Posted on 01/05/2010 5:17:48 PM PST by Reaganez
That is a well reasoned argument.
If GM goes public, what do you get if you buy the stock?
Ya, you get some assets, and maybe some good product, but you are buying the Unions Liabilities not an auto Company, Ford has rolled them into a manigable debt, what never ending story is GM and Chryslers VEBA since they and we own the companies?
Just my 2 cents, disagree chime in, but this ain't gonna work IMHO....
hate to say I bought my first new 2007 FX 150 4x4 crew cab and had nothing but trouble but I had chevys and had some as well..I think it’s tit for tat but my GF has a toyota and its seems better but to small for me ~~~”found on road dead” happens
Right now they are both making great cars for the money. Five years from now after the government gets their tentacles embedded in GM, I’m betting on Ford.
Cash for clunkers was a drop in the bucket and helped Ford and Toyota more than any other company.
GM was idle for much of the inventory buildup due to bankruptcy and suppliers afraid to ship for fear of not being paid.
GM is at a disadvantage for police fleets. Crown Victoria rocks there. It does as well as Ford every where else.
GM is not losing its last lifeline, that is just plain silly.
GM also has a better contract with UAW than Ford. Ford UAW locals have rejected new concessions right when Ford financials looked to uptick.
Sad sad day when so many freepers are rooting for such a mighty coporate American giant to fail.
I love America more than I hate Zero.
I want GM to succeed because it means so many American jobs and a rising tide to the US economy as a whole.
I guess Freepers that hate GM root for American troops to die in the battlefield because Zero is the Commander and Chief?
The Government wants out of GM ASAP.
Probably an IPO next summer.
That is good for GM,Obama administration,and congressmen who voted for the bailout.
The government will have its tentacles in GM as much as Ford.
The control is regulatory. EPA,CAFE,CARB et all. That is much more effective the stock holdings.
Bringing a car from Europe that sold 500,000 last year isn't bold (the Fiesta)?
Redesigning (finally) into a global platform to cut cost on your steady selling Fiesta isn't Bold?
A gazillion other products from Europe and small design innovations that would take to long to type isn't bold?
Healthcare and VEBA are magnificently complex.
I am not hopefull that will work out dandy either.
GM got better terms than Ford though.
But in a nutshell healtcare liabilities were transferred to this new entititiy,VEBA.
Auto Companies pay set scheduled payments into them.
VEBA invest the money,grows the nestegg and shops for the best deal in healthcare.
My guess is if VEBA goes broke they ask the Feds for a bailout.
And that is Ford,GM and Chrysler UAW employees.
GM had DI before Ford.
Props to Ford for adding twin turbos.
That and Flex design is bold.
Other than that nada.
Everybody is bringing their Euro/Japnese subcompacts and micropacts.
Honda Fit and Chevrolet Spark and Aveo.
Everybody is cutting down on platforms and normalizing across the globe.
Chevy Volt,Cadillac Converj,6sp Auto trannys,Cadillac XLR, 300hp FWD Cars for snow belt,Cadillac Art and Science Design, Buick Spear design,Integrating Chinese design into Buick that is bold.
Look at the Design of Ford Taurus vs Buick LaCrosse that tells you everything you need to know about Ford’s boldness.
Everyone once in a while that get slapped for being bold like the previous oval everywhere Taurus then the get conservative.
Oh well of to see ending of Orange Bowl and the Lakers game.
Will post next years results.
We shall see who is gasping.
You've been cheer leading for Government Motors for awhile, Reaganez, and that's fine.
But this statement is over the top. Many Freepers don't care to do business with a "company" owned and run by the government, as is their right. Equating that with rooting for American troops to die on the battlefield is shameful.
You need an attitude check, skippy. And the expression is "Commander in Chief.
“I love America more than I hate Zero.”
I do also, however, keeping the unions afloat will assure that dems continue to get elected.
“I guess Freepers that hate GM root for American troops to die in the battlefield because Zero is the Commander and Chief?”
Absolutely absurd presumption! Most freepers don’t hate General Motors; just Government Motors!
My bet's on Hyundai.
I am a Jeep and GM owner now. I will not replace them. I will not buy a Government Motor car. I do not believe in Socialism.
Ford is in the Council On Foreign Relations and their products are built by the United Auto Workers.
Why? Because Ford's amazing luck in getting that US$23 billion line of credit in 2006 for product development and the fact thanks to the new EPA fuel economy and emission mandates, Ford has placed itself ready do be ready to meet these mandates years ahead of requirement date.
Already, there is big demand for the new Fiesta subcompact, which will arrive in early June. And Ford will roll out the next-generation Ford Focus model just after the new year in 2011. And Ford will likely phase out both the Edge and Flex by 2012 in favor of a new "sporty" minivan--the second-generation S-Max, a model that have become very popular in Europe.
And Ford is going to be at the leading edge of "green" cars, too. Ford plans to adapt the technology from the Fusion Hybrid for several other models, and an all-electric version of the upcoming Grand C-Max "tall wagon" will arrive in 2012.
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