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10-12-2008, 01:50 PM | #1 | ||
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GM/Ford and Chrysler to add new garbage.
http://www.nytimes.com/2008/10/12/bu...f1c&ei=5087%0A
Oh yah what a great **CKING idea. So what will happen to the SRT lable ? will that be offerd in a Cobalt now I think I can get any otter to run GM better then any one else in the past R0bman ? Another bright idea by Rick the bong smoking wagner & bob putz. nothing bob's,putz & lutz like a GM product Quote:
Quote:
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10-12-2008, 01:53 PM | #2 |
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Who Cares?
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10-12-2008, 02:04 PM | #3 |
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People need to understand something about automotive manufacturer acquisitions. Models will not be shared. The only aspect that gets combined and consolidated is resources... Parts storage facilities, logistics departments, vehicle preparation centers, HR departments, etc. Revenue is created by combining resources to offer twice the product, at a reduced overhead cost.
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10-12-2008, 02:07 PM | #4 | |
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Quote:
yeah and lots of people axe and canned. oh forgot to mention all of the f2 visa new employees comming over from China and India |
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10-12-2008, 02:08 PM | #5 |
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10-12-2008, 02:09 PM | #6 |
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the cobalt is clearly an srt4 in disguise anyway. might as well get the correct badge on it.
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10-12-2008, 02:42 PM | #7 | |
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Saab 9-2X/WRX Saturn Sky/Opel GT/Pontiac Solstice/Daewoo G2X etc... I figure chevy will come out with a mondeo before too long. |
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10-12-2008, 03:57 PM | #8 |
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10-12-2008, 04:10 PM | #9 |
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Isn't Chrysler owned by Daimler? Why are they talking about GM merging with just Chrysler? Is Daimler getting rid of Chrysler?
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10-12-2008, 04:12 PM | #10 |
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Daimler got rid of Chrysler a while ago.
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10-12-2008, 04:20 PM | #11 | |
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Everyone on this forum is MASSIVELY against most american vehicles but there are quite a few cars that I'm interested in in almost every segment. |
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10-12-2008, 04:26 PM | #12 |
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WT2DA:
http://forums.nasioc.com/forums/show....php?t=1614888 GM has been bankrupt, on paper, for quite a while. Delpi could still sink them, and worthless full-size SUV's coming off lease could still sink GMAC too. GM had enough cash to keep going for about 9 quarters at their burn rate last quarter. That was before credit dried up, and with delaying their big payment to the UAW's pension fund... With the government loan guarantees they received they might survive. They'd do better with a partner though (they'd get a bigger chunk of the loans). |
10-12-2008, 04:26 PM | #13 |
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You are missing the point completely. That was due to original planning, not an acquisition.
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10-12-2008, 04:27 PM | #14 |
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10-12-2008, 04:40 PM | #15 | ||
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Quote:
http://money.cnn.com/2007/05/14/news...sale/index.htm Quote:
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10-12-2008, 04:41 PM | #16 | |
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Quote:
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10-12-2008, 05:01 PM | #17 |
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**** man you would be perfect for the job to work at GM , Anger /rage / just a 10th shy of going postal in you're cubecle - man with that rage we might see an STI-ZR1 cross over from your rage
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10-12-2008, 05:40 PM | #18 |
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10-12-2008, 11:37 PM | #19 |
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The BEST thing that could EVER happen to Ford, GM, Chrysler USA is that they go under. This empowers them to come back as Ford Motor Car instead of Ford Motor Company etc etc. It flushes the crap from the company (upper, middle, lower management) rids the companies of the UAW, and allows them to actually start making money in their home markets instead of depending on the rest of the world to keep them afloat.
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10-12-2008, 11:46 PM | #20 |
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If they went under my neighborhood would turn into a ghetto overnight. It is pretty scary how many communities around her completely depend on Ford and Chrysler to barely keep their head above water.
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10-12-2008, 11:52 PM | #21 |
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10-13-2008, 12:02 AM | #22 |
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If any of the Detroit automakers went under, we wouldn't be using the word Recession to describe the economy - it would be Depression.
Like it or not, but they are a HUGE chunk of the American economy (sure, not as big as they used to be, but still huge) - GM alone employs something like 150,000 people directly... probably 10x that amount indirectly. Any of the Detroit automakers going under is simply not an option. Of course GM buying up Chrysler is simply a dumb move - both are very weak automakers with a ton of overlap, and almost all that overlap is in the same declining markets. Makes no sense to merge 2 companies that would bring essentially the same failings to the table. If GM bought Chrysler simply to get a bigger chunk of the $25B government loan, even that doesn't make much sense either. What's worse is that these merger rumors distract upper management at a time when they should be focusing on improving their damn products - GM is getting lots better, but obviously not fast enough. |
10-18-2008, 06:11 PM | #23 | |
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OMG, Otters were going to have 31 flavors of Vanilla now that GM and Chrysler are set to merge. I just only see Chrysler & teh Mopar getting axled and products evetually becomming GM.
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10-18-2008, 06:22 PM | #24 |
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Yeah, merge with Chrysler, raid their piggy bank, then merge chevy trucks and dodge trucks into GMC - drop the duradud and mate the cummins to the allison, then drop buick, chrysler, and pontiac. Chevy should be the sporting car brand, Dodge should be the family car brand, Jeep should be the SUV brand, GMC should be the truck brand, and Cadillac should be the luxury car brand. Have I missed anything? Oh, foreign brands - sell them off? Bring over US versions of good foreign cars?
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10-18-2008, 07:50 PM | #25 | |
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GM wants Chrysler because even though Chrysler lost the largest percentage of sales of ANY US automaker last year they also have that largest amount of cash reserves of any of the three. Around $11bn, and considering it is speculated that GM will reach its minimum operating budget of $14bn next year an $11bn CASH injection would help. Also GM would be getting rid of their remaining 49% stake in GMAC which has been partially crippled by the sub-prime mess. GM would own 100% of Chrysler as Cerebrus is in talks with Diamler to aquire Diamlers remaining 18.9% stake in Chrylser, which would then be sold off to GM. |
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