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Old 07-30-2011, 01:01 PM   #11
BigAls87Z28
 
Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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Ahhh...yeah, you don't know what you are talking about.

GM has invested a LOT OF MONEY into making small cars like Cruze, and even more money in hybrid/electric vehicles like the Volt. Bob Lutz, who is not a government boot licker, also promotes a massive gas tax increase to "be on par with the Europeans" because things like CAFE are NOT going to make America stop using gas, it will only force the automakers to spend tons of money in making the technology to hit these levels.

When gas hit 4 dollars a gallon, people started to rethink what they really needed from a car, and that maybe a Suburban to haul around the one kid might be too much. Now that gas is up here again, people are starting to realize that they don't need large cars. This is done not with government intervention, and people are flocking to more fuel efficient vehicles, as evident by last months sales numbers.

You don't want to buy a GM car because the government has about 30% share in their vehicle, you should also stay away from Ford, since their whole company is owned by the banks, who recieved a government money.
Or Chrysler, who is now totally owned by Fiat, which the Italian government owns a portion of.

Only in America, is it odd to see the government own a portion of one of the largest, and in America's case, only manufacturing sector.


If you are worried about government ownership of a company that is producing cars that were designed and green lit back in 2006, then so be it.
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