Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-03-2011, 05:07 PM
 
Location: North of Canada, but not the Arctic
21,074 posts, read 19,579,298 times
Reputation: 25564

Advertisements

Quote:
Originally Posted by danieloneil01 View Post
They deserved to die like any other company that fails business. At least their stock is performing within their standards.
I would agree with you except for the fact that foreign automakers receive favorable treatment from their governments. So do we want to stick to our free market principles (as I would prefer if there were no foreign automakers) or do we want to keep a domestic auto industry (and adopt some of the socialistic practices of foreign countries)?

...or do we want to impose a tariff on foreign imports to make up for disparity in the costs of doing business domestically vs. foreign?
Reply With Quote Quick reply to this message

 
Old 03-03-2011, 05:13 PM
 
Location: North of Canada, but not the Arctic
21,074 posts, read 19,579,298 times
Reputation: 25564
Quote:
Originally Posted by Wonderful Jellal View Post
I think they learned they invest for the future.
I hope so, but after surviving for 100 years (including the Great Depression and other economic downturns), who would have ever thought they would have to declare bankruptcy after such a brief downturn a couple years ago? Modern management philosophy is very near-sighted.
Reply With Quote Quick reply to this message
 
Old 03-03-2011, 05:56 PM
 
1,475 posts, read 2,551,275 times
Reputation: 670
Quote:
Originally Posted by danieloneil01 View Post
Are you serious? Steel rusts. And C6 > C5, not even close.
I'm not sure exactly what your saying.

I am serious. There were parts that should have been aluminum that were brushed steel so they were rusting right in plain sight. You would have needed to use wrenches to get at them for polishing.

I don't know what you mean by "C6 > C5". If you are saying the C6 is a better performance vehicle, I agree. But, I still like the styling of the C5 better.
Reply With Quote Quick reply to this message
 
Old 03-03-2011, 06:11 PM
 
67 posts, read 178,491 times
Reputation: 39
I would LOVE to get my hands on a Chevy Volt and see how it drives. I'll be watching to hear what owners think after 6mo and 1yr. I've never been a GM fan (Ford makes a better product overall) but I'm blown away at what they've engineered with the Volt. It may well be a game changer if they can get the production cost down so that we buyers don't have to pay a premium for the tech.
Reply With Quote Quick reply to this message
 
Old 03-03-2011, 07:07 PM
 
4,246 posts, read 12,002,869 times
Reputation: 3150
Quote:
Originally Posted by Rich_CD View Post
I'm not sure exactly what your saying.

I am serious. There were parts that should have been aluminum that were brushed steel so they were rusting right in plain sight. You would have needed to use wrenches to get at them for polishing.

I don't know what you mean by "C6 > C5". If you are saying the C6 is a better performance vehicle, I agree. But, I still like the styling of the C5 better.

Oh no, you would need tools to get it off. lol



You're not a female by chance? You seem to nit pick.
Reply With Quote Quick reply to this message
 
Old 03-04-2011, 09:50 AM
 
1,475 posts, read 2,551,275 times
Reputation: 670
Quote:
Originally Posted by danieloneil01 View Post
You're not a female by chance? You seem to nit pick.
There's no reason to poke fun at females.
Reply With Quote Quick reply to this message
 
Old 03-04-2011, 09:53 AM
 
5,340 posts, read 14,106,022 times
Reputation: 4699
Quote:
Originally Posted by Retroit View Post
What concerns me the most is that GM is making a huge profit and is probably not setting any of it aside for the next slump. So that means they will go crying to the government for a loan and possibly dump their shareholders again. It was just 2 years ago we went through this mess and I doubt they've learned their lesson.
No doubt. They immediately gave out a load of bonuses to the union workers that hold them hostage. Should have gone to the bondholders that they stiffed.
Reply With Quote Quick reply to this message
 
Old 03-05-2011, 04:58 AM
 
707 posts, read 1,291,460 times
Reputation: 438
one thing to remember is car sales reported are from manufacturer to dealer, not to consumer. If you dig deep into the numbers you will find the inventory at dealerships increased dramatically in Feb. Almost 70% of the gain was increases in inventory. You have to wait a couple of months to see if you get a follow thru in consumer sales. Channel stuffing is common in this business and gets you a big month but you need follow thru. I would guess it's buildup for spring sales but we'll have to see if the sales materialize
Reply With Quote Quick reply to this message
 
Old 03-06-2011, 11:03 AM
 
48,505 posts, read 96,675,147 times
Reputation: 18304
Whe your at the botto slaes have no where to go but up. But then its where thsoe sales are lokig at the futre and your debt to income tha really matters most. GM s not in a good position when its slaes still rely on high profitable trucks and SUVs plus their debt.They wouldn;t even be i the game if not for the bailout or havig to exist in the real business world.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6. The time now is 04:04 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top