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    GM Files for Bankruptcy


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    Re: GM Files for Bankruptcy

    Tahoes on Sale from Govt Motors. 60% owned by us - can we get an employees discount?


    Let my Fred's Posse Ride: Georges, 3sus, Hallice, Deonte, Dustin, Abdel, Monte, Matt, and McKaT.

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    Re: GM Files for Bankruptcy

    620k workers shrunk now to 120k workers.
    MarketWatch.com Story


    Let my Fred's Posse Ride: Georges, 3sus, Hallice, Deonte, Dustin, Abdel, Monte, Matt, and McKaT.

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    Re: GM Files for Bankruptcy

    I thought all that bailout money was needed to prevent all those job losses?


    They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Benjamin Franklin 1775

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    Re: GM Files for Bankruptcy

    It takes more than $50B to save jobs above 120k. These are sweet, high paying jobs with big bennies that auto union needs to keep their members in line.


    Let my Fred's Posse Ride: Georges, 3sus, Hallice, Deonte, Dustin, Abdel, Monte, Matt, and McKaT.

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    Re: GM Files for Bankruptcy

    Quote Originally Posted by Wesley View Post
    Tahoes on Sale from Govt Motors. 60% owned by us - can we get an employees discount?
    Yes. I expect to get the employee discount on my new Camaro.



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    Re: GM Files for Bankruptcy

    I'm calling them Government Motors now...

    I found it a little interesting watching them interview the Union boss this morning. He was talking about how they need to build small cars and that's what Americans are going to buy.

    I question that premise and wonder if they or the government has done any market research. I maintain most Americans prefer good space and mileage combinations and that given a choice, they'll tend to buy a Toyota Avalon size car over a Toyota Corolla.



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    Re: GM Files for Bankruptcy

    Quote Originally Posted by Bobber View Post
    I'm calling them Government Motors now...

    I found it a little interesting watching them interview the Union boss this morning. He was talking about how they need to build small cars and that's what Americans are going to buy.

    I question that premise and wonder if they or the government has done any market research. I maintain most Americans prefer good space and mileage combinations and that given a choice, they'll tend to buy a Toyota Avalon size car over a Toyota Corolla.
    I agree, especially in the middle of the country, not so much on each of the coasts. East and West coasts seem to prefer the smaller cars IMHO.



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    Re: GM Files for Bankruptcy

    Bottom line is that America wants a quality car, big or small. The reason that GM and Chrysler are failing is that the quality of the automobiles cannot compete with the competition.



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    Re: GM Files for Bankruptcy

    Quote Originally Posted by djcubby View Post
    Bottom line is that America wants a quality car, big or small. The reason that GM and Chrysler are failing is that the quality of the automobiles cannot compete with the competition.
    DING DING DING!!! This is very true.



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    Re: GM Files for Bankruptcy

    Quote Originally Posted by Bobber View Post
    I'm calling them Government Motors now...

    I found it a little interesting watching them interview the Union boss this morning. He was talking about how they need to build small cars and that's what Americans are going to buy.
    Are we going to be allowed to buy anything else?



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    Re: GM Files for Bankruptcy

    Quote Originally Posted by djcubby View Post
    Bottom line is that America wants a quality car, big or small. The reason that GM and Chrysler are failing is that the quality of the automobiles cannot compete with the competition.
    Pure truth. I had a new 2001 Toyota Tacoma-put 88k miles on it. ZERO problems at all. And the Toyota was also built in America.

    Traded it in for a new 2006 Chevy Trailblazer and it has been nothing but problems, many different and expensive repairs, not just one area. 72k miles as of now.

    I gave Chevy a chance and at a good price tag, and it'll be tough to consider it again vs. the competition.



  13. #13
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    Re: GM Files for Bankruptcy

    Quote Originally Posted by Cyclonepride View Post
    Are we going to be allowed to buy anything else?
    Just a friendly reminder to keep politics out of this thread, lest it will get moved to the cave. This includes "fishing expeidtions" attempting to get a response, as well as overt political talk.


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  14. #14
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    Re: GM Files for Bankruptcy

    This company is OWNED by the government\politicians... might as well move it to the cave now.



  15. #15
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    Re: GM Files for Bankruptcy

    This makes me wonder how the government will treat Ford now. If Ford's market share goes up, I imagine the government will try to undermine them because it will cost GM and Chrysler their market share. Especially if they continue to push the tiny green cars. Who do you think will get bigger and better tax incentives, help promoting sales, and policy choices that favor vehicles produced by GM and Chysler. If Ford doesn't get in line an produce the vehicles the government wants them to the government will make them suffer. Hope I'm wrong, but I don't think so.



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