Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Automotive News & Views What if you were in charge of GM?
724 messages, Last post on Jul 04, 2009 at 7:22 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
|
Replying to: Mr_Shiftright (Dec 01, 2008 5:57 pm) You can lay that right on the backs of the hedge fund speculators like George Soros. He wanted to make W look bad and spent $millions to get his way. The Big 3 collapsing would be exactly what he would like to see. He and his ilk will come in and buy up the pieces for pennies on the dollar.
|
|
|
Replying to: dave8697 (Dec 01, 2008 5:08 pm) 2. Lobby... . . 13. Lobby... So in other words, your plan for GM is for them to keep doing what they've been doing all along? 
|
|
|
Replying to: dave8697 (Dec 01, 2008 5:08 pm) 10. lobby to get gov't to have all buyers of new foreign cars (defined by company ownership) audited. (includes leasing and rentals) 12. Get states to exempt D3 workers from state income tax, and collect that lost revenue from auto workers in foreign owned plants, equally divided among all of them. OK. I will jump in on this silliness. On #9, lobby Congress to pass law that all owners of GM branded vehicles in the U.S. have to pony up $1,000 each to buy defunct GM plants and real estate. Any excess funds would just be given to GM to do with as it sees fit. Let the supporters of GM support "their" company. Owners would be found by doing 50 State DOT data base search. GM could have TV commercials touting how the ordinary U.S. citizens are patriotic and are helping an American icon and institution. Wagoner would be the speaker and he would be standing in front of a Suburban and would have U.S. flags prominently displayed. Any bailout of GM by Congress should have conditions: On #12, require that State legislatures having GM plants to put on surcharge tax on difference in hourly wage of UAW worker and Honda/Toyota worker. If total package wage of U.S. GM worker is $73 and U.S. Toyota worker is $43, than a 20% surcharge tax should be levied on $30 and the surcharge receipts go to state education fund targetted at re-educating UAW workers. On #10, might as well add in anyone who buys "any" product not made in the U.S. Those buyers of American brand vehicles who have "foreign" brand TVs, VCRS, DVD recorders/players, computers, printers, other electronics, cameras, microwave ovens, etc., would also be auditted. |
|
|
"Porsche executives savaged rival carmakers yesterday for driving the industry to the brink of ruin and accused banks of forcing sound component supplier companies out of business." Porsche predicts hedge fund takeover of GM and/or Ford
|
|
|
|
|
Replying to: gagrice (Dec 01, 2008 8:20 pm) I certainly don't want taxpayer monies used to fatten up the automakers for hedge fund managers. I see where the Big Three are driving fuel-efficient cars to DC this time and leaving the jets behind. Close barn door, horse gone. |
|
|
|
|
Replying to: steve_ (Dec 02, 2008 8:49 am)
|
|
|
|
|
Replying to: nippononly (Dec 02, 2008 1:31 pm) Holy crap! 18 Billion! (quote) ""There isn't a Plan B," said Chief Operating Officer Fritz Henderson. "Absent support, frankly, the company just can't fund its operations." He said GM would need $10 billion to $12 billion by late March"
|
|
|
Replying to: Mr_Shiftright (Dec 02, 2008 4:40 pm) Then, after much talk to the contrary, their only elimination of brands is to try and sell Saab (who is buying?), well or kill Saturn (getting warmer) and make Pontiac a niche brand. Pardon me for saying so but hasn't the market already done that? If Pontiac is a niche brand what the heck is Buick with three models? I'm getting confused... 
|
|
|
Replying to: fezo (Dec 02, 2008 5:06 pm) |
|
|
Replying to: fezo (Dec 02, 2008 5:06 pm) Not needed: any brand not named Chevy or Cadillac. When are they going to get this? Note that car company with the blue oval logo, which only has three core brands plus a Swede, and is doing mucho better than General Morons right now, with 6 brands plus a Swede? And that particular Swede sells nothing unique, so it's really 7? I guess I'd do nothing if I were in charge of GM...apparently I don't meet the job requirements: my IQ is higher than 5.
|
|
You are here:
Forums
Automotive News & Views What if you were in charge of GM?
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
