Ghost Dog

One post to the tune of song from the wizard of Oz. Probabley forever changed my participation on the board.

Tru-Flex is where things are going. http://www.autofieldguide.com/articles/030401.html But even so, it's limited by parts and component availability. While a Vehicle in Digital could in some ways be built at any Tru-Flex plant.(In theory) the parts and components may not be readily available.

So what happens if they throw a party and nobody comes.

Hmm the numbers After Tax that I mentioned were wrong. 21 K Some Local Reaction. http://www.buffalonews.com/editorial/20060323/1030897.asp

I'm hearing complaints today that after tax the 35k equals 14k. Any chance they could stick the 35k in an IRA pre tax?

Heavy lifting remains in Delphi-UAW talks http://today.reuters.com/investing/finance...ELPHI-LABOR.XML

Local reaction here seems positive. They had coverage from the Powertrain Plant, and Delphi in Lockport on the news. Those they talked to seemed happy.

Hmm Delphi 33k Employees 13 k Eligible for Buyout 5 K Flowback Delphi Gets its workforce Cut by more then Half. Well we'll see what the people choose. Still a chance it can Go bad. The Terms of Employment of the 15k remaining still seems up in the air.

When a Corporation has to Resort to "Agressive Accounting" To create the Mirage that the Company is doing well, thats Bad Management. The Aggressive accounting the Big Dividends. Its Been all about Illusion at Gm. Instead of Business. If GM had been using conservative accounting. Banking money for thier liabilities.Holding back Dividends. Not throwing money down the drain with offshore investment,Fiat Saab,........ The Company would be much better off.

MAGNIFICENT!!!!!!!

I'm not talking about a bailout. More a Nationalization. And yes I'll take the Feds .

I myself think the Government should step in and Take over GM. I think the FASB should set forth stringent Straight arrow accounting guidelines specifically for GM. And I think the PBGC should have Full authority over all GM transactions. I think GM has been so mismanaged that nothing short of a Government take over will " Set Things Right "

Howes of the Detroit News thinks its going nuclear. http://www.detnews.com/apps/pbcs.dll/artic...190373/1148/BIZ I Guarantee they walk. As soon as word comes down.

Philosophically: Why would anyone Take Early retirement, when the Pension is underfunded by anywhere fron 30 to 60 Billion Dollars?

Unless GM Divests Globally and returns the Capital to the U.S. operations its over. GM Ceases to Exist.

The Bad news is'nt over yet.

http://www.autonews.com/apps/pbcs.dll/arti...ct=newsletter08

Its just Silly. Who Buys GM vehicles. Fleets , Employees, Retirees thier families, and a very Few General public. The anger that would erupt among all those loyal GM Buyers longterm would take a generation and a half before bygones would be bygones. Short Term no one would buy from an automaker in Bancruptcy. America would Simply wholely Embrace Toyota. GM vehicles would be a Periah on the sales Floor. And on top of it GMs debts and liabilities are so massive. Restructuring would be out of the Question. If GM goes Bancrupt. Its an Auction.

Yeah. There a lot of Changes coming.

Not really valid. The Aura is Bigger with a longer WB then Vectra.

Thats Laughable. You know the only way down that road is nuclear. GM would be left a parceled off bit player. GMAP would be taken over by SAIC entirely. GMNA would cease to Exist. GME would be propped up by the local governments short term. GM South America/ Africa would be sold off. There's no Surving the Nuclear option for GM.

My Guesse They are Either a Variation of the HF engines. A diesel Variant was talked about as a possibilty early on. Or they are Variants of the GM-Isuzu 3.0 litre V6.

It allows 4 wheel and All Wheel drive Vehicles to get 2 wheel drive fuel economy. Thus an AWD Zeta can appeal to a traditional FWD driver. I Hope these engines get built here.

http://today.reuters.com/news/articlebusin...eid=&cap=&sz=13

I think GM may be be doing a lot more restating of Earnings. The Creativity of the Wagoner era may be catching up with them.