Comments on: GM to receive $4 billion in aid

By: Dlr1

Dlr1 — Wed, 18 Feb 2009 11:54:17 +0000

I still cant see how they can survive without bankruptcy protection. They are still losing money, these latest handouts (or loans if you must call them that) are only delaying the inevitable… insolvency. At some point they must admit they are technically trading while insolvent. But the GM response is typical… we know how to save ourselves… we are restructuring… we have new products… but without bankruptcy they are in exactly the same position that they were in 6,12 or 24 months ago when it comes to negotiating with creditors and the UAW legacy costs. Admit it GM, you’re broke! File for bankruptcy and cut the ties to the UAW contracts that are still dragging you down!

By: topdog

topdog — Wed, 18 Feb 2009 11:51:07 +0000

That web site paints a frighting picture of gm

By: topdog

topdog — Wed, 18 Feb 2009 11:38:57 +0000

Hay wouldnt it be cheaper for gm to just give the cars away for half price for half the year get heaps turn over keep all the jobs and not have to borrow half as much money till thay fix up what thay got to do

By: topdog

topdog — Wed, 18 Feb 2009 11:35:39 +0000

Touring cars will be mid sized cars with v6s thats what will be the core selling cars in the near futer i think

By: SteveC

SteveC — Wed, 18 Feb 2009 10:43:37 +0000

Why bet on last place?

Why put money into a sinking ship?

Stupid people. This is going to suck for the rest of our future, our kids future and their kids future.

SteveC

By: Andrew M

Andrew M — Wed, 18 Feb 2009 09:34:04 +0000

QUOTE………..The Salesman……
Maybe the fed gov should just buy us all new Holdens to drive?

You know what Henry Ford did when nobody could afford to buy vehicles?????
he gave all of his workers a raise so they could afford to.

and that wasnt the first nor last thing to come from his very switched on noggin

By: spellbound

spellbound — Wed, 18 Feb 2009 09:02:18 +0000

Frontman your so right , ford is lucky its got a euro division thats producing world class cars .
Its time for the americans to scrap all the crap their making and look to euro/japan for class leading cars to produce in north america .

Sorry to say but in a shrinking market large rwd is dead in the water .

Guess touring car racing in Oz might be fwd /awd 2 litre class come 2010

By: Wheelnut

Wheelnut — Wed, 18 Feb 2009 08:40:01 +0000

Sales man says: “Maybe the fed gov should just buy us all new Holdens to drive?”

Dan Says: LOL! I’d rather walk!

That’s okay Dan I will have yours then.

I can have a VE SS Ute and a Sportwagon or maybe WM Statesman with a “BOSE” premium Stereo.

Or a WPS enhanced Clubsport [with a supercharger of course] or a W-427.. Decisions Decisions

By: Frontman

Frontman — Wed, 18 Feb 2009 07:40:16 +0000

The biggest laugh is that Forums like this less than 12 months ago were filled with the absolute truth that FORD was about to go under!! Ford would die the MMAL death and become an importer leaving the mighty Holden and Toyota as the only vehicles worthy of manufacturing in Australia.
How much wisdom and foresight actually passes through these pages of public opinion

By: Limited Slip

Limited Slip — Wed, 18 Feb 2009 07:12:19 +0000

The fact is that there WILL be jobs lost at Holden. Poor sales, loss of design programs, cancellation of exports, poor performing existing exports and a heavy reliance on crappy daewoo’s will no doubt result in alot of sackings.