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> the future of GM...
Rob Hood
post Jul 15 2008, 03:06 AM
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http://www.autoextremist.com/current/2008/7/8/rants-453.html

Was listening to some newsradio today - many analysts are painting a bleak picture. Heard that Hummer and Saab were going to be let go, maybe more. I've already seen where Chevy is not sponsoring several NASCAR races next year.

Rick Wagoner is supposed to deliver an announcement tomorrow morning at 0830 EST. Should be worth listening to.

This post has been edited by Rob Hood: Jul 15 2008, 05:59 AM
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CamaroFS34
post Jul 15 2008, 03:55 PM
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I don't buy the "gas costs" argument either. The unfortunate truth is that this has been a long time coming. How many of us have had to defend our cars from the pony-car haters who automatically class them as "crap boxes" (due to GM's less-than-stellar build quality) and/or gas guzzlers (because of the V8, when they get as good of mileage as many of the Accords/Mazdas/etc out there)? GM did this to themselves years ago, through crappy cars -- build and design -- and poor marketing, and now it's all building to a head.

My mom owns a new Saturn Aura XR. This is the same platform as the Chevy Malibu, and is actually an Opel. When I drove the car, the only thing that told me it was a GM was the Saturn emblem. Seriously, the fit/finish and overall interior is not the stereotypical GM that we've all tolerated in our F-bodies. It is very much BMWish, and considering the car is actually an Opel, that really isn't a surprise. The GTO is the same way -- but, hey! it's a Holden. Why is it that GM is going to it's European and Australian branches for cars to sell in America? I think it's because they are finally realizing that their reputation for crappy cars is a major part of the reason that sales are down. The unfortunate thing is that even though they have started to make a turnaround with the cars, that legacy is still keeping people out of the sales room.

When I was looking at the Mazdaspeed 3 earlier this year, I was appalled by the gas mileage the car was rated at. While I know the EPA ratings are an average, it was still literally no better than the EPA ratings on my 1996 Camaro. That's really sad. My 2006 WRX gets pretty much the same mileage as my Camaro, especially on the highway (it's marginally better in city driving). Plenty of people have smirked to me about the gas prices, "Guess you're not driving the Camaro very much now!" and when I ask them what their mileage is, and then I tell them mine, unless they are in a hybrid or a sub-compact like an Aveo, they aren't doing phenomenally better than me (for the record, even with the A/C on, the green car was getting 27-29mpg on the trip to/from Atlanta last weekend, and it did 30mpg with the A/C off).

