SealXo
Member
+309|6839
http://online.wsj.com/article/SB1234894 … p;ru=yahoo


GM and Chrysler need AT LEAST 21.6 billion dollars now...

...its fucking deja vu!

I've got to say fuck you GM for the reason that all I see if your stupid ass Lincoln commercials when im watching the Laker games about how your car is a fucking starship and you show the car for 2 whole seconds while it zoomz by in a ray of light.  They wasted the money already given to them on replaying the same garbage commercials over and over again and how many Lincolns have i seen on the road here in california? ZERO.


end the bailout, its obvious they are NEVER going to sell their cars. Its like a dying dog, you can keep injecting it with expensive medicine to keep it alive a few weeks longer,  just put the poor fucker to sleep.

Last edited by SealXo (2009-02-17 16:51:35)

FatherTed
xD
+3,936|6803|so randum
agreed. Let them fall.
Small hourglass island
Always raining and foggy
Use an umbrella
Kmar
Truth is my Bitch
+5,695|6904|132 and Bush

Yes they are going to sell cars.. but it's not going to be because of charity.
Xbone Stormsurgezz
Turquoise
O Canada
+1,596|6708|North Carolina
At this point, China might as well buy Chrysler.

GM will probably shed several of its brands to become more profitable, but the UAW will continue to be a pain in the ass.
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

SealXo wrote:

all I see if your stupid ass Lincoln commercials when im watching the Laker games about how your car is a fucking starship and you show the car for 2 whole seconds while it zoomz by in a ray of light.
That ad cost quite a bit of money to produce too.
https://i.imgur.com/maVpUMN.png
FEOS
Bellicose Yankee Air Pirate
+1,182|6714|'Murka

Turquoise wrote:

At this point, China might as well buy Chrysler.

GM will probably shed several of its brands to become more profitable, but the UAW will continue to be a pain in the ass.
Actually, they reported on the news tonight that the UAW has agreed to restructure their agreement with the Big Three to bring them more in line with the agreements with foreign manufacturers in the US. That'll help.

GM will either sell or kill Saturn. Pontiac, Hummer, and Saab are done for. GM will be GMC, Chevy, Cadillac, and Buick.

Chrysler hasn't provided much detail that's been reported other than a desire to team with Fiat...and fire gobs of workers.

Ford is in the best shape of the three, which seems odd in comparison to where they were a year or two ago.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein

Doing the popular thing is not always right. Doing the right thing is not always popular
Turquoise
O Canada
+1,596|6708|North Carolina

FEOS wrote:

Turquoise wrote:

At this point, China might as well buy Chrysler.

GM will probably shed several of its brands to become more profitable, but the UAW will continue to be a pain in the ass.
Actually, they reported on the news tonight that the UAW has agreed to restructure their agreement with the Big Three to bring them more in line with the agreements with foreign manufacturers in the US. That'll help.

GM will either sell or kill Saturn. Pontiac, Hummer, and Saab are done for. GM will be GMC, Chevy, Cadillac, and Buick.

Chrysler hasn't provided much detail that's been reported other than a desire to team with Fiat...and fire gobs of workers.

Ford is in the best shape of the three, which seems odd in comparison to where they were a year or two ago.
Ford can credit much of its resilience to their stake in Mazda.  Mazda is actually doing very well right now (all things considered).  They've basically become the cheap version of Honda and Toyota.  They have a lot of reliability, but not quite the style and prestige of those two.

Although...  it's sad to see Saturn go.  I just bought an Astra last year.  Granted, it's not actually made by Saturn but by the Belgians.  I guess Astras might be sold under a different brand now.

Last edited by Turquoise (2009-02-17 17:26:34)

FEOS
Bellicose Yankee Air Pirate
+1,182|6714|'Murka

Turquoise wrote:

FEOS wrote:

Turquoise wrote:

At this point, China might as well buy Chrysler.

