Good bye GM

Old Oct 9, 2008 | 03:59 PM
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Good bye GM

http://www.guardian.co.uk/business/feedarticle/7847455
Old Oct 9, 2008 | 03:59 PM
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i dont think they will disapear
Old Oct 9, 2008 | 04:02 PM
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me either. I think they will start making tv's or something. Gm has had a hard time the last few years. maybe they will rebound. they wont be the same again for a long time though if they do.
Old Oct 9, 2008 | 04:04 PM
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Ford too?

http://www.guardian.co.uk/business/2...ralmotors-ford
Old Oct 9, 2008 | 04:11 PM
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Originally Posted by Irish_car_B0mb
me either. I think they will start making tv's or something. Gm has had a hard time the last few years. maybe they will rebound. they wont be the same again for a long time though if they do.
agreed they made alot of dumb moves

ford is a bit better but still dumb tehy should have had some euro spec deisel or small car stuff on the way when the prius was doing well
Old Oct 9, 2008 | 04:13 PM
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Old Oct 9, 2008 | 04:16 PM
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they should have held on to subaru
Old Oct 9, 2008 | 04:29 PM
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us car makers have been in the dumps for a long time, no news there.
Old Oct 9, 2008 | 04:34 PM
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Kool... gm will have corvettes on fire sale.. Do I hear $5 ???

Ford could save they asses by bring the euro/aus spec cars to the U.S.

Its not about smog anymore. Euro 3 smog laws are tougher then cali...
Old Oct 9, 2008 | 04:35 PM
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Problem is this... foreign cars are better values.


period.


If ford and GM want to rebound then they need to make better cars. There is no reason to get all excited because you're economy car gets 30mpg. Sorry but cars have been able to do that for 50 years.

GM sunk too much money into flex fuel. They should have sunk money in to making a regular car that gets 40mpg. No an overpriced hybrid. Just an economy car that gets gas mileage that should be EXPECTED out of economy cars in 2008. Hell we should have no problems getting 45mpg out of economy cars like civics with 200hp. NO PROBLEMS.

release a civic like car that's not a POS that gets 45mpg and costs less than $22,000 and walla. GM is back.

If 1997 civic HX's could get 50mpg why can't one in 2008?
Old Oct 9, 2008 | 04:37 PM
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This sucks. I hope GM finds a way to come back sans my tax dollars.
Old Oct 9, 2008 | 04:40 PM
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Originally Posted by OneManArmy
Problem is this... foreign cars are better values.


period.


If ford and GM want to rebound then they need to make better cars. There is no reason to get all excited because you're economy car gets 30mpg. Sorry but cars have been able to do that for 50 years.

GM sunk too much money into flex fuel. They should have sunk money in to making a regular car that gets 40mpg. No an overpriced hybrid. Just an economy car that gets gas mileage that should be EXPECTED out of economy cars in 2008. Hell we should have no problems getting 45mpg out of economy cars like civics with 200hp. NO PROBLEMS.

release a civic like car that's not a POS that gets 45mpg and costs less than $22,000 and walla. GM is back.

If 1997 civic HX's could get 50mpg why can't one in 2008?
They been catering to the fat americans.... That was a super good idea..
Old Oct 9, 2008 | 04:43 PM
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Originally Posted by I<3subie
Kool... gm will have corvettes on fire sale.. Do I hear $5 ???

Ford could save they asses by bring the euro/aus spec cars to the U.S.

Its not about smog anymore. Euro 3 smog laws are tougher then cali...
Problem is that the health of a company is based off of the stock market and the only way to keep stocks going up is to show CONSTANT huge profits.

I think its all horse ****. Sorry but it is. You show a certain amount of profit and your stocks go up even if that profit was made by laying of 20% of your work force or sending 50,000 jobs to india. You show smaller profits than PROJECTED and you tank. Investers pull out stocks go down. Business considered terrible. Even if you're selling what you make.


Bottom line. Economy is taking a ****. The last thing people that are effected by this economical shift are gonna want to spend money on is car payments. What kind of cars are middle class (those effected) and lower class purchasing if they can even purchase new/semi-new cars... fords and chevys. The upper class isn't being effected as much and therefore their auto selections won't be effected as much. So on paper bmw and similar companies are doing just fine and the lower GM/Ford are not. Even though in total numbers they're doing just fine.

its just projections have slowed and stocks fall.

I hate the stock market. All projection based.


seems to me that if you keep the doors open. Keep people employed and make money then who cares if profits are 10 million or 40 million.
Old Oct 9, 2008 | 05:16 PM
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but they make the c6 zo6! and some sexy trucks. I think everyone is in hard time right now. In the end we hope everything will be ok.
Old Oct 9, 2008 | 05:58 PM
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I am not sure which of the Big 3 US car companies this is applicable, but I clearly remember reading a business article where someone in the top management presented/considered a business plan to have an SUV/crossover based only line up (during the happy days) and cutting out the regular car segment to pay for such brilliance...I wish they did do it, so they could have made their pain quick and easy...I have been trying to find that article, but its been a while since I read it...

Last edited by LxJLthr; Oct 9, 2008 at 06:01 PM.

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