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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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Replying to: kernick (Nov 27, 2008 1:27 pm) Correction inserted in your prior post. They may offer more names but in fact they sell far less units. The public isn't fooled by the wordplay.
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Replying to: gagrice (Nov 27, 2008 7:20 pm) Opinion from the Brookings Institution via the WSJ: "In our judgment, based on experience elsewhere in American industry, the most constructive role the government can play at this point is to provide a short-term infusion of capital with strict repayment rules that will essentially require the auto makers to sell off their assets to other, successful companies. By establishing firm mileposts for asset divestitures from which the companies could repay government funds, taxpayers could be reasonably assured that their money is well spent." link - may be registration only |
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Replying to: kdhspyder (Nov 27, 2008 7:34 pm) If the buying public is just more comfortable with the Civic, that doesn't mean the G5 and Cobalt aren't 2 choices.
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Replying to: cooterbfd (Nov 27, 2008 7:43 pm) Problem with this is, 9 out of 10 times the consumer will pick the Civic over the G5 or Cobalt, because it's just a better car. So GM has to pay for two different designs, built on two different assembly lines, and sold at two different dealerships. After all this extra cost, the Civic still out-sells both of them combined, by a large margin. To top it all off, the Civic probably cost Honda less to build, and will sell at a higher price. It's the same problem with the Malibu/G6/Aura deal. Three different designs to compete with one Accord design, one Accord assembly line, and one dealership. GM has to stop all this rebadging.
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Replying to: cooterbfd (Nov 27, 2008 6:21 pm) http://www.jaia-jp.org/e/stat/annual_data/quantity_and_value.html In terms of volume, yes, VW is the Number 1 company, followed by the other two Germans (Mercedes and BMW). GM probably comes at Number 11 (below - horrors - Peugeot) http://www.jaia-jp.org/e/stat/quick_report/200810shamei_e.htm |
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| excellent point. Make the Malibu and sell it for 15.000 then see how well gm does | |
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Replying to: euphonium (Sep 12, 2008 11:26 am) So why did the UAW worker drive a Toyota or Volvo to work without any guilt?" This is always the argument with the people who don't like the fact that so many Americans buy "Asian" cars. Do you really think their cars would be selling so much better if they were as awful as GM's? Puhleeez, give me a break. GM has the nerve to whine and complain when everyone but them can see that they build an inferior product. It's built into their business model. Hello? It's called planned obselescence. That's pretty sad when you consider their business strategy hasn't changed since the the booming 1950s GM's problems reach far and wide beyond just the fact they build crappy cars and vehicles, many which have already been mentioned well here. I don't feel like repeating myself now... |
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Replying to: lemko (Sep 16, 2008 5:30 am) It'll be the end of my world! It doesn't matter how rich or successful I become if I can no longer purchase a new Cadillac or Buick! I'd sooner see the world burnt to cinders and the ashes flung into the void than live in a world without my beloved General Motors!" First of all, you don't have to worry, because while GM might complain about their dismal sales in America, in other countries, namely China, their auto sales thrive. They just need some serious downsizing which they refuse to do, because they're stubborn and arrogant. Frankly I don't care if they fail. My economy is fine. This is not an economy that is supposed to be financially rewarding business failure, and it never has been |
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Replying to: manegi (Nov 27, 2008 10:02 pm)
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Replying to: elroy5 (Nov 27, 2008 8:41 pm) In spite of all this, the consumer still has 7 choices between the 2 companies in those 2 model sizes to choose from. I'm sure all those $99/mo leases that I see Herb Chambers Honda offering have a lot to do with the Civic's sales, as well as it's reputation.
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