Posted on 01/19/2012 5:04:35 PM PST by Libloather
Link only - GM Breaks 9 Million Taking Global Sales Crown From Toyota: Cars
I suspect that there are some monstrously enormous fleet sales to state, fed, and local governments, to union controlled companies, and to people from whom clandestine favors are owed.
Also, union thugs might be "asking" their peeps to buy GM.
All just guesses (from someone with over 2 decades of union membership).
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Doesn’t matter, they still haven’t paid back the loan.
They must have loaned GM the calculator they’ve been using to come up with the inflation and unemployment numbers.
Most of the 8,000 Chevy Volts sold were sold to government agencies or subsidized under the guise of creating 'green jobs'.
These kinds of profits at a time when the American people are suffering are unconscionable. It’s time for a windfall profits tax!
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Wonder how Toyota would have done without that earthquake/tsunami/reactor meldown?
Wonder how Toyota would have done without that earthquake/tsunami/reactor meltdown?
This is all total crap. Toyota will be back on top when they recover from the tsunami.
GM’s stock is still around $25/share and the government needs to sell what they have at or near $58 to get our money back. GM still isn’t turning enough of a profit and they will fall on their ass when the Japs come back.
Not strange. We are being told how to think by the propaganda machine.
This is the company that had GE, the other Hussain supporter buy thousands and thousands of cars. This is the company that cut a fishy deal with China. There is no truth in the media about these sorts of things. Corporations that support the regime and the regime itself, all lie.
The media lies with them.
We have to not believe anything that we are told unless we have it verified.
Not strange. We are being told how to think by the propaganda machine.
This is the company that had GE, the other Hussain supporter buy thousands and thousands of cars. This is the company that cut a fishy deal with China. There is no truth in the media about these sorts of things. Corporations that support the regime and the regime itself, all lie.
The media lies with them.
We have to not believe anything that we are told unless we have it verified.
Let’s see. Toyota was hobbles by a natural disaster and GM, with the large support of the Federales, beats them by peddling cheap trucks to developing nations and fleet sales to the Govt’. Let’s see what happens when Toyota gets back on line 100%. I personally don’t see that many new GM’s rolling around over here in the US. I do see a pile of new Hyundais everywhere.
Maybe they will pay us bondholders back the money they stole from us.
Maybe they will pay us bondholders back the money they stole from us. Yeah, like that’s going to really happen.
I think the key factors that provided the GM jump over Toyota were:
for Toyota, there was the negative PR residual in the US, drummed up over the phony “sticky gas peddle” issue, and then the supply chain issues following the tsunami in Japan
for GM I think it, as well as Ford and Chrysler benefited from Toyota’s problems, but also, more than Ford, Chrysler, Toyota, Honda or VW, GM has the largest foreign brand car sales in China, and two of GM’s brands, Chevy and Buick are among the top selling brands in China, which has contrbuted a lot to GM’s gobal sales figures - of course it has not hurt it’s position in China that GM is not a Japanese company (intra-Asian WWII sentiments are still alive and active to a degree)
I have owned a number of Toyotas going back many years; yet I can say that I have seen some big improvements with GM’s new vehicles
When they don't...ahem...catch fire, n'est ce pas?
(Just kidding, Wuli, you wrote a fine post.)
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I think it is fairly easy to be profitable if the government erases your debts. How would you do if the government erased your mortgage, student loans, car loan, etc.?
Subsidized plants, subsidized cars, and subsidized profits are unsustainable. This is just meaningless propaganda so more Democrats can get elected and redistribute.
probably will pay no taxes on those alleged “profits”.
GM and GE and others would be exempted from that tax I bet.
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