# GM bankrupt!!??? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [October 8, 2008, 9:51pm UTC](https://forums.speedlife.net/t/gm-bankrupt/56161 "2008-10-08T21:51:41Z")\ **Posts on this page:** 20\ **Page:** 4
**Author:** ![joelster](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joelster/32/7258_2.png) [@joelster](https://forums.speedlife.net/u/joelster)\ **Post date:** [October 9, 2008, 9:19am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/61 "2008-10-09T09:19:01Z")
> [@Blue Eyed Devil](#): > > What union are you in? > Do you have foreign competition or are you in construction, teaching, govt, etc that has no competition? UPS= Teamster, our competition is FedEx=non-union and DHL=non-union ---
**Author:** ![FourEyed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/foureyed/32/7216_2.png) [@FourEyed](https://forums.speedlife.net/u/FourEyed)\ **Post date:** [October 9, 2008, 9:22am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/62 "2008-10-09T09:22:05Z")
hmm… i was going to go today after work to sign for a new sierra. I hope I can still get that deal I worked out. ---
**Author:** ![jt76](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jt76/32/5100_2.png) [@jt76](https://forums.speedlife.net/u/jt76)\ **Post date:** [October 9, 2008, 9:33am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/63 "2008-10-09T09:33:00Z")
GM sucks wah wah wah from a bunch of retards driving 15+ year old shitboxes that they pretend are race cars, Nyspeed at its finest. Stop being poor. ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [October 9, 2008, 9:42am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/64 "2008-10-09T09:42:40Z")
Maybe the govt should pay for all of the alternative fuel crap they made automakers put tons of money into. Once again the govt stuck it’s nose into private industry… I bet GM wishes they had all of that money right about now. ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 10:19am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/65 "2008-10-09T10:19:42Z")
> [@jt76](#): > > GM sucks wah wah wah from a bunch of retards driving 15+ year old shitboxes that they pretend are race cars, Nyspeed at its finest. Stop being poor. I hope you don’t mean me. My car is newer than yours:eekdance: ---
**Author:** ![BREETIME](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/breetime/32/5214_2.png) [@BREETIME](https://forums.speedlife.net/u/BREETIME)\ **Post date:** [October 9, 2008, 10:21am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/66 "2008-10-09T10:21:43Z")
i have a feeling a steady turn of horrible events will plague this country until it is considered 3rd world… ---
**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\ **Post date:** [October 9, 2008, 10:23am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/67 "2008-10-09T10:23:48Z")
> [@BREETIME](#): > > i have a feeling a steady turn of horrible events will plague this country until it is considered 3rd world… yup or close to it give it 30 years at this rate ---
**Author:** ![PureXTC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/purextc/32/5223_2.png) [@PureXTC](https://forums.speedlife.net/u/PureXTC)\ **Post date:** [October 9, 2008, 10:24am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/68 "2008-10-09T10:24:35Z")
> [@LZ](#): > > We have this debate over and over…the past 4-6 years GM has really turned around all its products and is producing a much better quality of car… > > I truly love all you people who want GM to fail…I hope you have a solid job along with your friends, family and neighbors… > > Edit: I also love all the GM haters who drive mid 90s shit box Hondas and other assorted POS cars… I no longer hate you. ---
**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\ **Post date:** [October 9, 2008, 10:29am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/69 "2008-10-09T10:29:10Z")
\<3 ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [October 9, 2008, 10:30am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/70 "2008-10-09T10:30:35Z")
> [@BREETIME](#): > > i have a feeling a steady turn of horrible events will plague this country until it is considered 3rd world… Oh sure he can say it! I would get flamed to death for that kind of statement.:mamoru: ---
