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Automotive News & Views Do You Favor A Government Loan To The Detroit 3?
3958 messages, Last post on Oct 02, 2009 at 4:52 PM
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Replying to: dtownfb (Dec 12, 2008 12:18 pm) Don't forget, the Asians, led by Subaru, used the loophole in the CAFE standards to declare their car based wagons as light duty trucks, thereby allowing them to guzzle a little more gas and not ruin their CAFE mileage on their cars.
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Replying to: chikoo (Dec 12, 2008 1:23 pm) 'cause either way you are going to go to jail. Nah, the guys that steal billions still get to run the companies they stole from. The jerk who robs a bank goes to jail. |
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Replying to: dtownfb (Dec 12, 2008 12:29 pm) I've wondered how it would work if the Gov't stepped in and negotiated a deal w/ their creditors (who already have billions of our money) that would have the US back the B3's debt in full, give them 24 months to start paying, in return for say a 5 or 10% stake in the company. This way, the B3 get 24 months of debt relief, creditors are guaranteed the money, the Gov't gets millions of shares in the companies to sell, yet NO MONEY ACTUALLY CHANGES HANDS right now. |
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Replying to: motorcity6 (Dec 12, 2008 11:28 am) I don't think its Republicans versus Democrats or conservatives versus liberals. Its really about a block of southern senators wanting D3 to fail so that there will be more business for the transplants located in their states. More transplants mean more southern jobs and tax revenues. I expect the northern senators will remember this. The south has way more per capita government monies than the north. Maybe we'll see some military or NASA location transfers down the road? In Washington, you don't get mad, you get even! I wonder if D3 survive if down the road things like the Bowling Green Corvette plant and Louisville Ford plant will have their work moved elsewhere? I expect there will eventually be payback.
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Replying to: cooterbfd (Dec 12, 2008 1:45 pm) And I always thought Europe was the leader in emission standards. Maybe the safety standards?
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Replying to: chikoo (Dec 12, 2008 2:29 pm) Here's one link, but maybe someone has one that's easier to decipher. |
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Replying to: chikoo (Dec 12, 2008 2:29 pm) Which brings me to another question. If the Volt uses a "generator" to recharge the batteries that power the electric motors that actually DRIVE the car, then does the engine in the Volt have to meet US motor vehicle emissions standards, or standards for an auxilliary generator engine, which would be much less strict, if they even exist. |
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Replying to: bpizzuti (Dec 12, 2008 12:46 pm) And as you say when comparing equal vehicles on a level playing field such as small autos or midsized autos the D3 as a group don't compete very well. CAFE or no CAFE. Now legacy costs are a different story and those do make the D3 less competitive. But they brought those costs on themselves by being weak negotiators vs the UAW, |
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You'll probably think I need a checkup from the neck up for saying this, but I, ummm, kind of like that yellow Aztek shown in message #1499. To qualify what I mean by "like" here, I think it's interesting, in a similar way that, say, a Pacer is interesting. Now, I'd only express that view about the more recent Azteks, without the side cladding, because those with the cladding look absolutely hideous.
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Replying to: cooterbfd (Dec 12, 2008 1:45 pm) If you were going to invest billions in designing a new car, why wouldn't you add the relatively small amount to make it available in as many markets as possible? Like Fit, Yaris, Versa, for example. |
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