GM vehicle? Not me.

03-29-2009, 05:58 PM

At least not for a while. Even though I really want a Corvette.
http://www.politico.com/news/stories/0309/20625.html
Ford took no bailout money.

BigFrank · 03-29-2009, 08:22 PM

What a mess, too many at fault, no one taking the blame.

I still like GM trucks.

omowasu · 03-29-2009, 08:38 PM

Ive been behind the wheel of GM trucks for a while, and I would not hesitate to purchase another. Yes, GM has its fair share of problems, some beyond the control of GM, but the amount of "bailout" (loan) money they have received is a pittance compared to the financial industry. I can understand the hesitation to buy a GM car nowadays, but I think that hesitation spreads to areas beyond GM.

Sometimes these articles drive me crazy - everyone in the media has something to say about how to fix the American car industry, how to fix GM, etc, even though they dont work in the car business and are speculating at best.

One of my favorite quotes from the article, referring to Waggoner, was "...He is considered responsible for increasing GM's focus on trucks and SUVs—at the expense of the hybrids and fuel efficient cars that have become more popular in the last couple of years."

What a ridiculous statement that is. GM made a TON of money on trucks and SUV's when they were popular. Small cars are generally considered loss leaders for many companies, and most consumers would rather have something with a bit of power and space.

Unfortunately (Politico take note), the problem is not that people (or as they call them, "consumers") are only buying small cars and hybrids - it is that people are NOT BUYING ANY new cars at all. Even Toyota is hurting in the most recent downturn...

stitch · 03-29-2009, 08:51 PM

Those of us who must, or need to drive trucks will soon find ourselves walking and probably taxed for that also.

forgop · 03-29-2009, 08:30 PM

How did Wagoner stay almost 6 years as GM tanked?

03-29-2009, 09:04 PM

GM has more cars that get over 30 MPG, and more Hybrids than Toyota or Honda. What a crock. I love my new Corvette FWIW
Mike

03-29-2009, 09:15 PM

Quote:

Originally Posted by Pitmaster

GM has more cars that get over 30 MPG, and more Hybrids than Toyota or Honda. What a crock. I love my new Corvette FWIW
Mike

THANK YOU!! jeez, why does no one realize this?

forgop · 03-30-2009, 10:55 AM

Quote:

Originally Posted by Pitmaster

GM has more cars that get over 30 MPG, and more Hybrids than Toyota or Honda. What a crock. I love my new Corvette FWIW
Mike

GM was simply the biggest because they had the most out there under Chevrolet, GMC, Buick, Pontiac, Saturn, Cadillac, Hummer, Saab, and Oldsmobile. How many freaking models in their lines that overlap one another? When consumers perceive your product to be a bad value, they won't buy from you. The Big Three are a shining example of how they like to live like fat cats when things are great, but they sure don't want to make sacrifices when times are bad.

rizzle · 03-30-2009, 11:06 AM

If you want a Vette, buy it. GM isn't going away, even if they go bankrupt. The govt. has already said they will back the warranty.

Texan in Mexico · 03-30-2009, 11:17 AM

Maybe not buy the Corvette but instead stick a third of that money into GM, Citi and some other "value" stocks?

03-30-2009, 11:39 AM

Quote:

Originally Posted by Texan in Mexico

Maybe not buy the Corvette but instead stick a third of that money into GM, Citi and some other "value" stocks?

I like my cars with as close to 10 lbs/HP as my money can buy. It must be comfortable and reliable, too. It must also be good on mountain roads. I'm looking at the Audi A6T Quatro, too. There was also some Infinity model. If taxes (my biggest expense) keep going up more than my pay I will just keep my present car running until I can't get parts for it any more. If I won the lottery (you have to play to win) I would buy a Vette before I would get a Ferrari or a Lambo.

03-30-2009, 01:18 PM

Quote:

Originally Posted by rizzle

If you want a Vette, buy it. GM isn't going away, even if they go bankrupt. The govt. has already said they will back the warranty.

Just like social security.

c2000 · 03-30-2009, 08:26 PM

Quote:

Originally Posted by rizzle

If you want a Vette, buy it. GM isn't going away, even if they go bankrupt. The govt. has already said they will back the warranty.

Right on.. If you really want a vette bad,,log on to corvette forum.com and look for C6 for sale..There are people wanting to bail on the payments and you can get a cherry ZO6 or regular C6 for a great price.

Jerry in Minnesota.

