LS1 power
I ♥ Acer
Joined: Feb 2004
Posts: 969
From:
RE: LS1 power
ORIGINAL: Fat Nick
Your a ****ing idiot. One of the many things that is killing GM is all of their employees healthcosts. With an older workforce there price out of their pockets are 3.5x that of other brands such as Toyota. Cobalt has been out 6 mos, no way to project sales without even a full model year under the belt. And the GTO is a car that was never made nor commercialized to grab attention. They only made 14k of them in 04, and a few more k in 05.
The Mustang hasn't done **** to GM. If you look at the actual production numbers. Of course a dime-a-dozen Mustang is going to outsale a GTO when a GTO only comes one way, a real way like a real muscle car: rwd and v8 only, and coupe. Where as a Mustang is a 6,8, drop, or hardtop. Not to mention previous years also had Cobras.
And if GM is going out of business then why is there new for 07 model year Tahoes, Yukons, Subs, Escalades, etc. And new 07 trucks. And new for 06 Impala. And recently HHR, and Cobalt, etc. If they were hurting so bad then they wouldn't have the $ to come up with so many new models now would they?
ORIGINAL: jdaniel
Didnt GM just cut 30,000 jobs, closed 3 plants and plan on saving an estimated 13 BILLION dollars, shares are down to $21.29 per share and that is up from their record low of 20.90... the lowest its been in over two decades.
"They have the same issues in term of legacy costs," he told AFP. "If they had to follow the same path and file for bankruptcy as well, that would be a major issue."
We have been subject to an unprecedented attack on our wages," the UAW said on its website. "Delphi's solution is to force its workers to near poverty-level wages while rewarding executives with 90 million dollars in bonuses."
A strike at Delphi could interrupt production at GM, a costly interruption at a time where GM can ill afford it
GM has been struggling with a loss of profit and market share as consumers shy away from its gas-guzzling sport-utility vehicles. It lost 3.8 billion dollars in the first three quarter of 2005 and has seen sales drop by more than 20 percent in September and October".
That sounds like a bankruptcy case if I have ever heard of one! If you ask me, its all because the GTO is a massive failure across the board and the Cobalt is a non seller if I have ever seen one... because I have YET to see one in my town or anywhere near it. Argue the point all you would like, but the facts are that the Mustang itself has put GM, as a whole under the table.
Didnt GM just cut 30,000 jobs, closed 3 plants and plan on saving an estimated 13 BILLION dollars, shares are down to $21.29 per share and that is up from their record low of 20.90... the lowest its been in over two decades.
"They have the same issues in term of legacy costs," he told AFP. "If they had to follow the same path and file for bankruptcy as well, that would be a major issue."
We have been subject to an unprecedented attack on our wages," the UAW said on its website. "Delphi's solution is to force its workers to near poverty-level wages while rewarding executives with 90 million dollars in bonuses."
A strike at Delphi could interrupt production at GM, a costly interruption at a time where GM can ill afford it
GM has been struggling with a loss of profit and market share as consumers shy away from its gas-guzzling sport-utility vehicles. It lost 3.8 billion dollars in the first three quarter of 2005 and has seen sales drop by more than 20 percent in September and October".
That sounds like a bankruptcy case if I have ever heard of one! If you ask me, its all because the GTO is a massive failure across the board and the Cobalt is a non seller if I have ever seen one... because I have YET to see one in my town or anywhere near it. Argue the point all you would like, but the facts are that the Mustang itself has put GM, as a whole under the table.
The Mustang hasn't done **** to GM. If you look at the actual production numbers. Of course a dime-a-dozen Mustang is going to outsale a GTO when a GTO only comes one way, a real way like a real muscle car: rwd and v8 only, and coupe. Where as a Mustang is a 6,8, drop, or hardtop. Not to mention previous years also had Cobras.
And if GM is going out of business then why is there new for 07 model year Tahoes, Yukons, Subs, Escalades, etc. And new 07 trucks. And new for 06 Impala. And recently HHR, and Cobalt, etc. If they were hurting so bad then they wouldn't have the $ to come up with so many new models now would they?
Thats some ownage if i have ever seen it.
6th Gear Member
Joined: Oct 2005
Posts: 8,401
From: Montreal, Canada
RE: LS1 power
ORIGINAL: SilverBullet5.0
Thats some ownage if i have ever seen it.
ORIGINAL: Fat Nick
Your a ****ing idiot. One of the many things that is killing GM is all of their employees healthcosts. With an older workforce there price out of their pockets are 3.5x that of other brands such as Toyota. Cobalt has been out 6 mos, no way to project sales without even a full model year under the belt. And the GTO is a car that was never made nor commercialized to grab attention. They only made 14k of them in 04, and a few more k in 05.