GM will probably shed several of its brands to become more profitable, but the UAW will continue to be a pain in the ass.
Actually, they reported on the news tonight that the UAW has agreed to restructure their agreement with the Big Three to bring them more in line with the agreements with foreign manufacturers in the US. That'll help.

GM will either sell or kill Saturn. Pontiac, Hummer, and Saab are done for. GM will be GMC, Chevy, Cadillac, and Buick.

Chrysler hasn't provided much detail that's been reported other than a desire to team with Fiat...and fire gobs of workers.

Ford is in the best shape of the three, which seems odd in comparison to where they were a year or two ago.
Ford can credit much of its resilience to their stake in Mazda.  Mazda is actually doing very well right now (all things considered).  They've basically become the cheap version of Honda and Toyota.  They have a lot of reliability, but not quite the style and prestige of those two.

Although...  it's sad to see Saturn go.  I just bought an Astra last year.  Granted, it's not actually made by Saturn but by the Belgians.  I guess Astras might be sold under a different brand now.
I think that's why they are looking at selling off Saturn as an option. It has the potential to be a money-maker elsewhere...just not here.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein

Doing the popular thing is not always right. Doing the right thing is not always popular
FatherTed
xD
+3,936|6803|so randum

Turquoise wrote:

FEOS wrote:

Turquoise wrote:

At this point, China might as well buy Chrysler.

GM will probably shed several of its brands to become more profitable, but the UAW will continue to be a pain in the ass.
Actually, they reported on the news tonight that the UAW has agreed to restructure their agreement with the Big Three to bring them more in line with the agreements with foreign manufacturers in the US. That'll help.

GM will either sell or kill Saturn. Pontiac, Hummer, and Saab are done for. GM will be GMC, Chevy, Cadillac, and Buick.

Chrysler hasn't provided much detail that's been reported other than a desire to team with Fiat...and fire gobs of workers.

Ford is in the best shape of the three, which seems odd in comparison to where they were a year or two ago.
Ford can credit much of its resilience to their stake in Mazda.  Mazda is actually doing very well right now (all things considered).  They've basically become the cheap version of Honda and Toyota.  They have a lot of reliability, but not quite the style and prestige of those two.

Although...  it's sad to see Saturn go.  I just bought an Astra last year.  Granted, it's not actually made by Saturn but by the Belgians.  I guess Astras might be sold under a different brand now.
Astras have been going strong over here for years, i didn't know you yanks had a version!

They're sold by Vauxhall over here, Opel on mainland Europe and i think by Holden in Ausland
Small hourglass island
Always raining and foggy
Use an umbrella
Turquoise
O Canada
+1,596|6708|North Carolina

FatherTed wrote:

Turquoise wrote:

FEOS wrote:


Actually, they reported on the news tonight that the UAW has agreed to restructure their agreement with the Big Three to bring them more in line with the agreements with foreign manufacturers in the US. That'll help.

GM will either sell or kill Saturn. Pontiac, Hummer, and Saab are done for. GM will be GMC, Chevy, Cadillac, and Buick.

Chrysler hasn't provided much detail that's been reported other than a desire to team with Fiat...and fire gobs of workers.

Ford is in the best shape of the three, which seems odd in comparison to where they were a year or two ago.
Ford can credit much of its resilience to their stake in Mazda.  Mazda is actually doing very well right now (all things considered).  They've basically become the cheap version of Honda and Toyota.  They have a lot of reliability, but not quite the style and prestige of those two.

Although...  it's sad to see Saturn go.  I just bought an Astra last year.  Granted, it's not actually made by Saturn but by the Belgians.  I guess Astras might be sold under a different brand now.
Astras have been going strong over here for years, i didn't know you yanks had a version!

They're sold by Vauxhall over here, Opel on mainland Europe and i think by Holden in Ausland
Yep, I had been waiting for them to come over here.  They didn't make it until last year.  Unfortunately, GM chose to sell it under one of their weakest brands.

