A Nationalized GM May Drive Off More Customers, Economists and Consumers Say

CNSNews ^ | June 02, 2009 | Edwin Mora

[dfwgator]

Ya think?

[penelopesire]

DUH!! Everyone I know says they will never buy a GM car again. Do we know who Obama sold HUMMER to yet? What do you want to bet that it’s a Middle Eastern interest?

[Eric in the Ozarks]

Tata Motors.

[trackman]

I’ve purchased many GM vehicles. In fact, my whole family is a “GM” family...until now. I know I am one of many who feel this way. The taxpayers will be stuck with another failing company that the government will be stuck subsidizing at our expense...guaranteed.

[Sig Sauer P220]

Watch for the gubmit to subsidize buyers of GM or Chrysler vehicles. Probably to the tune of about $20,000 per vehicle. If you want to buy a Ford, TS.

[MortMan]

“I would expect that, yes, you will see a drop off in terms of consumers buying the product, not for emotional reasons, but rather to reasons that are attributable to how public enterprises are ran and that is there is a lack of focus on the consumer,” he added.

Duh!

BTW - are you leated to the transformers dog?!? ;-P (/snarky)

[DBrow]

If Fedgov gets just a little more power over the banks, it would be simple to make the rule that the only car loan will be for a Government Motors All-Green Socially Just Auto.

That may be a stretch- maybe a non-GM car loan would go for three percentage points more.

Or, a tax write-off if you buy one.

Or some sort of tax-based subsidy, so that those who don’t buy them underwrite the cost for those who do (that’s economic justice!)

Now that Fedgov is in charge there is no end to what they can do to get people to buy them.

[NewJerseyJoe]

Gub’mint Motors automobiles — “the cars so nice, you’ll pay for them twice.”

[saganite]

But you’ll have to qualify on the basis of race, color, economic circumstances and sexual orientation.

[CMAC51]

I will never buy from Government Motors or Chrysler. I won’t know what I’m missing because I won’t even look. The government has never been able to run a business that delivers value and service.

[jveritas]

If the government subsidize thousands of dollars in GM cars not only GM will go bankrupt but the entire government will go bankrupt within five years.

Imagine the government has to subsidize $ 5,000 dollars for 8 million GM cars sold per year, that is $ 40 billion a year.

[WOBBLY BOB]

Pro-big gubermint gubermint employees and labor folk will be the buyers to show ‘solidarity’ with their leftist bailout brethren.

[jveritas]

Whether it is a tax right off or subsidies it will end up being the same. We are talking tens of billions of dollars a year gone in subsidies or tax right off. Both the government and GM will go bankrupt in few years.

[E. Pluribus Unum]

A purchase from GM is a vote for Obama.

[IamConservative]

The only questions in my mind are:

1) Will it fail fast enough to cost Ozero reelection in 2012?

2) Will Ford be able to survive the anti-competitive policies of a government owned enterprise?

[petercooper]

How Rick Wagoner Lost GM

[Fast Moving Angel]

Absolutely. Who would want to buy a car manufactured by the equivalent of DMV or postal service employees?

[webschooner]

>> Both the government and GM will go bankrupt

The federal goobermint is the one entity that will never go bankrupt. They will just print more money.

[ProtectOurFreedom]

Niels...let me more plainly state what you really wanted to say, but were to timid to aver...

“Public institutions or public enterprises tend to focus less on give a sh!t about customer service, tend to focus less on give a sh!t about innovation, and tend to focus less on give a sh!t about continual improvements in their goods and services"