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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
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It's sort of like a death watch. Major news that 6 months ago would have gotten us all riled up is just routine now. We're all waiting to see what happens.
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Replying to: tlong (Mar 05, 2009 8:42 am) A sudden death is a big loss. A bed ridden death appears generally to be good riddance from all troubles. |
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That report from the GM auditors says that GM is "highly dependent on auto sales volume" Wow... I never would have realized that an automaker would be dependent on auto sales volume.
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Replying to: pf_flyer (Mar 05, 2009 12:32 pm) Regards, OW |
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Replying to: pf_flyer (Mar 05, 2009 12:32 pm) No kidding, Captain Obvious!
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Just maybe Detroit should get a meeting with Kia to see what they're doing since 2009 sales for Kia have been a Pleasant Surprise Size would seem to be a big factor. GM is simply going to have to be scaled back to match production with demand. How that happens is the multi-billion dollar question.
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Replying to: lemko (Mar 05, 2009 1:09 pm) |
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Replying to: circlew (Mar 05, 2009 3:46 am) Not that it's a GOOD thing, either........
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Replying to: cooterbfd (Mar 05, 2009 2:28 pm) At the end of the day, however, it is what it is. They need to be cut in less than half....now. Regards, OW |
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Replying to: circlew (Mar 05, 2009 2:41 pm) This would allow the D3 to prove their worthiness by building better products like the Fusion, Lacrosse, and whatever Chrysler could come up with. If they can't, and still go belly up, then the pieces get sold off and the government can recoup some of their loss by selling the proporties and intellectual rights to others.
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