the worst of the bunch. My neighbor has a 1970 Bronco he uses as his everyday driver. Just not off road.
#1357 of 3958
by anythngbutgm
Dec 08, 2008 (11:02 am)
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link title
 
"GM vehicle death list is complicated"
 
...But determining which vehicles will go isn't as simple as finding eight sales duds in GM's lineups. GM will kill more than eight vehicles -- while adding several others -- by 2012.
 
--- And in related news, Toyota, GM's arch-rival has announced it will match GM's spending and cost cuts by cutting it's own critical items such as double-ply toilet paper for the bathrooms (instead going to single-ply), and switching over coffee brands from DunkinDonuts to Maxwell House. Discontinued use of Poland Springs water coolers is under investigation as well...
#1358 of 3958
Re: [anythngbutgm] by kernick
Dec 08, 2008 (11:10 am)
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Replying to: anythngbutgm (Dec 08, 2008 11:02 am)

"GM vehicle death list is complicated"
 
I don't think they could make anything about their business more complicated. It's going to take the well-trained mind of DC bureaucrats to accomplish that.

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