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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
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Just got the early edition of the Fort Worth Star-Telegram and Ed's Column is titled "The Bailout". Not available yet on the paper's website (maybe tomorrow) so the following link is for the last column, which was also linked in a Hummer post. "It's Hammer Time" http://www.star-telegram.com/ed_wallace/story/1040507.html
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Replying to: tired_old_dave (Nov 22, 2008 8:23 pm) Hammer This habit of misinforming us is hardly new. Early this year, all of the so-called experts were being quoted daily saying that the primary cause justifying crude’s ever-higher prices was oil supply problems. But that just didn’t align with facts that anyone could easily find: Oil was plentiful – while demand was falling worldwide. I don't agree with all he says. He does point out some interesting facts that are left out of mainstream reporting. |
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Replying to: tired_old_dave (Nov 22, 2008 11:39 am) My very first job out of college (going back 20+ years) was doing computer programming for the local Fisher Body plant. Pretty rudimentary stuff compared to the sophistication of robotic car building today. Anyway, we stamped and formed body panels and "T-tops" for the then Monte Carlo, Grand Prix, Camaro/Firebird, and made sunroofs for Cadillacs...as well as sundry little connectors and pieces to bolt the panels to the frames. All those panels were then shipped about 20 minutes away to an assembly plant, which turned out finished Camaros and Firebirds (and to other assembly plants for Montes/Grand Prix and Cadillacs). Those plants are long gone. The idea of quality "Body by Fisher" lost its luster. They're little more than a memory, now.
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Replying to: graphicguy (Nov 23, 2008 7:30 am)
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Ed has the link on his website for today's Star-Telegram column. Just click on the logo on the right side bar. http://www.insideautomotive.com/ |
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Replying to: tired_old_dave (Nov 23, 2008 9:04 am) "President-elect Barack Obama's advisers said Sunday automakers must convince Congress that they have a plan to return to profitability before they can get $25 billion in emergency bridge loans -- and that they should fly commercial." Detroit News
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Replying to: steve_ (Nov 23, 2008 9:41 am) Even though a blue person in a not so red state anymore, would love to have been a fly on the wall in that white house meeting. And red blue doesn't really matter. Leger demaine? the path has been shown. First George I and then the British PM, new world order, and the PM wanted the middle east and china to pay for our part. Will we get one amero for one or three or five or more greenbacks. An earlier post used the word "serf" pretty much nailed it. I still believe it is all about submission. Keep a jet plane but don't fly on a little plane-important people have had accidents.
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Replying to: tired_old_dave (Nov 23, 2008 10:17 am)
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Replying to: fezo (Nov 23, 2008 10:29 am) Hmmm, the parts are the same, it's just the sheet metal and badging that are different? So why should someone pay more for a Buick than a Chevy?
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Replying to: rangerover2 (Nov 22, 2008 6:58 pm) If I was saying that, certainly I would be wrong. So you need to read my post again - what I said was "parts of the US economy cannot compete". US does very well where it is competitive. The Japanese model has its own set of problems, and therefore Japan does not have a Google or Microsoft (areas where US is the most competitive country in the world). Also US consistently takes the top spot in coming up with new technologies and business models, and is a magnet for top talent from all over the world - something other countries have failed to do (perhaps due to their relatively "closed" nature). But you seem to believe that the US should be number one in all respects. Which is not possible. Each country chooses a particular way to compete, and depending on what strategy it chooses, it succeeds in some areas, and fails in others. You don't hear the successful US manufacturers (some of them listed in another post - to that list I would also add names like Intel and Coca Cola) complain about the "uneven playing field" since they know that they can utilize that field to their benefit. My point was, US cannot be No. 1 across the board simply because other countries have strengths which they have found out after they were forced to compete in the open market (in many cases, by the US). That resulted in a lot of initial pain at their end (Japan has lost all its textile, toy, light engineering, and agricultural industry in the last twenty years; Indian local soft drink industry has been run over by Coke and Pepsi), but now they cannot understand why US would insist on changing the rules of the game when such failure arrives at their shores. PS : Toyota is having bigger layoffs in Japan - and not the US. Certainly they are not trying to give the local Japanese any preferential treatment..... |
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