Everything posted by gm4life
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well this made my night.
That made my week, just not night! The sad thing is the media gets it, and this is going to be so true. Thanks for sharing!
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GM plans to sell China built cars in US
I'll buy anything or would before GM took government money as long as it supported an American company. So bring us the Regal already.
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GM bankruptcy becoming more likely, CEO says
I am betting, no. :AH-HA_wink:
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GM bankruptcy becoming more likely, CEO says
This is the exact problem, GOVERNMENT should not pressure the bondholders and owners of GM to do anything. It is THEIR company. Do people realize how half-a$$ backwards this is? The GOVERNMENT telling private investors what to do? I mean, honestly how can you even begin to justify or understand this? That is not the role of GOVERNMENT, this is not a party issue but an issue of free market vs. socialism. I thought in this country we had a free market, ahhh maybe I am wrong? Then again I have seen lots of things under Bush and Obama both that have scared me, if this comes about like Chrysler getting strong-armed it will be another over stepping of GOVERNMENT. GM needs to take their company back, file a traditonal bankruptcy shed all the extra's big bonus payouts, union contracts and all and start fresh. It will be REALLY ugly but GM could very well have a chance again, I am nearly positive. The bondholders are the last hope and I hope they don't get strong armed by Uncle Sam, because that is not his job. Do people really understand the role of our government? Why do we think GM is too big to fail? This thought of letting the government push private investors around is scary. I know lots of liberals who think it is too, and agree GM needs to file for a traditional chapter 11. I know lots of republicans who think the exact same thing, and I know many American's who are sick of supporting GM and DO NOT want the government running them. $h!.
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GM bankruptcy becoming more likely, CEO says
Well if the government is the only way then GM might as well be screwed then. Honestly if GM can't fix the problems the old fashioned way outside of a pre-packaged chapter 11 they are more screwed than I thought. I know GM could, but government helping them out and giving the company to the Union and themselves IS NOT the way to go about it. Then they would have even more hoops to jump through and be forced to build exactly what the government wants, just watch. At that point I could very well be done with GM. The only hope for greatness this company has is a TRADITIONAL CHAPTER 11. It has worked for MANY other compaines and can work for GM.
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GM bankruptcy becoming more likely, CEO says
I always have put a portion of it on the UAW because they asked for much more than GM could give them. Then GM was stupid enough to actually do it, instead of remaing competitive on costs, like they should off. Honda, Toyota etc. come in and can make a decent product for less money and then GM builds a few "stinkers" and you get where GM is today.
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Rental Car Deal!
I CANNOT WAIT! Thanks!
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Rental Car Deal!
I know you like RWD! Please do post a few pics of her would yah?
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GM bankruptcy becoming more likely, CEO says
In good time and before they finish producing the 5th generation I will get an SS without a sunroof for sure and now weather it will be a stick or auto I am not sure. Same goes for the color I am waiting on the white and haven't made up my mind a 1SS or 2SS, no RS package for me though. Mine will have polished wheels for the record. If I don't get one like this my son will. So either way we end up with one in the family. I promised myself this and so did my son since we saw it.
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Rental Car Deal!
Can we have pics of it? Especially if it is a DTS, please!
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I'm in automotive hell
So would I, then again why do you think I have one? The Torrent has 13,500 on it and has had one little issue other than that it has run like a top.
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I'm in automotive hell
You might just get a 2.9L diesel V6 in the CTS Cubical, that migh happen and in the GC as well. As for the rest I highly doubt it.
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I'm in automotive hell
Well my Torrent gets 18 and it actually moves (enough guts for my wife). Wow that CRV should be seeing over 20 tho.
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Obama Halves Chrysler's Planned Marketing Budget
Christ I hope not, too much government will be in a traditional chapter 11 filing would make a bad situation even worse. They need to pay the tax payers back and start with a FRESH company and a clean slate!
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GM bankruptcy becoming more likely, CEO says
Sure some of the "old" GM will move on, but people have to be excited for the oppertunity that arises from that.
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GM bankruptcy becoming more likely, CEO says
Fact of the matter is the UAW is screwed anyway you look at it. GM CANNOT afford the wages of the (older) UAW workers and the legacy costs. GM CAN make a car in this country and make a profit, but the structure of the current set-up will not work. If they go the pre-packaged route GM really will loose hardly any costs at all, and will back in the same spot they are in now. GM needs to do the hard things NOW, and with the economy tanking and new car sales down it is the perfect time. GM also needs to tell the execs to get real with their perks and and pay too, because people watching a company get run into ground don't do any good. I will have hope for GM if the news I hear come June is good, and if they don't do what they need too do, they will die. The government and the UAW aren't going to save GM but a country ready to drive American again and investors that see hope and promise in what once was a great American company will. If I had no hope for GM or some sort of common sense solution with the debt holders/bond holders I would have left along time ago. GM's handling and the bond holders choice for what kind of bankruptcy they want could determine the ultimate fate of the company, and whether I countiune to buy GM products. (After the Camaro SS of course.)
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Anybody looking for some 1970's PILLARLESS STYLE???
50 miles from my house, don't give me any idea's.
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GM bankruptcy becoming more likely, CEO says
The traditional route will work mark my words, and it will be REALLY ugly, but the company that would emerge would be ready to be sucessful and have much reduced costs. If the bond holders dig in their heals and say "hell-no" to a pre-packaged deal they have ALOT of hope. If they take the government route I see nothing but the end, because with those kind of legacy costs per-car and high union wages (of older workers) it will run them into the ground again and again. Chapter 11 and a new company with no union is really GM's solution, also without big exec perks.
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Obama Halves Chrysler's Planned Marketing Budget
GM should run, and file chapter 11 no pre-packaged government control deal. The bond holders are the only hope left for the company.
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Who would buy the Chevy Volt?
+2, I even went to the website to look at it, but it is pricey.
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I shouldn't even be considering this...
Go for it, the 5spd. would have sold me.
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GM bankruptcy becoming more likely, CEO says
I like the CTS too, but if were going Caddy it would be a FWD luxo-barge that I always wanted a loaded DTS Platinum Performance in White Diamond!
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GM bankruptcy becoming more likely, CEO says
I'd like that alot, but would rather have a G8 GT/GXP or Camaro SS. I have seen them in the flesh once and loved it. If I were rich I would be buying Pontiac's up so fast it make your head spin.
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GM bankruptcy becoming more likely, CEO says
I agree it is going to be a mess. Government should take care of the things they need too, like the economy and such. Not fixing the auto industry! I am mad as hell too, lets hope for the best and hope GM can get the fresh start and have the freedom they deserve.
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GM bankruptcy becoming more likely, CEO says
Its about damn time. But this needs to be a TRADITIONAL bankruptcy not a pre-packaged deal. The only hope is the current bond holders tell the government to f***-off, and if they don't it will be a mess and I could be done with GM.