**Author:** ![BREETIME](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/breetime/32/5214_2.png) [@BREETIME](https://forums.speedlife.net/u/BREETIME)\ **Post date:** [October 9, 2008, 10:31am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/71 "2008-10-09T10:31:27Z")
> [@Dr.Stevil](#): > > yup or close to it > > give it 30 years at this rate thank god ill live that long! ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 10:35am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/72 "2008-10-09T10:35:28Z")
> [@joelster](#): > > Bingo! > > I try my best to purchase American made things whenever possible. I will never buy an import car for this reason alone. I don’t give a shit if your new Toyota was built by Americans in North Dakota or wherever. A huge portion of the money you spent on it went over to that little island in the Pacific. > > The import guys always bash the shit out of American cars. It’s always about the dumbest shit though…OMG plastic in the interior OMG WTF!!! OMG, that car is so hideous!!! (coming from a guy who drives a Civic). Maybe they aren’t the best of the best, who knows. Do you really need a car that is perfect? A car that requires zero maintanance? American cars built today are light years better than the ones built in the 70’s, 80’s and 90’s. I’m pretty sure I could hop in a $30,000 VW and laugh my ass off at it’s severe lack of power, and then after 30,000 miles when I go to replace the brake pads/rotors, find out that I have to order them through the dealer ($$$$) instead of just heading to AutoZone. There are perks to owning an American car that people always overlook. > > As for $70,000 'Vette’s, I have seen several Z06’s cruising around, and there is a shitton of people, in this area alone, who can afford them. Funny, I bought my VW to get me from point A to point B and be comfortable, and safe doing so. Also, When I did my brakes at 27k I went to my work ADVANCE AUTO, and I purchased brake pads and rotors. ZOMG they were American made too! I buy American products as well. They may not be American cars, but they are still products manufactured here. Oh and btw, my winter car is a GM product. ---
**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\ **Post date:** [October 9, 2008, 10:38am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/73 "2008-10-09T10:38:26Z")
This thread made me realize just who the biggest douches on this website are. It is a tie between Just Karter and CKY89 for ultime douche of the world ---
**Author:** ![traumadog](https://avatars.discourse-cdn.com/v4/letter/t/8baadc/32.png) [@traumadog](https://forums.speedlife.net/u/traumadog)\ **Post date:** [October 9, 2008, 10:40am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/74 "2008-10-09T10:40:44Z")
> [@joelster](#): > > …Why do we always have to make our decisions based on this? GM could build a kick-ass Cobalt that gets 25/35 mpg and costs $20,000. Then Honda could come out with a new Civic that gets 25/35 and costs $19,999. Guess which one would sell the most? Lemme see… new '08 Cobalt SS/TC: 1. wins a Road and Track comparison test between it, the Mazdaspeed 3, WRX and Lancer Ralliart… as a _4-door_, and without the optional LSD. 2. also does the Car and Driver “Lightning Lap” of VIR only 1/2 second behind a 350Z Track (3:13:0 sec for the Cobalt, 3:12.5 for the 350Z Track, 3:16:0 for the MS3, 3:13.3 for the Mitsubishi Evo MR, 3:15:00 for the Honda S2000 CR, 3:19.0 for the Subaru WRX STi, 3:21.8 for the VW R32, and 3:24.8 for the Honda Civic Mugen Si). So you can’t argue that GM hasn’t invested enough engineering tech to make their cars “better”. Yet I’d bet it still can’t get any love from the public, despite being roughly $23,500 as tested, and cheaper than alot of the cars it’s being pitted against. [http://www.roadandtrack.com/article.asp?section\_id=31&article\_id=7103](http://www.roadandtrack.com/article.asp?section_id=31&article_id=7103) [http://www.caranddriver.com/content/download/122224/1656509/version/1/file/The+Lightning+Lap%2C+2008+Results.pdf](http://www.caranddriver.com/content/download/122224/1656509/version/1/file/The+Lightning+Lap%2C+2008+Results.pdf) ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 10:42am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/75 "2008-10-09T10:42:20Z")