The Mustang hasn't done **** to GM. If you look at the actual production numbers. Of course a dime-a-dozen Mustang is going to outsale a GTO when a GTO only comes one way, a real way like a real muscle car: rwd and v8 only, and coupe. Where as a Mustang is a 6,8, drop, or hardtop. Not to mention previous years also had Cobras.
And if GM is going out of business then why is there new for 07 model year Tahoes, Yukons, Subs, Escalades, etc. And new 07 trucks. And new for 06 Impala. And recently HHR, and Cobalt, etc. If they were hurting so bad then they wouldn't have the $ to come up with so many new models now would they?
ORIGINAL: jdaniel
Didnt GM just cut 30,000 jobs, closed 3 plants and plan on saving an estimated 13 BILLION dollars, shares are down to $21.29 per share and that is up from their record low of 20.90... the lowest its been in over two decades.
"They have the same issues in term of legacy costs," he told AFP. "If they had to follow the same path and file for bankruptcy as well, that would be a major issue."
We have been subject to an unprecedented attack on our wages," the UAW said on its website. "Delphi's solution is to force its workers to near poverty-level wages while rewarding executives with 90 million dollars in bonuses."
A strike at Delphi could interrupt production at GM, a costly interruption at a time where GM can ill afford it
GM has been struggling with a loss of profit and market share as consumers shy away from its gas-guzzling sport-utility vehicles. It lost 3.8 billion dollars in the first three quarter of 2005 and has seen sales drop by more than 20 percent in September and October".
That sounds like a bankruptcy case if I have ever heard of one! If you ask me, its all because the GTO is a massive failure across the board and the Cobalt is a non seller if I have ever seen one... because I have YET to see one in my town or anywhere near it. Argue the point all you would like, but the facts are that the Mustang itself has put GM, as a whole under the table.
Didnt GM just cut 30,000 jobs, closed 3 plants and plan on saving an estimated 13 BILLION dollars, shares are down to $21.29 per share and that is up from their record low of 20.90... the lowest its been in over two decades.
"They have the same issues in term of legacy costs," he told AFP. "If they had to follow the same path and file for bankruptcy as well, that would be a major issue."
We have been subject to an unprecedented attack on our wages," the UAW said on its website. "Delphi's solution is to force its workers to near poverty-level wages while rewarding executives with 90 million dollars in bonuses."
A strike at Delphi could interrupt production at GM, a costly interruption at a time where GM can ill afford it
GM has been struggling with a loss of profit and market share as consumers shy away from its gas-guzzling sport-utility vehicles. It lost 3.8 billion dollars in the first three quarter of 2005 and has seen sales drop by more than 20 percent in September and October".
That sounds like a bankruptcy case if I have ever heard of one! If you ask me, its all because the GTO is a massive failure across the board and the Cobalt is a non seller if I have ever seen one... because I have YET to see one in my town or anywhere near it. Argue the point all you would like, but the facts are that the Mustang itself has put GM, as a whole under the table.
The Mustang hasn't done **** to GM. If you look at the actual production numbers. Of course a dime-a-dozen Mustang is going to outsale a GTO when a GTO only comes one way, a real way like a real muscle car: rwd and v8 only, and coupe. Where as a Mustang is a 6,8, drop, or hardtop. Not to mention previous years also had Cobras.
And if GM is going out of business then why is there new for 07 model year Tahoes, Yukons, Subs, Escalades, etc. And new 07 trucks. And new for 06 Impala. And recently HHR, and Cobalt, etc. If they were hurting so bad then they wouldn't have the $ to come up with so many new models now would they?
Thats some ownage if i have ever seen it.
I ♥ Acer
Joined: Apr 2004
Posts: 9,172
From:
RE: LS1 power
Damn, Silver... if you call that block of BS your buddy wrote "Ownage" then you need to go back to school. Obvisously he didnt read that the reason that GM's stock isnt worth crap now is because of the heavy SUVs and other gas guzzlers they are putting on the market. If your ignorant friend hadnt got all pissy at the facts then he would have realized he answered his own question... 2007 Tahoes and other gas guzzlers ARE on the market... and thats exactly whats breaking them. So the road they pave will eventually come to a dead end because gas prices arent going up. The market for these SUVs are middle class families... and as the gas prices go up their income stays the same and GMs stock falls even further scaring away any potential investors leading to the ultimate of sacrifices, BANKRUPTCY. Either way, if GM doesnt do something about their over priced SUVs and ****ty sports cars then they will go broke, and im sorry to say but reguardless of what you GM lovers here think... you aint gonna save GM by fighting for them on a Mustang forum.
6th Gear Member
Joined: Jan 2004
Posts: 10,639
From: IL
RE: LS1 power
ORIGINAL: Fat Nick
Your a ****ing idiot. One of the many things that is killing GM is all of their employees healthcosts. With an older workforce there price out of their pockets are 3.5x that of other brands such as Toyota. Cobalt has been out 6 mos, no way to project sales without even a full model year under the belt. And the GTO is a car that was never made nor commercialized to grab attention. They only made 14k of them in 04, and a few more k in 05.