Ahbroody · 03-31-2009, 11:41 AM

Quote:

Originally Posted by Pitmaster

GM has more cars that get over 30 MPG, and more Hybrids than Toyota or Honda. What a crock. I love my new Corvette FWIW
Mike

I know and watching the news last night its said how misinformed people are on the issue. Unfortunately its not limited to one age group. Its every where. This also goes to reliability. JDpowers recent reports on reliability also shows many US manufactures are producing very high quality product. Unfortunately the 80s and erly 90s they took a deagle and shot themselves in the head 2x.

As to hybrids I still laugh at the buyers. My childhood friend works for toyota and discussed just how non eco friendly these cars are. The amount of wiring used the amount of energy to produce and the batteries. These cars are no where near as eco friendly as people think they are. A corolla is more eco friendly than a prius when all factors are included. Why do you think VW green diesel is viewed by many as the greenest vehicle available.

OOO and I buy and drive Ford Trucks. My F250 has been the greatest truck I have owned hands down. Having owned Chevy, Dodge, Toyota. Ford is built the best.

03-31-2009, 11:47 AM

Quote:

Originally Posted by Ahbroody

My F250 has been the greatest truck I have owned hands down. Having owned Chevy, Dodge, Toyota. Ford is built the best.

My S10 SS will beat up your F250.

Genetic Defect · 03-31-2009, 01:12 PM

Quote:

Originally Posted by Hardcz

and I wonder from everyone posting who actually has any experience to what gm, chrystler, toyota, ford, etc are doing... any of you actually work in a plant, for these companies, for a supplier, for anyone who has to do with any of this?

If not, why even talk about it. It's just the same as those news reporters who print first and ask questions later.

I work for a supplier for at least another month, do I get to talk about it?

Quote:

Originally Posted by Hardcz

My S10 SS will beat up your F250.

F450 FTW

WildBlueSooner · 03-29-2009, 09:22 PM

Yeah, except they have run their business like **** for the last 10 years!

03-29-2009, 09:31 PM

Quote:

Originally Posted by WildBlueSooner

Yeah, except they have run their business like **** for the last 10 years!

Having a union who demands cost the company 1000 dollars per car for health care vrs the US Honda and toyota plants that have a cost of 94 dollars per car... ya that didnt help.

all the car companies are in trouble. its not just GM. Ford Morgaged all thier plants, if they go CH.11, they run the risk of losing thier plants.

Chrysler...well thats a whole nother bag o chips

WildBlueSooner · 03-29-2009, 09:34 PM

Quote:

Originally Posted by darb85

Having a union who demands cost the company 1000 dollars per car for health care vrs the US Honda and toyota plants that have a cost of 94 dollars per car... ya that didnt help.

all the car companies are in trouble. its not just GM. Ford Morgaged all thier plants, if they go CH.11, they run the risk of losing thier plants.

Chrysler...well thats a whole nother bag o chips

I agree with everything you said...just saying, the fact that they make decent products is not enough. Many companies with solid products have gone under for a multitude of reasons.

03-29-2009, 09:43 PM

and yelling at GM for selling trucks and SUVs is ludacris!

Toyota, Honda, NIssan all redeveloped thier lines to include full size trucks and SUVS. its what the US wanted. Then in the last 2 years It crashed with rising gas prices.

And Now with gas back at 2 bucks a gallon, trucks are selling huge, Used car values are running through the roof, in fact a 1 year old car is more expensive than a brand new one! its nuts! Hell my car went UP on Kelley Blue Book in the last 6 months. Its a suburban!

Granted GM was slow in bringing out those uber fuel efficent cars but when they did they brought out the most respected cars out there!

Im not saying they are a model for business nesessarily, and a big part of that is the amount of power the union has and the lack of management to stem that power move.

And no offense to any auto workers but someone who works the line spinning the number 5 lug nut on a malibu should not be making 74 dollars an hour(including benefits)...

03-29-2009, 05:58 PM	#1
BC-Axeman Guest Posts: n/a	GM vehicle? Not me. At least not for a while. Even though I really want a Corvette. http://www.politico.com/news/stories/0309/20625.html Ford took no bailout money.

