and the people that buy them want to believe it. 
GMs future
Melting Slicks
Joined: Jun 2004
Posts: 2,558
Likes: 0
From: rochester n y
Originally Posted by love my car
We all SHOLD be worried when most folks here buy japanese luxury cars instead of the cadillac.Now i know they make fine cars and alot of them are built here but the fact is i COULD NEVER have a lexus or any other import in my driveway. 
This starts right at the school level. The teachers at where I drop my grade and high school children off all drive foreign cars, I counted today all the cars in the teachers parking lot, 6 out of 10 was a foreign brand WTF ??? American economics are not being taught in school nowadays. If someone takes (steals money)from your family (America) and laughing because the police(US Goverment) wouldn't do nothing.......what's wrong then ??? My .02 and I don't care what criticism I hear about American Cars or the workers. I will cotinue to support my Country, and buy only AMERICAN cars.Save the Wave.>George
Race Director
Joined: Dec 2005
Posts: 15,685
Likes: 5
GM will survive but as someone said things have changed alot in the last thirty years. GM is no more a American company than Toyota is a Japanese company. Their management, manufacturing and employees are international and so are the stockholders. GM's American pension obligations and labor contracts are a nightmare though.....but if you look at GM's international efforts I think it's future is bright as long as it continues improving it's products. American branding is a powerful force and Cadillac is red hot in China. I think there is a good chance that GM will have to do a chapter 11 just to get out of it's unrealistic pensions and uncompetitive labor contracts, so I would not be an owner of the stock as the stockholders may lose their hind ends but the company will survive in one form or another. Ten years ago I wouldn't even think about buying anything made by GM, now my two favorite cars are both made by GM...Cadillac CTS and Chevy Corvette.
Advanced
Joined: Apr 2005
Posts: 69
Likes: 0
Originally Posted by lt1george
GM makes every kind of Car for every type of person. Wake up everyone driving your foreign cars.........you're cutting the throat of your children and America's Future.
This starts right at the school level. The teachers at where I drop my grade and high school children off all drive foreign cars, I counted today all the cars in the teachers parking lot, 6 out of 10 was a foreign brand WTF ??? American economics are not being taught in school nowadays. If someone takes (steals money)from your family (America) and laughing because the police(US Goverment) wouldn't do nothing.......what's wrong then ??? My .02 and I don't care what criticism I hear about American Cars or the workers. I will cotinue to support my Country, and buy only AMERICAN cars.Save the Wave.>George
This starts right at the school level. The teachers at where I drop my grade and high school children off all drive foreign cars, I counted today all the cars in the teachers parking lot, 6 out of 10 was a foreign brand WTF ??? American economics are not being taught in school nowadays. If someone takes (steals money)from your family (America) and laughing because the police(US Goverment) wouldn't do nothing.......what's wrong then ??? My .02 and I don't care what criticism I hear about American Cars or the workers. I will cotinue to support my Country, and buy only AMERICAN cars.Save the Wave.>George
Pro
Joined: Dec 2005
Posts: 650
Likes: 0
From: Dallas Texas
Originally Posted by 82 mouton
GM will likely fold to shed its unfunded pension liablilities, billions of dollars, also health care costs are crippling the company so losses will continue. Concessions from unions will not enough. They will emerge leaner and meaner but in the medium term collapse is inevitable. I did my part and bought a c6 today. Here 's to the General.
I would guess that GM will enter bankruptcy within 5 years, shed pension obligations and high cost labor contracts, and emerge from bankruptcy as a vigorous competitor. Same for Ford. Didn't stop me from buying a C6 in December.
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