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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
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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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We have been ripped off by overpaid line works which gave the excuse for extremely overpaid managers and executives. This while providing antique overpriced cars. I say it would be the best thing for the US and the world to let these thieves slink into the night. In addition, anyone who has tried to purchase a Luxury/Performance car recently knows that the dealers are ripping off the consumers more than they ever have. They pat themselves on the back for providing the least amount of community support possible with the profits they have TAKEN from the community. Mostly, it's playing Golf and having coctail parties for themselves. KBB, Edmunds, no longer matter, because they are fair to the consumer. Auto dealers can't have that, so they have made up this "call around" system. What thieves! I say let them get something more useful then they have provided us. A big refrigerator box for severance! |
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Replying to: steve_ (Nov 23, 2008 12:41 pm) I was wondering the same thing about a Camry and an ES.
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Replying to: cooterbfd (Nov 23, 2008 1:22 pm) All the GM brands I can sort of understand. They purchased some good brands as the industry consolidated. But then they wound up homogenizing them. Honda/Acura, VW/Porsche, Nissan/Infiniti - every time I see one of the premium brands, I have to wonder if there's really any special engineering or higher quality components to justify the premium cost or is it all just window dressing. Lattes in the service department don't excite me, although a loaner is nice. And there underlies the argument for letting GM reorganize so they can dump brands and dealers instead of financing more of the same on taxpayer dollars.
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