03-29-2009, 08:22 PM	#2
BigFrank 5 3 1 Join Date: Nov 2008 First Name: Frank Location: Gym or Sofa. Posts: 1,896 Trading: (25)	Re: GM vehicle? Not me. What a mess, too many at fault, no one taking the blame. I still like GM trucks. __________________ " Hope is the first step on the road to disappointment. "

03-29-2009, 08:38 PM	#3
omowasu Fell ROTT Join Date: Jan 2009 First Name: Scott II Location: Chicago Posts: 288 Trading: (3)	Re: GM vehicle? Not me. Ive been behind the wheel of GM trucks for a while, and I would not hesitate to purchase another. Yes, GM has its fair share of problems, some beyond the control of GM, but the amount of "bailout" (loan) money they have received is a pittance compared to the financial industry. I can understand the hesitation to buy a GM car nowadays, but I think that hesitation spreads to areas beyond GM. Sometimes these articles drive me crazy - everyone in the media has something to say about how to fix the American car industry, how to fix GM, etc, even though they dont work in the car business and are speculating at best. One of my favorite quotes from the article, referring to Waggoner, was "...He is considered responsible for increasing GM's focus on trucks and SUVs—at the expense of the hybrids and fuel efficient cars that have become more popular in the last couple of years." What a ridiculous statement that is. GM made a TON of money on trucks and SUV's when they were popular. Small cars are generally considered loss leaders for many companies, and most consumers would rather have something with a bit of power and space. Unfortunately (Politico take note), the problem is not that people (or as they call them, "consumers") are only buying small cars and hybrids - it is that people are NOT BUYING ANY new cars at all. Even Toyota is hurting in the most recent downturn... __________________ If I had something smart to say, I would definitely put it here.

03-29-2009, 08:51 PM	#4
stitch Saddle Maker And Cowboy Join Date: Oct 2008 Location: The Diamond K Ranch Posts: 720 Trading: (34)	Re: GM vehicle? Not me. Those of us who must, or need to drive trucks will soon find ourselves walking and probably taxed for that also. __________________ Cowboy Wisdom: Ifin' ya get to thinkin yourself a might bit important, Try tellin someone else's dog what to do.

03-29-2009, 08:30 PM	#5
forgop Not a puffer Join Date: Oct 2008 First Name: Duane Location: Indianapolis, IN Posts: 2,869 Trading: (40)	Re: GM vehicle? Not me. How did Wagoner stay almost 6 years as GM tanked?

03-29-2009, 09:04 PM	#6
Pitmaster Guest Posts: n/a	Re: GM vehicle? Not me. GM has more cars that get over 30 MPG, and more Hybrids than Toyota or Honda. What a crock. I love my new Corvette FWIW Mike

03-30-2009, 11:06 AM	#9
rizzle Order Restored Join Date: Oct 2008 Location: st pete, fl Posts: 2,679 Trading: (23)	Re: GM vehicle? Not me. If you want a Vette, buy it. GM isn't going away, even if they go bankrupt. The govt. has already said they will back the warranty.

03-30-2009, 11:17 AM	#10
Texan in Mexico Feeling at Home Join Date: Oct 2008 First Name: Travis Location: Puerto Morelos, Mexico Posts: 958 Trading: (0)	Re: GM vehicle? Not me. Maybe not buy the Corvette but instead stick a third of that money into GM, Citi and some other "value" stocks?

03-29-2009, 09:22 PM	#17
WildBlueSooner I'm nuts for the place Join Date: Feb 2009 First Name: James Location: Lexington, KY Posts: 3,322 Trading: (19)	Re: GM vehicle? Not me. Yeah, except they have run their business like **** for the last 10 years! __________________ "To dilute the will to win is to destroy the purpose of the game. There is no substitute for victory"-- Douglas MacArthur

03-29-2009, 09:43 PM	#20
darb85 Guest Posts: n/a	Re: GM vehicle? Not me. and yelling at GM for selling trucks and SUVs is ludacris! Toyota, Honda, NIssan all redeveloped thier lines to include full size trucks and SUVS. its what the US wanted. Then in the last 2 years It crashed with rising gas prices. And Now with gas back at 2 bucks a gallon, trucks are selling huge, Used car values are running through the roof, in fact a 1 year old car is more expensive than a brand new one! its nuts! Hell my car went UP on Kelley Blue Book in the last 6 months. Its a suburban! Granted GM was slow in bringing out those uber fuel efficent cars but when they did they brought out the most respected cars out there! Im not saying they are a model for business nesessarily, and a big part of that is the amount of power the union has and the lack of management to stem that power move. And no offense to any auto workers but someone who works the line spinning the number 5 lug nut on a malibu should *not* be making 74 dollars an hour(including benefits)...