Of course, GM's union workers don't help the situation any either.
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Rob Hood   the future of GM...   Jul 15 2008, 03:06 AM
poSSum   Tough times for sure.   Jul 15 2008, 09:31 AM
sgarnett   I hate to say this, but it seems like a terrible t...   Jul 15 2008, 11:56 AM
trackbird   http://money.cnn.com/2008/07/15/news/compa...dex.h...   Jul 15 2008, 02:32 PM
Rob Hood   I think what surprises me is that the price of oil...   Jul 15 2008, 02:39 PM
trackbird   QUOTE (Rob Hood @ Jul 15 2008, 10:39 AM) ...   Jul 15 2008, 03:03 PM
trackbird   QUOTE (trackbird @ Jul 15 2008, 11:03 AM)...   Jul 15 2008, 05:11 PM
Rob Hood   So drilling our way out of this really isn't g...   Jul 15 2008, 03:23 PM
marka   Howdy, Not to mention, "drilling our way out...   Jul 15 2008, 03:48 PM
sgarnett   If you think about it though, gas(oline) prices ha...   Jul 15 2008, 03:53 PM
CamaroFS34   I don't buy the "gas costs" argument...   Jul 15 2008, 03:55 PM
trackbird   QUOTE (marka @ Jul 15 2008, 11:48 AM) Thi...   Jul 15 2008, 04:04 PM
marka   Howdy, QUOTE (trackbird @ Jul 15 2008, 12...   Jul 15 2008, 04:11 PM
00 Trans Ram   QUOTE (marka @ Jul 15 2008, 11:11 AM) Can...   Jul 15 2008, 04:54 PM
roadracetransam   QUOTE (00 Trans Ram @ Jul 15 2008, 09:54 ...   Jul 15 2008, 05:27 PM
CMC #37   QUOTE Couldn't agree more! I used to live ...   Jul 15 2008, 05:44 PM
marka   Howdy, QUOTE (00 Trans Ram @ Jul 15 2008, 12...   Jul 15 2008, 06:48 PM
00 Trans Ram   One problem (certainly not the only, and maybe not...   Jul 15 2008, 04:22 PM
Rob Hood   Universal health care will bankrupt the country fa...   Jul 15 2008, 05:11 PM
Rob Hood   Oil price fell about 9 bucks last week too, then s...   Jul 15 2008, 05:16 PM
CMC #37   Eugenio, what can you tell us about Canadian healt...   Jul 15 2008, 05:20 PM
marka   Howdy, QUOTE (CMC #37 @ Jul 15 2008, 01...   Jul 15 2008, 06:56 PM
poSSum   QUOTE (CMC #37 @ Jul 15 2008, 12:20 PM) E...   Jul 15 2008, 09:41 PM
00 Trans Ram   QUOTE (poSSum @ Jul 15 2008, 04:41 PM) QU...   Jul 15 2008, 10:00 PM
poSSum   QUOTE (00 Trans Ram @ Jul 15 2008, 05:00 ...   Jul 16 2008, 03:37 AM
Eugenio_SS   QUOTE (CMC #37 @ Jul 15 2008, 01:20 PM) E...   Jul 15 2008, 10:34 PM
trackbird   QUOTE (Eugenio_SS @ Jul 15 2008, 06:34 PM...   Jul 16 2008, 05:18 AM
Eugenio_SS   QUOTE (trackbird @ Jul 16 2008, 01:18 AM)...   Jul 16 2008, 07:32 PM
sgarnett   QUOTE (Eugenio_SS @ Jul 15 2008, 06:34 PM...   Jul 16 2008, 02:21 PM
firehawkclone   QUOTE (marka @ Jul 15 2008, 08:48 AM) How...   Jul 15 2008, 05:41 PM
trackbird   QUOTE (Rob Hood @ Jul 15 2008, 01:16 PM) ...   Jul 15 2008, 05:56 PM
marka   Howdy, QUOTE (trackbird @ Jul 15 2008, 01...   Jul 15 2008, 07:02 PM
CMC #37   QUOTE (marka @ Jul 15 2008, 02:02 PM) How...   Jul 15 2008, 07:07 PM
Rob Hood   I think Julie (and others here who are self-employ...   Jul 15 2008, 06:36 PM
CMC #37   QUOTE "Too expensive" is a cop out. Figu...   Jul 15 2008, 06:57 PM
marka   Howdy, To be fair... My level of knowledge about ...   Jul 15 2008, 07:19 PM
00 Trans Ram   Mark - you've hit the nail on the head in a fe...   Jul 15 2008, 07:38 PM
marka   Howdy, QUOTE (00 Trans Ram @ Jul 15 2008, 03...   Jul 15 2008, 07:54 PM
roadracetransam   QUOTE (00 Trans Ram @ Jul 15 2008, 12:38 ...   Jul 15 2008, 09:09 PM
00 Trans Ram   Right now, the problem is that there is not enough...   Jul 15 2008, 07:52 PM
Sam Strano   Big business runs the country, it has for a long t...   Jul 15 2008, 08:02 PM
00 Trans Ram   Sorry - I may have muddied the waters. There's...   Jul 15 2008, 09:58 PM
marka   Howdy, QUOTE (00 Trans Ram @ Jul 15 2008, 05...   Jul 15 2008, 10:18 PM
T.O.Dillinder   Hold on now!!! You can't be seriou...   Jul 15 2008, 10:00 PM
Rob Hood   "Universal healthcare" (as proposed by H...   Jul 15 2008, 11:22 PM
roadracetransam   what was this topic about again?   Jul 15 2008, 11:29 PM
marka   Howdy, QUOTE (roadracetransam @ Jul 15 2008,...   Jul 16 2008, 12:05 AM
cccbock   QUOTE (roadracetransam @ Jul 15 2008, 07...   Jul 16 2008, 01:08 AM
slowTA   Can't afford a new GM... screw that I'm lo...   Jul 16 2008, 12:47 AM
nape   QUOTE (slowTA @ Jul 15 2008, 07:47 PM) Ca...   Jul 16 2008, 04:10 AM
Rob Hood   QUOTE (nape @ Jul 15 2008, 09:10 PM) QUOT...   Jul 16 2008, 04:26 AM
nape   QUOTE (Rob Hood @ Jul 15 2008, 11:26 PM) ...   Jul 16 2008, 05:06 AM
Rob Hood   QUOTE (nape @ Jul 15 2008, 10:06 PM) QUOT...   Jul 16 2008, 06:20 AM
Rob Hood   Actually it was about how a leviathan like GM has ...   Jul 16 2008, 01:06 AM
Eugenio_SS   wow... the most political thread ever in this foru...   Jul 16 2008, 04:38 AM
pknowles   I honestly think GM is doing OK and people buy mor...   Jul 16 2008, 01:36 PM
trackbird   Seems that this is a second report to back up the ...   Jul 16 2008, 04:05 PM
00 Trans Ram   See - this is how a political discussion SHOULD ha...   Jul 16 2008, 04:31 PM
mitchntx   QUOTE (00 Trans Ram @ Jul 16 2008, 11:31 ...   Jul 17 2008, 02:01 AM
Eugenio_SS   QUOTE (mitchntx @ Jul 16 2008, 10:01 PM) ...   Jul 17 2008, 04:44 AM
trackbird   QUOTE (Eugenio_SS @ Jul 17 2008, 12:44 AM...   Jul 17 2008, 01:57 PM
T.O.Dillinder   QUOTE (trackbird @ Jul 17 2008, 08:57 AM)...   Jul 17 2008, 02:30 PM
rpoz-29   Hey Phil, where are you locating to 2 hours south ...   Jul 16 2008, 04:45 PM
pknowles   QUOTE (rpoz-29 @ Jul 16 2008, 12:45 ...   Jul 17 2008, 01:27 PM
Todd   QUOTE (pknowles @ Jul 17 2008, 09:27 AM) ...   Jul 17 2008, 01:42 PM
nape   I wish I had an online stock trading account last ...   Jul 17 2008, 01:13 AM
Rob Hood   No cats allowed...   Jul 17 2008, 02:02 AM
rpoz-29   I have 2 ferrets. Elvis and Jerry Lee.   Jul 17 2008, 02:41 AM
sgarnett   I see the Camaro press release mentioned "exc...   Jul 17 2008, 11:14 AM
trackbird   I still have 4 cats, but the hellion is now in the...   Jul 17 2008, 02:35 PM
prockbp   I'm not worried about GM. If they can't a...   Jul 18 2008, 03:13 AM
Rob Hood   QUOTE (prockbp @ Jul 17 2008, 08:13 PM) I...   Jul 18 2008, 03:58 AM
Mean Green Z28   I'm not surprised that they are in this situat...   Jul 18 2008, 03:32 AM

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