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Oh I know the temptation. There is always that temptation.
But unlike the banks, there has been tons of goverment regulation already in place, so its not as if the goverment needs to have total oversight and control as in the banks case. I worry about it too, but I think that its a nessessary evil. |
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i personally believe that the govt expects gm to tank. that way they can put a plan into place to offer super low cost BRAND NEW CARS once you scrap your old one....once the govt starts to auction of gm and dismantle it from the inside out.
the failure of gm is inevitable. the govt just wants to profit off it and get old cars off the road at the same time |
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Fritz Henderson is still the CEO and President. What Im more interested in, and what the focus will shift to after all this **** is over with, is who will take over for Bob Lutz now that Lutz is on his way out the door? If GM comes out of this alive, and firing on all 8 cylinders, someone needs to keep carrying that same power and attention for vehicles like Lutz has in just about every company he has been in. Thats what worries me. If Lutz left today, in 3 short years we will have run out of all he had his hands on. We need another Bob Lutz. |
BigAl for CEO?
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http://images.ibsrv.net/ibsrv/res/sr...nutswinger.gif :rofl::rofl::rofl: :wink: |
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Everyone rode the cheap gas thing, because people were buying the products.
And it just so happend that these said vehicles are huge profit makers. Name me ONE company that will abandon a massivly growing market that makes 3-4x the profit of other products you make? I dont want to hear that "GM doesnt make cars that people want to buy" because for 72 years, no one sold more cars then GM, and GM is still #2!! So thats a lot of cars that people arent buying. And they are still #1 in the US. There are so many false reasons why GM failed. GM failed because they could not make profit from regular vehicles, were spending money on trying to fix that on top of making thier vehicles better and more desirable, and the economy took a giant dump on itself. Ford is looking good, but its to me a false perception. They still are losing money hand over fist, and once GM and Chrysler come out of Chap 11, they will have jumped so far ahead of Ford in profitability and debt reduction that Ford will have to find a new way to fix themselves. I will say that in a year or less, Ford will have problems unless the economy turns around or that GM and Chrysler surge and Ford rides the wave. Ford's products are marginally better, with only one or two stand-out products. Most of thier bread and butter cars are old and tiresome. |
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You mark my words Al, aside from the Cobalt replacement you're going to see a newer lineup of small, eco-friendly, uber fuel efficient vehicles(eventually, not right now). Why? Not because the public wants them but once the federal government eventually implements a federal gas tax to keep prices high people are going to HAVE to buy them. Maybe you can add this idea in with the rest of the conspiracy theories going around but I have a sinking feeling a federal gas tax is coming and it's going to force people to buy smaller cars. Hopefully GM sees the writing on the wall in order to survive. |
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