I just hope that Astras are sold under either another GM brand or something else, so that it won't be too expensive to get the parts here in the near future.  I already pay too much for oil filters...
usmarine
Banned
+2,785|7065

why are you angry at the car companies?  if someone wanted to give you money would you not take it?  you are mad at the wrong people.
Turquoise
O Canada
+1,596|6708|North Carolina

usmarine wrote:

why are you angry at the car companies?  if someone wanted to give you money would you not take it?  you are mad at the wrong people.
You are aware that lobbyists are the ones who are responsible for pitching these bailouts to the government, correct?

Through lobbyism, corporations are just as responsible for this as the government itself is.

We should be mad at both them and the government.
usmarine
Banned
+2,785|7065

Turquoise wrote:

usmarine wrote:

why are you angry at the car companies?  if someone wanted to give you money would you not take it?  you are mad at the wrong people.
You are aware that lobbyists are the ones who are responsible for pitching these bailouts to the government, correct?

Through lobbyism, corporations are just as responsible for this as the government itself is.

We should be mad at both them and the government.
you are aware who can say no right?
Doctor Strangelove
Real Battlefield Veterinarian.
+1,758|6771

FEOS wrote:

Turquoise wrote:

At this point, China might as well buy Chrysler.

GM will probably shed several of its brands to become more profitable, but the UAW will continue to be a pain in the ass.
Actually, they reported on the news tonight that the UAW has agreed to restructure their agreement with the Big Three to bring them more in line with the agreements with foreign manufacturers in the US. That'll help.

GM will either sell or kill Saturn. Pontiac, Hummer, and Saab are done for. GM will be GMC, Chevy, Cadillac, and Buick.

Chrysler hasn't provided much detail that's been reported other than a desire to team with Fiat...and fire gobs of workers.

Ford is in the best shape of the three, which seems odd in comparison to where they were a year or two ago.
Yeah, restructuring is in order. Ford will survive, and recover. GM will survive but need to shed a ton of brands (especially Hummer ) and I got a feeling Chrysler is done for.
Turquoise
O Canada
+1,596|6708|North Carolina

usmarine wrote:

Turquoise wrote:

usmarine wrote:

why are you angry at the car companies?  if someone wanted to give you money would you not take it?  you are mad at the wrong people.
You are aware that lobbyists are the ones who are responsible for pitching these bailouts to the government, correct?

Through lobbyism, corporations are just as responsible for this as the government itself is.

We should be mad at both them and the government.
you are aware who can say no right?
Politicians rarely say no to soft money -- regardless of the party.

We, as voters, can punish politicians for accepting these legalized bribes and throwing our money away, but there's no telling if the replacements of the people we throw out will do the same or not.

It's a matter of politicians not having enough ethics to say no to lobbyists, as I assume you're suggesting, but the lobbyists are the first part of the process.
usmarine
Banned
+2,785|7065

Turquoise wrote:

as I assume you're suggesting
yes.  dem congress = fail right now.
Turquoise
O Canada
+1,596|6708|North Carolina

usmarine wrote:

Turquoise wrote:

as I assume you're suggesting
yes.  dem congress = fail right now.
Agreed, but I wonder if the Republicans would behave any differently if they had the power.

I'm glad the Republicans have started to serve well as an opposition party though.
The#1Spot
Member
+105|6843|byah

SealXo wrote:

http://online.wsj.com/article/SB123489494750801713.html?mod=yahoo_hs&ru=yahoo


GM and Chrysler need AT LEAST 21.6 billion dollars now...

...its fucking deja vu!

I've got to say fuck you GM for the reason that all I see if your stupid ass Lincoln commercials when im watching the Laker games about how your car is a fucking starship and you show the car for 2 whole seconds while it zoomz by in a ray of light.  They wasted the money already given to them on replaying the same garbage commercials over and over again and how many Lincolns have i seen on the road here in california? ZERO.


end the bailout, its obvious they are NEVER going to sell their cars. Its like a dying dog, you can keep injecting it with expensive medicine to keep it alive a few weeks longer,  just put the poor fucker to sleep.
I would rather have the Govt just own GM and Chrysler with our money than "loan" it to them so they can make more trucks and suvs.
FEOS
Bellicose Yankee Air Pirate
+1,182|6714|'Murka

Turquoise wrote:

usmarine wrote:

Turquoise wrote:

as I assume you're suggesting
yes.  dem congress = fail right now.
Agreed, but I wonder if the Republicans would behave any differently if they had the power.

