Bailout plans

Yo dawg, we heard that you liked GMC in your GM so we put some GMC in your GM so you can GMC while you GM?

http://2.bp.blogspot.com/_YFccnbWJWtY/SFwYH2nYDQI/AAAAAAAAADc/yFxdv8WbTM8/s320/i+believe.jpg

that money needs to go the people not putting bandaids on sinking tankers

they are going down the tubes anyhow. they need to stop filling their own pockets.

filling their pockets with our tax money and money borrowed from china. Its just completely stupid. The government just doesn’t have the heart to tell the autoworkers to find a new job making a product that people actually want.

well said.

MWAAAHAHAHA YES DEATH TO THE PT CRUISER!!!

I don’t think anyone will miss that car at all

Just heard today Nissan is trying to merge with/buy Chrysler?

Edit: Read further down the forum that this info is incorrect. Doh

It’s basically a Durango with different headlights.

They are still making it… it’s a Dodge Caliber.

GM also axed their “performance” vehicles, ie SS and V-series models. lol

Yep, cut the “Performance Team” who designed the ZR-1, GXP models, SS models, CTS-V/XLR-V, etc. was cut by GM.

Don’t expect the ZR-1 to come down in price!!

they were worthless anyway. of all the “performance” cars they created only two were worth mentioning, the ZR1 and CTSV.

Even with those their “engineering” was nominal, dump corvette engine into caddy… supercharge vette engine and give it brakes our racing team has used for years.

Congrats everyone, where is my bonus?

Um, theres a lot more R+D in those vehicles than you think, they’re not just throwing the engine in there and calling it a day.

R and D… .sure I’ll give you that

Racing technology from the 70’s and 80’s… check on that too.

Define 70’s and 80’s technology.

Also, who said a car has to be high tech to accomplish it’s goal? Pretty sure when GM designed the ZR1 they had one thing in mind: create the fastest, most powerful Corvette ever. Not cram as much computer designed shit into the car as you can.

Just checked, but the ZR1 is pretty fucking fast. And not just in a straight line, either…

ok point one and my most important point

  • IF GM is to file chapter 7 bankruptcy (just like circuit city) that would INSTANTLY cause a world wide depression. That’s not an opinion it’s a FACT!

Second point

  • It’s a whole lot cheaper for the government to pay 20 billion now to help keep gm afloat and in business then to pay the 120 billion it would have to pay out in back owed payments debt that GM is currently owing. Again not an opinion it’s a FACT

now onto the nit picking of the past mis-informed post from before

-It’s way cheaper for GM to make a Chevy Silverado for people who need work trucks or a cheaper truck and a GMC truck for the people who need a truck for the bed to help move things around at there house or what not but also use it as a family vehicle. It cost GM a few dollars more to re badge a vehicle for multiple lines for (although small) different buyer markets, then to go and redesign a vehicle for each individual brand.
it’s cheaper to make the vehicles on the line since they share major componets. it’s cheaper since they don’t have to keep multiple plants open to make the cars. It’s cheaper to train techs. etc. etc. etc. This is why GM does this so much.

Next, UAW

UAW is like a little kid who has been spoiled for the last 30 years. They have been getting everything and giving nothing back. Now that times have become tough they don’t want to give anything up. Sure they give up small things here and there every now and then but in the grand scheme of things they have been nothing short of selfish. GM for years has been trying to get the UAW to reform and put them into the same salary structures that honda/toyota/nissian factory works are on, the UAW doesn’t want any part of this and almost stupidly doesn’t realize that they are the ones driving the company into the ground and making there own workers at risk to lose there cushy factory jobs.

Now as for the money issue and where it’s going

the money is being used to pay for marketing and daily operations of factories and distribution. This ties back into the UAW contract saying that GM is still footing the medical bill for hundred of thousands of retired workers and there families as well as current employees and there families. That alone is a fortune to keep up with. Marketing as well is a large amount and GM has to keep marketing high to help keep customers come in to look at vehicles.

This is all really just a viscous cycle that needs to be resolved and after reading over a large part of the 115 page e-mail gm sent to congress on their restructure plan. The plan has good ideas but with a lot of red tape that needs to get cut to help make things work. The next few months has a lot of groups both congress and GM figuring out logistics of future plans and nailing down a lot of lose ends… by the end of summer GM will have VERY CLEAR plan as to where the company is going to be in the next 5 years and in the next 20