Posted on 04/10/2014 9:04:06 AM PDT by Kaslin
Did they fix the product quality and business issues that forced them into bankruptcy in the first place? I argue no because they didn’t have to — the taxpayers bailed them out.
If they had gone through bankruptcy, they would have been forced to clean house, streamline, and become efficient.
On top of safety and basic build quality, someone at GM has lost their eyesight. Just looking at one of those brand new Chevy pickups in the parking lot. Only one word for it. U.G.L.Y.
I don’t know who thought that look was a winner but they need their head and their eyes examined by professionals.
6. NEVER buy a GM car.
Supporting Unions and a Nationalized Socialist company is unAmerican.
Correct me if I am wrong; but, didn’t GM get a government bailout during the Reagan Presidency?
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Exactly right.
The current line of Chevy/GMC pickups make the 1949 Dodge pickups and light trucks look positively handsome.
And that was hard to do.
“In 2008, I testified before the Senate Banking Committee that a federal bailout of the automakers would be a grave mistake.
Subsequently, after the industry recovered to profitability, I was repeatedly called by journalists asking if I would care to recant my statements.”
Didn’t they use TARP money to pay off the loan? If true, not exactly worthy of a “recant.” Why? Because all they did was shuffle money around and didn’t address the fundamental problems that forced the bankruptcy in the first place.
2. GM’s culture is broken. The company can’t make reliably safe cars
I HATE GM, but this demand for perfection is laughable.
“6. NEVER buy a GM car.”
This is all any of us need to know. GM products have been crap for years, surpassed only by Chrysler products (which, to be fair, don’t have any major safety defects to speak of).
To do so would have meant two things:
Spending money to fix the problems, including those in existing vehicles.
Admitting there was a problem and letting the PR chips fall where they may.
Admitting there were unsolved issues would take a back seat to the image of shining success of the Obama regime.
How typical, someone decided to double down again, regardless of reality. I sense a pattern, here, where reality is twisted for the sake of the image and the press plays along.
They did hire the 1st female CEO to take the fall though.
If things don't go well for her, she'll get a NICE golden parachute thanks to American taxpayers.
And our opinion of GM was reinforced last year when we tried to get my Dad's Jimmy running so that we could sell it.
It only had 98K miles and was having serious problems. The GM repair tech wanted to rebuild the engine. Lol. We refused and sold it for pennies. Turns out the that “computer chip” wasn't working properly — we found this out from the people that we sold it to. IMO, the GM techs are boobs. Same with the rest of the company.
That is always the issue with a business. The cost trade off of admitting that you were wrong versus hiding it or ignoring it and hoping that it will go away.
I have little tolerance for GM, though. I have had a lot of problems with them in the past.
Worst of all, we Americans are all “investors” and so we have a lot more of a right to complain than, for example, Toyota, etc.
President Reagan bailed out Chrysler and Harley Davidson
Absolutely correct. Somebody ought to sit down and figure out how many trillions of miles these 1.6M cares were driven and thus the deaths per mile.
Then go ahead and say it's unsafe to drive 10 miles to the store when the chance of a fatal accident is one in 1,000,000 or whatever it might be.
Meanwhile we cheerfully ignore much, much greater risks to children and others because we're used to them.
Except that when the issue first arose, and should have been dealt with, Obama was just a nobody in Illinois.
OK, ran some numbers myself.
Let’s assume these cars were driven an average of 100,000 miles, possibly high, but not unreasonable.
That means they were driven a total of 160,000,000,000 or 160T miles. Which means somewhere around 12B miles per fatality.
Sounds pretty darn safe to me.
Despite his having claimed a Kenyan origin in his early days, no one wanted to look at the NBC issue and declared us all “birthers”. Sometimes a conspiracy theory is just a conspiracy.
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