> [@Quattro Krant](#): > > This thread made me realize just who the biggest douches on this website are. It is a tie between Just Karter and CKY89 for ultime douche of the world Cool. You don’t even know me you piece of shit. Die in a fire. Faggot. If I could afford a GTO I’d own one. If I could afford a Vette I’d own one. If I could afford a TBSS I’d own one. If I could afford a Chevy pickup I’d own one. None of them are worth what they sell for though. And who the hell wants to shell out all the cash for all that gas for those big V8’s? All the econo cars are a shitty value if you look at it. Why am I going to buy a 16k cobalt and have it worth 10k a year later?! I can buy a new civic for 18k and sell it for 16k a year later. It makes no sense you dickfuck. IS MY NAME CKY89? NO! I don’t use capslock you fucking retard. Get it the fuck right KRANT. ---
**Author:** ![PureXTC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/purextc/32/5223_2.png) [@PureXTC](https://forums.speedlife.net/u/PureXTC)\ **Post date:** [October 9, 2008, 10:43am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/76 "2008-10-09T10:43:50Z")
Heres how GM will reduce workforce wages: Delphi did this 2 years ago. To make a long story short. They will file Chapter 11. GM won’t have to obey any current contracts. UAW members will be offer 140k (taxed of course) to sever all ties with GM. Or they can stay for 14.50-18.50 (depending on job) and recieve a 35k bonus, once a year for 3 years. After which they will only make the lower wage with no bonuses. All bought out workers will be replaced with new workers making the low wage. Also, our benefits at Delphi used to be premium. Now they are barely anything. Delphi has saved a ton by doing this. GM will follow suit. I give it 5 years. Yes the UAW will probably strike. But after reality hits, it will be business as usual. BTW, Delphi did not strike when our new contract was implemented. ---
**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\ **Post date:** [October 9, 2008, 10:46am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/77 "2008-10-09T10:46:01Z")
> [@PureXTC](#): > > Heres how GM will reduce workforce wages: Delphi did this 2 years ago. > > To make a long story short. They will file Chapter 11. GM won’t have to obey any current contracts. UAW members will be offer 140k (taxed of course) to sever all ties with GM. Or they can stay for 14.50-18.50 (depending on job) and recieve a 35k bonus, once a year for 3 years. After which they will only make the lower wage with no bonuses. All bought out workers will be replaced with new workers making the low wage. Also, our benefits at Delphi used to be premium. Now they are barely anything. Delphi has saved a ton by doing this. GM will follow suit. I give it 5 years. > > Yes the UAW will probably strike. But after reality hits, it will be business as usual. > > BTW, Delphi did not strike when our new contract was implemented. where do you work? the lockport plant? ---
**Author:** ![PureXTC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/purextc/32/5223_2.png) [@PureXTC](https://forums.speedlife.net/u/PureXTC)\ **Post date:** [October 9, 2008, 10:48am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/78 "2008-10-09T10:48:11Z")
> [@cky89](#): > > If I could afford a Chevy pickup I’d own one. 20k for a brand new silverado ---
**Author:** ![PureXTC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/purextc/32/5223_2.png) [@PureXTC](https://forums.speedlife.net/u/PureXTC)\ **Post date:** [October 9, 2008, 10:48am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/79 "2008-10-09T10:48:26Z")
> [@Dr.Stevil](#): > > where do you work? the lockport plant? Yes ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 10:50am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/80 "2008-10-09T10:50:02Z")
I realize that’s cheap, and honestly I’d love a truck like that. If I could get rid of my car for a decent amount of cash I’d honestly go pick one up. I don’t HATE GM. They have the biggest line of vehicles in the country. They DO make some quality vehicles, while others are shit. If they dropped some of their line, and really focused on the best sellers they would produce some phenomenal vehicles. [Previous page](https://forums.speedlife.net/t/gm-bankrupt/56161.md?page=3) [Next page](https://forums.speedlife.net/t/gm-bankrupt/56161.md?page=5)