I'm glad the Republicans have started to serve well as an opposition party though.
TBH, it would be best if the Legislative branch were controlled by a different party than the Executive (see the 90s).
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein

Doing the popular thing is not always right. Doing the right thing is not always popular
Stingray24
Proud member of the vast right-wing conspiracy
+1,060|6748|The Land of Scott Walker

Turquoise wrote:

GM will probably shed several of its brands to become more profitable, but the UAW will continue to be a pain in the ass.
http://www.leftlanenews.com/general-mot … -plan.html
Dilbert_X
The X stands for
+1,817|6409|eXtreme to the maX
Ford have been quite smart with Mazda, a Japanese car you can buy without quite so much guilt.

The new Astra is one of the most impressively solid cars I've seen in a long time.

The govt needs to stop giving them free cash, or they'll just do it all again.
Fuck Israel
Burwhale
Save the BlobFish!
+136|6525|Brisneyland
GM is thinking about doing some creative accounting.

caradvice.com wrote:

A report on Reuters newsagency says that General Motors Corporation, nearing a Tuesday deadline to present a viability plan to the US government, is considering as one option a Chapter 11 bankruptcy filing that would create a new company.

The plan was also reported on in the highly reputable Wall Street Journal, which said in its Saturday edition: “One plan includes a Chapter 11 filing that would assemble all of GM’s viable assets, including some US brands and international operations, into a new company.”

The newspaper said: “The undesirable assets would be liquidated or sold under protection of a bankruptcy court. Contracts with bondholders, unions, dealers and suppliers would also be reworked.”
Source

Its a sneaky way to get rid of the bad bits of the company, but it is probably what GM needs.
Mekstizzle
WALKER
+3,611|6924|London, England
Now they're just taking the piss, $21bn ontop of the $17bn they have already received. lulz so much for the first bailout working, maybe too big to fail but now the point has come where it's too big to bail them out.....nah.......it ain't never too big to bail shit out!
JahManRed
wank
+646|6931|IRELAND

They got to build cars which suit the times. Gas guzzlers are out. I'm not too well informed on the subject. Is ford doing better because it has started to supply the same cars (40mpg) that they have been selling here for years?
The other two of the big 3 seam to do more of their business in the US where large gas guzzler where the norm. You never see a GM here. We have loads of fords. Possible more fords than anyother. So ford already had cars designed and in production already suited to the current harsh finical times. Is that why they are doing better than the other two?
rdx-fx
...
+955|6894
Here's a bailout plan;

Let them FAIL, then let the newer, smarter, better upstart companies feast on their bloated corpse.

I'm sure a few fresh corporations would make better use of the IP, property, and trained personnel.

Pull some retired Lockheed or Boeing managers out of retirement, for the upper management.
(i.e., people who understand the meaning of the words quality reputation)

Put someone like Warren Buffet in as the financier, and general money-man watchdog

Use the trained technicians and engineers from the old car companies, where needed (the non-UAW technical/engineering slots)

Automate the over-paid UAW drone positions, just like the Germans and Japanese do.


We need more privately held corporations, not beholden to shareholders and profit margins at all costs.  We need to return the focus to build a reasonably priced, reliable, quality product.  The customers will trust you, and be loyal to your product - and thus insure steady jobs for your workers.

This current corporate system where the company is legally obligated to seek shareholder profit at any cost, regardless of damage to reputation, quality, worker security, or customer safety.. is fucking insane.

A company is about the customer and the employee - all else is a cancer in the system.

Last edited by rdx-fx (2009-02-18 09:16:40)

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