Uh ...Yeh...as well as Ford But remember...BUY AMERICAN

After we outsource all the manufacturing jobs in this country....who will buy the cars

 

GM has too many lines which creates a lot of duplication, costs and inefficiencies. The union situation doesn't help either from what I hear but don't know too much about .... They will get it sorted out ..

Tino

 

No reasonable, rational, thinking person could interpret his post to meant that "people who make Corvettes should not be able to afford them". Not only can that sentiment not be derived from the plain text of his post, it cannot fairly be inferred. Ridiculous.

 

They could cut their fleet to 5. The Corvette, Silverado, Cobalt, Trailblazer, and bring back the Camaro... Who needs all that other stuff?

 

Given the direction our own economy's going, there will be no way to stop the influx of reverse engineered, Chinese built, very cheap lookalike cars. Since the American consumer will always buy the lowest bid regardless, the only way to stop it would be trade restrictions. Not too sure how well that would go over on the global trade front.

Oh well, we already buy everything else from China, might as well be cars too.

Time for a North American Union of Canada U.S. and Mexico? We could use the Peso as currency.

 

Just remember, if GM goes out of business, it will take decades for the US economy to recover. In addition, if GM goes, Ford won't be far off.
Right now, GM is sitting on over 23 billion in cash reserves, but if the general does not turn around, these reserves will decrease rapidly. There are many things that the general can change to increase their profits, but will they make these changes.
GM needs new strategy, there is no way that all divisions (leave out Cadillac) need all the same products. Why does Pontiac require a mini-van, min-vans should be for Saturn and Chevrolet. Small cars should be Saturn and Chevrolet, performance cars should be Chevrolet and Pontiac (Pontiac getting the larger performance Sedans like in the old days). Buick gets the mid- to large-size luxury vehicles that run 20K less than Caddys. Cadillac should remain as the high-end luxury car market, and they are doing a very good job at it right now; except for the XLR.
Keep Chevy trucks and GMC, many truck people are in love with one of those emblems. The cost to engineer these two different truck lines is minimal, changes in front and rear and interior is minor; engines/trans are the same.
GM will have to confront the union and permanently close some plants, their market share will drop, and GM should realize this and focus on keeping about 20-25 percent of the market share and close plants that are not productive or are too old.
GMAC will not be the golden goose in the future, they have too many outstanding home loans that will cause problems as the economy heads downward. In addition as the interest rate rises, so does mortgage rates, and they have tons of fixed rate loans at low fixed rates. This will cause their profits to drop over the years.

 

GM is loosing market share because the "Bean Counters" are running the show. I have used Chev & GMC pickups in my business for quite a while now, and I have watched the quality of things like the materials used in the interiors drop every year. My 03 GMC truck has fading carpet color, a steering wheel that is loosing its finish, a transmission that has a 1st to 2nd. shift that will give you whiplash for the first few miles in the morning. My dealer doesnt seem to think it has a problem. As for me, I think I'm ready to return to Toyota. Those are some of the reasons I feel GM is loosing ground. I must say though, so far, my 04 Corvette has been trouble free. I'm hoping it was designed and built to a better standard.

 

DONT worry about junk bond status
it doesnt mean they are junk
it means the return is high

the unions have had a strangle hold on the auto industry forever

but last i heard the situation is improving
the cost of retirement per car sold is on the decline which should help

I think chevy has the right idea
they made 1 really really good powerplant and stuck it in every damn car they could fit it in

the daewoo purchase was a great idea
the chevy aveo is just hte leganza rebadged

noone would buy daewoo cause the name was wierd but people will buy a 9k new chevy
geo comes to mind

fixed morgage rates are not anything o worry about
im trying to remeber the terminology so i can sound intelligent but its just not coming to me
anyway for every fixedrate loan they take on they mitigate the risk with an equal and opposite loan
i believe this is called GAP analysis

also gmac is able to borrow large blocks or money at interest rates that are rediculously low and i dont mean like wow i can borrow at 4 % low i mean like inflation plus 20 basis points

dont hit the panic button
gm isnt going anywhere