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What if you were in charge of GM?

874 messages,  Last post on Oct 28, 2009 at 10:20 AM

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#722 of 874 Re: question for the group [Mr_Shiftright] by fezo Jul 03, 2009 (7:20 am)
Replying to: Mr_Shiftright (Jul 02, 2009 6:57 pm) HA! A friend of mine is Sicilian and Neapolitan. Yep.   I'm Neapolitan and a bunch of mixed northern European bits (English, Irish, German, Dutch that I know of). Entirely different.   My wife's folks were Irish Catholics from Philadelphia. Her mom was from South Philly and her dad from West Philly. That, too, was something of a mixed marriage.
#723 of 874 Re: BUILD IN AMERICA, SELL AT REASONABLE PRICES [cooterbfd] by fintail Jul 03, 2009 (8:02 am)
Replying to: cooterbfd (Jul 03, 2009 7:16 am) I was comparing 36 month leases with 60 month payments on the new E-class...payments were almost identical. Maybe they aren't subsidized as much as in the past. Replies to this message: blckislandguy (Jul 04, 2009 6:22 pm)
#724 of 874 Re: BUILD IN AMERICA, SELL AT REASONABLE PRICES [fintail] by blckislandguy Jul 04, 2009 (6:22 pm)
Replying to: fintail (Jul 03, 2009 8:02 am) This is simply a buyer vs. renter scenario linked to who gets to hold the risk. Clearly MB wants to incentivize people to buy not rent. There are several things at work here: MBUSA doesn't want to get stuck with the ticking time bomb of overestimating the residual values, interest rates in general are very low, and any car lease is a bet not only on the value of the car in three years but also macro-economic conditions. All factors combine to have MBUSA offerring low interest (ie., 1.9% up to 36 mos; 2.9% for 60 mos) on loans.   The advantage to the buyer is that at the end of 60 months after paying for roughly 100% of the MSRP, assuming we don't have a gas crisis or an economic meltdown he can dump the 5 year old E Class for maybe 25% of the MSRP and put that 17K or so in his pocket. Not bad. The renter (AKA , the lessor) after paying for 50% of the MSRP in his 36 month lease walks away and gets to pocket nothing. He was able to have MB pick up all the risk, though. Because of that MBUSA is going to make him pay a premium. As with houses, usually but not always, in the long run buyers do better than renters.
#725 of 874 Re: Lets Answer the Question, Not Discuss Tranny Speeds [blckislandguy] by steve_ HOST Jul 14, 2009 (4:12 pm)
Replying to: blckislandguy (Jun 26, 2009 5:03 pm) Rick Wagoner is the son of an upper middle ... it all begins with leadership. Without that what do you have?   About $10 million.   Former GM CEO Rick Wagoner Gets $10M Retirement Package (Fox News) Replies to this message: fintail (Jul 14, 2009 4:47 pm)
#726 of 874 Re: Lets Answer the Question, Not Discuss Tranny Speeds [steve_] by fintail Jul 14, 2009 (4:47 pm)
Replying to: steve_ (Jul 14, 2009 4:12 pm) It's like winning the lottery without ever buying a ticket. American executive compensation standards and justifications are disgusting.
#727 of 874 Re: Pricing [canadiantoyota] by nvbanker Jul 15, 2009 (9:38 am)
Replying to: canadiantoyota (Jul 01, 2009 4:04 am) As for GM, if I was in charge, I would shut it down now and save taxpayers in many countries the pain of watching all their tax dollars being wasted on stupidity.   I agree with you to this extent - if they're not DEAD ASS SERIOUS about it, and you can tell they are not, they should shut the doors forever. If they were serious, there would only be two brands, Cadillac and Chevrolet, everything else would be shuttered, and I mean NOW, not phased out by the end of 2010 like Pontiac! They won't even make it until the end of 2010 if they don't get serious now.   Cut our losses, and let's quit. Let Ford be the North American Car Company. Replies to this message: joe0302 (Jul 26, 2009 10:38 am)
#728 of 874 Saw an article today... by michaell Jul 15, 2009 (10:51 am)
...that stated that GM will be spending more on promoting the 2010 LaCrosse in the next 6 months than they spent on the entire Buick brand for all of 2008.   With less brands comes more money per brand - marketing, product development, etc.   We'll see.
#729 of 874 now you can tell him by steve_ HOST Jul 21, 2009 (12:44 pm)
GM Launches 'Tell Fritz' Web Site (Edmunds Daily)   Check out the comments there from the GM social media communications director.   (That's a static pic - here's the link to the real thing) Replies to this message: bpizzuti (Jul 22, 2009 5:43 am)
#730 of 874 Re: now you can tell him [steve_] by bpizzuti Jul 22, 2009 (5:43 am)
Replying to: steve_ (Jul 21, 2009 12:44 pm) That could really backfire on them, haha.   I'm gonna go tell them that they just lost a sale because Cobalt and Aveo are junk.
#731 of 874 Re: Pricing [nvbanker] by joe0302 Jul 26, 2009 (10:38 am)
Replying to: nvbanker (Jul 15, 2009 9:38 am) I see Ford as having a better vision and knowing what the average American wants.        Also, Ford I think posted a profit little as it was. It could be a sign.                       Alot of people are waiting on their Fiesta to debut in America. I believe it will be a best seller as long as they don't dumb it down too much.

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