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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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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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Replying to: cooterbfd (Nov 28, 2008 3:44 am) The question is? Can GM offer the same $99 lease on a Cobalt and not lose their shorts when the 3 year lease is up?
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Nov Auto Sales likely up from Oct Nissan back in at Chicago Auto Show |
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Replying to: gagrice (Nov 28, 2008 5:54 am)
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Replying to: cooterbfd (Nov 28, 2008 10:09 am)
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Replying to: gagrice (Nov 28, 2008 10:25 am)
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The Koreans and Japanese have been helping their auto industry for years with favorable taxes, loans and other government programs. U.S. automakers do not enjoy the same level playing field in Korea as the Koreans enjoy in the U.S. I fully believe the U.S. government should give the big 3 the money they need. However there should be stipulations. Invest the money into re-tooling plants here in the U.S., invest in new drive train technologies. Build the next generation of automobiles here in the U.S. Start a new revolution in car building and technologies.
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Replying to: cooterbfd (Nov 28, 2008 10:35 am) |
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Replying to: tlong (Nov 27, 2008 1:34 pm)
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Replying to: scape2 (Nov 28, 2008 10:59 am) One revolution would be to manufacture efficiently. The Detroit 3 have been hobbled by UAW requirements for job banks and work rules. The loan should require that these change in a big way. I recall that the jobs bank was created as a by-product of GMs move to robots. We can't get more efficient when we pay people to do nothing.
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