The Mustang hasn't done **** to GM. If you look at the actual production numbers. Of course a dime-a-dozen Mustang is going to outsale a GTO when a GTO only comes one way, a real way like a real muscle car: rwd and v8 only, and coupe. Where as a Mustang is a 6,8, drop, or hardtop. Not to mention previous years also had Cobras.
And if GM is going out of business then why is there new for 07 model year Tahoes, Yukons, Subs, Escalades, etc. And new 07 trucks. And new for 06 Impala. And recently HHR, and Cobalt, etc. If they were hurting so bad then they wouldn't have the $ to come up with so many new models now would they?
ORIGINAL: jdaniel
Didnt GM just cut 30,000 jobs, closed 3 plants and plan on saving an estimated 13 BILLION dollars, shares are down to $21.29 per share and that is up from their record low of 20.90... the lowest its been in over two decades.
"They have the same issues in term of legacy costs," he told AFP. "If they had to follow the same path and file for bankruptcy as well, that would be a major issue."
We have been subject to an unprecedented attack on our wages," the UAW said on its website. "Delphi's solution is to force its workers to near poverty-level wages while rewarding executives with 90 million dollars in bonuses."
A strike at Delphi could interrupt production at GM, a costly interruption at a time where GM can ill afford it
GM has been struggling with a loss of profit and market share as consumers shy away from its gas-guzzling sport-utility vehicles. It lost 3.8 billion dollars in the first three quarter of 2005 and has seen sales drop by more than 20 percent in September and October".
That sounds like a bankruptcy case if I have ever heard of one! If you ask me, its all because the GTO is a massive failure across the board and the Cobalt is a non seller if I have ever seen one... because I have YET to see one in my town or anywhere near it. Argue the point all you would like, but the facts are that the Mustang itself has put GM, as a whole under the table.
Didnt GM just cut 30,000 jobs, closed 3 plants and plan on saving an estimated 13 BILLION dollars, shares are down to $21.29 per share and that is up from their record low of 20.90... the lowest its been in over two decades.
"They have the same issues in term of legacy costs," he told AFP. "If they had to follow the same path and file for bankruptcy as well, that would be a major issue."
We have been subject to an unprecedented attack on our wages," the UAW said on its website. "Delphi's solution is to force its workers to near poverty-level wages while rewarding executives with 90 million dollars in bonuses."
A strike at Delphi could interrupt production at GM, a costly interruption at a time where GM can ill afford it
GM has been struggling with a loss of profit and market share as consumers shy away from its gas-guzzling sport-utility vehicles. It lost 3.8 billion dollars in the first three quarter of 2005 and has seen sales drop by more than 20 percent in September and October".
That sounds like a bankruptcy case if I have ever heard of one! If you ask me, its all because the GTO is a massive failure across the board and the Cobalt is a non seller if I have ever seen one... because I have YET to see one in my town or anywhere near it. Argue the point all you would like, but the facts are that the Mustang itself has put GM, as a whole under the table.
The Mustang hasn't done **** to GM. If you look at the actual production numbers. Of course a dime-a-dozen Mustang is going to outsale a GTO when a GTO only comes one way, a real way like a real muscle car: rwd and v8 only, and coupe. Where as a Mustang is a 6,8, drop, or hardtop. Not to mention previous years also had Cobras.
And if GM is going out of business then why is there new for 07 model year Tahoes, Yukons, Subs, Escalades, etc. And new 07 trucks. And new for 06 Impala. And recently HHR, and Cobalt, etc. If they were hurting so bad then they wouldn't have the $ to come up with so many new models now would they?
Maybe learn a little something instead of just claiming the Mustang is going to put GM out of business. That is by far one of the stupidest things I've ever heard.
I ♥ Acer
Joined: May 2004
Posts: 2,435
From:
RE: LS1 power
The comments made about GM are ignorant and stupid. GM IS NOT GOING UNDER. I am a Ford guy but the dumb comment made about how the Mustang is single handedly taking out GM is just stupid. GM only makes 2 cars I like if you don't count caddy which is the GTO and the Vette. However they are still selling plenty of cars whether it be to older people, to rental car agencies or to whoever else they are selling. You need to check your precious Ford stock which is also down. Like I said I love Ford and I consider myself a Ford guy but you guys bashing GM are just making stuff up and making yourselfs look stupid.
