Comments on: GM Hits 58 Year Low

By: WK

WK — Fri, 10 Oct 2008 22:31:09 +0000

Sharon S. I have to comment on your response to Steve. First- maybe you should learn how to spell, go back to school. how can he except your apology? I think you mean accept.

As for the comment about go to where you bought your car…… You do know that a Toyota Camry, for example, is built in Indiana? So if he buys a CAmry, under your views, he can still live in America?

The Big 3- deserve what they get. The history of poor quality, poor fuel economy, and inferior service has made them fall to the deserved place in the auto market.

Before you attack me, I own 2 U.S. company made cars. Jeep and Dodge.

The U.S. auto companies need to begin to focus on the need for alternative fuels, fuel economy and green production. These are all areas the foreign companies are leading the U.S.

I will most likely buy U.S. next purchase, but will look for what fits my needs best.

By: Greg

Greg — Fri, 10 Oct 2008 15:42:53 +0000

The American consumer has unfortunately driven the death nail in the American automobile industry because the big three has a long history of producing inferior products to those of other companies (yeah, Toyota, Honda and others). Next they put all of their efforts into answering the demands of the American consumer to buy progressively bigger and bigger vehicles. Then when the American consumer figured out that it was costing them a hundred dollars to put a tank of gas into that monster in the driveway they quit buying them. The big three has tens of thousands of vehicles that nobody wants. Bill Heard automotive group didn’t close because they had more customers than vehicles to sell. They closed because nobody wanted the products they offered. Yes, the unions have a huge part in this too. Somebody with a high school education from the pitiful Detroit school system should not be paid $20 – 30 per hour to build cars. Nobody wants the laborers from the rust belt because they are overpaid for what they do. They lack the education and job skills to do anything but assemble stuff on an manufacting line. Is it surprising that sooooo many American companies left Michigan, Indiana, Ohio and Illinois to move to Alabama, Georgia, South Carolina and other parts of the South. Those that didn’t move to the South moved off shore to take advantage of Asian or Mexican labor (ie: cheap labor).

I would hate to be in management of one of the big Three. The questions are “far above their pay grade” (in spite of how many millions they are being paid).

By: Steve

Steve — Fri, 10 Oct 2008 14:56:30 +0000

FYI: for those of you bad mouthing me and telling me to go to the country I bought the car from, well I am already living there and it is the USA. All but one of my vehicles over the last 40 years have been made in America. GM products are of poor quality. I have known far to many people with GM products that wish they never bought from GM.

I am not and idiot, just a smarter consumer than you GM supporters and most likely GM share holders who’s stock value has plummeted.

Enjoy your GM (G)junk (M)otors.

By: K. Ross

K. Ross — Fri, 10 Oct 2008 12:33:44 +0000

A.J. hits the nail on the head. The Dems want to complain about jobs going overseas. The truth is companies pull up stakes and go where labor is reasonable and taxes are fair. There is truth that some businesses would take advantage of off shore opportunities regardless but most companies understand who butters the bread. I grew up in a mining area and in the 70’s the labor unions decided to strike for more money and more benefits. Not too many folks remember what the dollar could buy then but the common laborer made more than 13 dollars an hour. Skilled labor was close to 20 dollars an hour. The mining company couldn’t afford to stay in production (iron ore) and pulled up much of their stakes and moved to Brazil. They continue to have some interest where they were but more is overseas. They were labor and tax poor. GM won’t fold the employees won’t allow it, the country won’t allow it, and now may just be a good time for a gut check and buy some stock. They will reorganize and find the products to appeal. I am going to toss a few bucks their way. Chrysler came back from the dead, so will GM and Ford.

By: Skilbovia

Skilbovia — Fri, 10 Oct 2008 12:17:25 +0000

When times are tough, big balky conpanies get taken out by fast moving startups with lower costs, dedicated employees willing to work longer hours for less to see their companies make make it. 60 Minutes on Sunday showed that there are 5 companies in Silicon Valley working on battery powered vehicles nonstop. They then interviewed Bob Lutz, mid 70’s with his own private jets and personal helicopter who said that the Chevy Volt will be a family car debuting in 2010 at $40,000 which at that price will still lose money.
I wonder who has more incentive to succeed. I wonder where the technology advances to make the electric vehicle viable will come. I’m betting that silicon valley will have the edge over Detroit on this one.

By: Rich

Rich — Fri, 10 Oct 2008 02:49:53 +0000

To pay off the national debt, would it be a good idea to have the 26 to 35 million illegal immigrants become legal or something, in order for them to start paying taxes and start contributing to the debt. If 26 million illegal immigrants paid an average of 900 dollars a month, that would add over 2 TRILLION dollars to this countries tax revenue. Since these people were not paying taxes to begin with we could just throw that money at the debt until it is completely paid off. Just a thought, and wanted to know what you thought.

By: MRCTM

MRCTM — Fri, 10 Oct 2008 02:37:19 +0000

One thing for certain is that the economy and the govt will never be the same again. The choices that are being made are reactive to something that no one understands. This is a dangerous situation. It makes you wonder if this is somehow orchestrated or just chance. I do know that with the fear of financial insecurity everywhere it is easier to ramrod unrealistic laws down our throats. The only security that exists in life is in oneself by being true to yourself. Can anyone fathom how much 700 billion dollars or 85 billion dollars is? Sounds like an open checkbook

By: sharon s

sharon s — Fri, 10 Oct 2008 02:16:33 +0000

steve I agree with Ron you are an Idiot… I think you and your car should move to where your car is from and help their econmony… We do not need negitave people like yourself(and your loud dumb down american mouth) in this american buying country. What ever happen to human error or are you one of the choosen ones. If so please except my aplogy. Oh that’s right I would have to explain myself about the choosen one.. because refering to loud dumb down american mouth you would not understand.

I believe in the american dream and their products, you have just been brain washed into beliving someone else’s dream.. so go live that dream and spare america with your mouth and car.

By: Ron

Ron — Fri, 10 Oct 2008 00:05:29 +0000

Steve.. You sound like an idiot!
Maybe if you would buy a newer model GM you would get to experience and enjoy the excellent quality they achieved.
At the same time you would be helping a truly great American automobile company!

By: Chris

Chris — Thu, 09 Oct 2008 21:00:18 +0000

What’s terrible about all of this is that Congress has recently approved a $25 billion loan for the auto industry. Now that was a wise investment.