Retired MF Moderator
Joined: Apr 2004
Posts: 7,156
From: I live in Canada, eh
RE: LS1 power
ORIGINAL: Sidewayz6.0
Unreal. It's like these guys see one thing in a magazine and run with it. Fat Nick is completely right on with the healthcare costs. GM has been for years trying to get rid of the old UAW contract with the union. Every time they cut jobs, those employees get 90% of their full salary. They also get their healthcare paid for LIFE! It's not GM's cars that are going to force them into bankruptcy. It's the union. And the only reason they would consider it is to get around paying all these people their full salary and healthcare costs.
Maybe learn a little something instead of just claiming the Mustang is going to put GM out of business. That is by far one of the stupidest things I've ever heard
ORIGINAL: Fat Nick
Your a ****ing idiot. One of the many things that is killing GM is all of their employees healthcosts. With an older workforce there price out of their pockets are 3.5x that of other brands such as Toyota. Cobalt has been out 6 mos, no way to project sales without even a full model year under the belt. And the GTO is a car that was never made nor commercialized to grab attention. They only made 14k of them in 04, and a few more k in 05.
The Mustang hasn't done **** to GM. If you look at the actual production numbers. Of course a dime-a-dozen Mustang is going to outsale a GTO when a GTO only comes one way, a real way like a real muscle car: rwd and v8 only, and coupe. Where as a Mustang is a 6,8, drop, or hardtop. Not to mention previous years also had Cobras.
And if GM is going out of business then why is there new for 07 model year Tahoes, Yukons, Subs, Escalades, etc. And new 07 trucks. And new for 06 Impala. And recently HHR, and Cobalt, etc. If they were hurting so bad then they wouldn't have the $ to come up with so many new models now would they?
ORIGINAL: jdaniel
Didnt GM just cut 30,000 jobs, closed 3 plants and plan on saving an estimated 13 BILLION dollars, shares are down to $21.29 per share and that is up from their record low of 20.90... the lowest its been in over two decades.
"They have the same issues in term of legacy costs," he told AFP. "If they had to follow the same path and file for bankruptcy as well, that would be a major issue."
We have been subject to an unprecedented attack on our wages," the UAW said on its website. "Delphi's solution is to force its workers to near poverty-level wages while rewarding executives with 90 million dollars in bonuses."
A strike at Delphi could interrupt production at GM, a costly interruption at a time where GM can ill afford it
GM has been struggling with a loss of profit and market share as consumers shy away from its gas-guzzling sport-utility vehicles. It lost 3.8 billion dollars in the first three quarter of 2005 and has seen sales drop by more than 20 percent in September and October".
That sounds like a bankruptcy case if I have ever heard of one! If you ask me, its all because the GTO is a massive failure across the board and the Cobalt is a non seller if I have ever seen one... because I have YET to see one in my town or anywhere near it. Argue the point all you would like, but the facts are that the Mustang itself has put GM, as a whole under the table.
Didnt GM just cut 30,000 jobs, closed 3 plants and plan on saving an estimated 13 BILLION dollars, shares are down to $21.29 per share and that is up from their record low of 20.90... the lowest its been in over two decades.
"They have the same issues in term of legacy costs," he told AFP. "If they had to follow the same path and file for bankruptcy as well, that would be a major issue."
We have been subject to an unprecedented attack on our wages," the UAW said on its website. "Delphi's solution is to force its workers to near poverty-level wages while rewarding executives with 90 million dollars in bonuses."
A strike at Delphi could interrupt production at GM, a costly interruption at a time where GM can ill afford it
GM has been struggling with a loss of profit and market share as consumers shy away from its gas-guzzling sport-utility vehicles. It lost 3.8 billion dollars in the first three quarter of 2005 and has seen sales drop by more than 20 percent in September and October".
That sounds like a bankruptcy case if I have ever heard of one! If you ask me, its all because the GTO is a massive failure across the board and the Cobalt is a non seller if I have ever seen one... because I have YET to see one in my town or anywhere near it. Argue the point all you would like, but the facts are that the Mustang itself has put GM, as a whole under the table.
The Mustang hasn't done **** to GM. If you look at the actual production numbers. Of course a dime-a-dozen Mustang is going to outsale a GTO when a GTO only comes one way, a real way like a real muscle car: rwd and v8 only, and coupe. Where as a Mustang is a 6,8, drop, or hardtop. Not to mention previous years also had Cobras.
And if GM is going out of business then why is there new for 07 model year Tahoes, Yukons, Subs, Escalades, etc. And new 07 trucks. And new for 06 Impala. And recently HHR, and Cobalt, etc. If they were hurting so bad then they wouldn't have the $ to come up with so many new models now would they?
Maybe learn a little something instead of just claiming the Mustang is going to put GM out of business. That is by far one of the stupidest things I've ever heard
There is also the changing cost of financing which is affecting GM heavily. i.e. they loaned out millions of dollars at ridiculously low interest rates and now that the rates are going back up, their future projections are very poor.
anyway, this thread is friggin retarded. I am locking it.
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